Grupo Argos (BOG:GRUPOARGOS) PB Ratio: 1.15 (As of Jul. 29, 2026) — 156% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

BOG:GRUPOARGOS Grupo Argos SA BOG:GRUPOARGOS
43 GF Score
Price COP16,540.00
GF Value COP12,039.54
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Grupo Argos PB Ratio?

Grupo Argos BOG:GRUPOARGOS -0.36% 43 PB Ratio is 1.15 as of Jul. 29, 2026, which is 156% above its 10-year median of 0.45. GuruFocus rates BOG:GRUPOARGOS with a GF Score™ of 43/100 and a GF Value™ of COP12,039.54 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 398 Building Materials companies, Grupo Argos ranks worse than 51.01% 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 (2026-07-29), Grupo Argos's share price is COP16540.00. Grupo Argos's Book Value per Share for the quarter that ended in Mar. 2026 was COP14,384.41. Hence, Grupo Argos's PB Ratio of today is 1.15.

The historical rank and industry rank for Grupo Argos's PB Ratio or its related term are showing as below:

BOG:GRUPOARGOS' s PB Ratio Range Over the Past 10 Years
Min: 0.2   Med: 0.45   Max: 1.25
Current: 1.15

During the past 13 years, Grupo Argos's highest PB Ratio was 1.25. The lowest was 0.20. And the median was 0.45.

BOG:GRUPOARGOS's PB Ratio is ranked worse than
51.01% of 398 companies
in the Building Materials industry
Industry Median: 1.11 vs BOG:GRUPOARGOS: 1.15

During the past 12 months, Grupo Argos's average Book Value Per Share Growth Rate was -45.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -14.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -1.90% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 1.30% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Grupo Argos was 17.50% per year. The lowest was -14.10% per year. And the median was 3.85% per year.

Back to Basics: PB Ratio


Grupo Argos  (BOG:GRUPOARGOS) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

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.


Grupo Argos PB Ratio Related Terms


Grupo Argos PB Ratio Historical Data

* Premium members only.

The historical data trend for Grupo Argos'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.

Grupo Argos PB Ratio Chart

Grupo Argos Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.37 0.23 0.33 0.46 1.11

Grupo Argos Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.46 0.49 1.10 1.11 1.16

BOG:GRUPOARGOS vs CRH, VMC, MLM: PB Ratio Comparison

For the Building Materials subindustry, Grupo Argos'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.


Grupo Argos PB Ratio vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Grupo Argos's PB Ratio distribution charts can be found below:

* The bar in red indicates where Grupo Argos's PB Ratio falls into.


BOG:GRUPOARGOS
43GF Score
Grupo Argos SA BOG:GRUPOARGOS
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Grupo Argos PB Ratio Calculation

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.

Grupo Argos's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=16540.00/14384.408
=1.15

* 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.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 1.15 mean?
Grupo Argos (BOG:GRUPOARGOS) has a PB Ratio of 1.15 as of Jul. 29, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Grupo Argos and its competitors. This is 156% above median its historical median of 0.45. Over the past decade, Grupo Argos' PB Ratio has ranged from 0.20 to 1.25. According to the industry distribution chart, Grupo Argos ranks #203 out of 398 companies in the Building Materials industry, placing it in the top 51%.
Is Grupo Argos' PB Ratio too high?
Grupo Argos' current PB Ratio of 1.15 is 156% above median its 10-year median of 0.45. Over the past 10 years, this metric has ranged from a low of 0.20 to a high of 1.25. The Building Materials industry median PB Ratio is 1.11. Grupo Argos' value of 1.15 is 3.6% above this industry median. Based on the distribution chart, Grupo Argos ranks #203 out of 398 companies in the Building Materials industry, which is below the industry midpoint. Overall, Grupo Argos has a GF Score™ of 43/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Grupo Argos' PB Ratio compare to CRH and VMC?
According to the Building Materials industry distribution chart, Grupo Argos ranks #203 out of 398 companies for PB Ratio. This places Grupo Argos in the lower half of its industry. The industry median PB Ratio is 1.11. Grupo Argos' value of 1.15 is 3.6% above this benchmark. Historically, Grupo Argos' own PB Ratio has ranged from 0.20 to 1.25 over the past decade. While the company's 10-year median is 0.45 vs. the industry median of 1.11, Grupo Argos 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 a Building Materials company?
The median PB Ratio among Building Materials companies is 1.11, based on 398 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. Grupo Argos's current PB Ratio of 1.15 is 3.6% 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 Grupo Argos and its competitors. For the Building Materials industry, the median PB Ratio is 1.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grupo Argos's current PB Ratio is 1.15, which is 156% above median its own 10-year median of 0.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grupo Argos stock overvalued right now?
Based on GuruFocus' analysis, Grupo Argos (BOG:GRUPOARGOS) is currently considered Significantly Overvalued. The stock's GF Value™ is COP12,039.54, compared to a current price of COP16,540.00 — trading 37.4% above its estimated fair value. The current PB Ratio is 1.15, which is 156% above median its 10-year median of 0.45 and 3.6% above the Building Materials industry median of 1.11. Grupo Argos' overall GF Score™ is 43/100 with 5 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 Grupo Argos (BOG:GRUPOARGOS), the current PB Ratio is 1.15 as of Jul. 29, 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 Grupo Argos (BOG:GRUPOARGOS) Overvalued in 2026?

Based on GuruFocus' analysis, Grupo Argos stock appears to be overvalued. The current stock price of COP16,540.00 is trading 37.4% above its estimated GF Value™ of COP12,039.54. GuruFocus considers Grupo Argos to be Significantly Overvalued.

Key valuation signals for BOG:GRUPOARGOS:

  • PB Ratio: 1.15 (156% above median its 10-year median of 0.45)
  • GF Value™: COP12,039.54 vs. price of COP16,540.00 (37.4% above fair value)
  • GF Score™: 43/100 with 5 warning signs
  • Industry Position: 3.6% above the Building Materials median (#203 of 398)

No single metric tells the full story. See the BOG:GRUPOARGOS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Grupo Argos Business Description

Other Exchanges PFGRUPOARG:Colombia
Address Carrera 43A, No. 1A Sur 143, Santillana Center - South Tower, Medellin, COL
Grupo Argos SA is a holding company with businesses spanning multiple industries including cement, energy, highway and airport construction, port operations, real estate, and coal. The Cement segment, which generates the majority of revenue, has a majority ownership stake in Cementos Argos, which manufactures and sells cement, concrete, and cement-related products in multiple countries throughout the Americas. The Energy segment has a majority ownership stake in a company named Celsia, which generates and sells gas, thermal energy, and hydroelectric energy throughout Central and South America.
43GF Score

Get the complete analysis for BOG:GRUPOARGOS

PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

COP16,540.00
Price
COP12,039.54
GF Value