Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Altex IndustriesALTX 21 PB Ratio is 1.77 as of Aug. 02, 2026, which is 95% above its 10-year median of 0.91. GuruFocus rates ALTX with a GF Score™ of 21/100 and a GF Value™ of $0.10 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 928 Oil & Gas companies, Altex Industries ranks worse than 61.1% on this metric.
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2026-08-02), Altex Industries's share price is $0.20. Altex Industries's Book Value per Share for the quarter that ended in Mar. 2026 was $0.11. Hence, Altex Industries's PB Ratio of today is 1.77.
Good Sign:
Altex Industries Inc stock PB Ratio (=1.77) is close to 1-year low of 1.77.
The historical rank and industry rank for Altex Industries's PB Ratio or its related term are showing as below:
ALTX'
s PB Ratio Range Over the Past 10 Years
Min: 0.54 Med: 0.91 Max: 3.41
Current: 1.82
During the past 13 years, Altex Industries's highest PB Ratio was 3.41. The lowest was 0.54. And the median was 0.91.
ALTX's PB Ratio is ranked worse than 61.1% of 928
companies
in the Oil & Gas industry
Industry Median: 1.445
vs ALTX: 1.82
During the past 12 months, Altex Industries's average Book Value Per Share Growth Rate was -8.90% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 2.60% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 8.00% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -0.80% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Altex Industries was 32.60% per year. The lowest was -15.20% per year. And the median was -2.40% per year.
The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.
Altex Industries PB Ratio Related Terms
Altex Industries PB Ratio Historical Data
* Premium members only.
The historical data trend for Altex Industries's PB Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Oil & Gas E&P subindustry, Altex Industries's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Altex Industries PB Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Altex Industries's PB Ratio distribution charts can be found below:
* The bar in red indicates where Altex Industries's PB Ratio falls into.
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.
Altex Industries (ALTX) has a PB Ratio of 1.77 as of Aug. 02, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Altex Industries and its competitors. This is 95% above median its historical median of 0.91. Over the past decade, Altex Industries' PB Ratio has ranged from 0.54 to 3.41. According to the industry distribution chart, Altex Industries ranks #567 out of 928 companies in the Oil & Gas industry, placing it in the top 61.1%.
Is Altex Industries' PB Ratio too high?
Altex Industries' current PB Ratio of 1.77 is 95% above median its 10-year median of 0.91. Over the past 10 years, this metric has ranged from a low of 0.54 to a high of 3.41. The Oil & Gas industry median PB Ratio is 1.45. Altex Industries' value of 1.77 is 22.5% above this industry median. Based on the distribution chart, Altex Industries ranks #567 out of 928 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Altex Industries has a GF Score™ of 21/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Altex Industries' PB Ratio compare to CRCE and FECOF?
According to the Oil & Gas industry distribution chart, Altex Industries ranks #567 out of 928 companies for PB Ratio. This places Altex Industries in the lower half of its industry. The industry median PB Ratio is 1.45. Altex Industries' value of 1.77 is 22.5% above this benchmark. Historically, Altex Industries' own PB Ratio has ranged from 0.54 to 3.41 over the past decade. While the company's 10-year median is 0.91 vs. the industry median of 1.45, Altex Industries has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PB Ratio for an Oil & Gas company?
The median PB Ratio among Oil & Gas companies is 1.45, based on 928 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Altex Industries's current PB Ratio of 1.77 is 22.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Altex Industries and its competitors. For the Oil & Gas industry, the median PB Ratio is 1.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Altex Industries's current PB Ratio is 1.77, which is 95% above median its own 10-year median of 0.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Altex Industries stock overvalued right now?
Based on GuruFocus' analysis, Altex Industries (ALTX) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.10, compared to a current price of $0.20 — trading 100% above its estimated fair value. The current PB Ratio is 1.77, which is 95% above median its 10-year median of 0.91 and 22.5% above the Oil & Gas industry median of 1.45. Altex Industries' overall GF Score™ is 21/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Altex Industries (ALTX), the current PB Ratio is 1.77 as of Aug. 02, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Altex Industries (ALTX) Overvalued in 2026?
Based on GuruFocus' analysis, Altex Industries stock appears to be overvalued.
The current stock price of $0.20 is trading 100% above its estimated GF Value™ of $0.10.
GuruFocus considers Altex Industries to be Significantly Overvalued.
Key valuation signals for ALTX:
PB Ratio: 1.77 (95% above median its 10-year median of 0.91)
GF Value™: $0.10 vs. price of $0.20 (100% above fair value)
Industry Position: 22.5% above the Oil & Gas median (#567 of 928)
No single metric tells the full story. See the ALTX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Altex Industries Inc. is a USA-based holding company. Through its wholly-owned subsidiary, it owns interests in productive onshore oil and gas properties, has bought and sold producing oil and gas properties, and has participated in the drilling of exploratory and development wells, and the completion of existing wells in Utah and Wyoming. The Company's revenue is from sales of oil and gas production, interest income, and, occasionally, bonus payments for mineral leases.
21GF Score
Get the complete analysis for ALTX
PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ALTX has been successfully added to your 
