Altri SGPS (FRA:ACJ) PB Ratio: 2.25 (As of Jul. 17, 2026) — 31% Above Median

Author: Vera Yuan Vera Yuan
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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.
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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.

FRA:ACJ Altri SGPS SA FRA:ACJ
66 GF Score
Price €4.54
GF Value €4.38
Valuation Fairly Valued
! 7 Warning Signs
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What is Altri SGPS PB Ratio?

Altri SGPS FRA:ACJ -0.66% 66 PB Ratio is 2.25 as of Jul. 17, 2026, which is 31% above its 10-year median of 1.72. GuruFocus rates FRA:ACJ with a GF Score™ of 66/100 and a GF Value™ of €4.38 (Fairly Valued). The stock has 7 warning signs investors should review. Among 272 Forest Products companies, Altri SGPS ranks worse than 85.29% 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 (2026-07-17), Altri SGPS's share price is €4.54. Altri SGPS's Book Value per Share for the quarter that ended in Mar. 2026 was €2.02. Hence, Altri SGPS's PB Ratio of today is 2.25.

Good Sign:

Altri SGPS SA stock PB Ratio (=2.32) is close to 3-year low of 2.12.

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

FRA:ACJ' s PB Ratio Range Over the Past 10 Years
Min: 0.88   Med: 1.72   Max: 2.94
Current: 2.3

During the past 13 years, Altri SGPS's highest PB Ratio was 2.94. The lowest was 0.88. And the median was 1.72.

FRA:ACJ's PB Ratio is ranked worse than
85.29% of 272 companies
in the Forest Products industry
Industry Median: 0.785 vs FRA:ACJ: 2.30

During the past 12 months, Altri SGPS's average Book Value Per Share Growth Rate was -11.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -11.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -3.50% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 2.80% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Altri SGPS was 47.20% per year. The lowest was -12.40% per year. And the median was 10.70% per year.

Back to Basics: PB Ratio


Altri SGPS  (FRA:ACJ) 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.


Altri SGPS PB Ratio Related Terms


Altri SGPS PB Ratio Historical Data

* Premium members only.

The historical data trend for Altri SGPS'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.

Altri SGPS PB Ratio Chart

Altri SGPS 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 1.33 1.42 2.31 2.37 2.16

Altri SGPS 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 2.58 2.41 2.43 2.16 2.40

FRA:ACJ vs SLVM: PB Ratio Comparison

For the Paper & Paper Products subindustry, Altri SGPS'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.


Altri SGPS PB Ratio vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Altri SGPS's PB Ratio distribution charts can be found below:

* The bar in red indicates where Altri SGPS's PB Ratio falls into.


FRA:ACJ
66GF Score
Altri SGPS SA FRA:ACJ
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Altri SGPS 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.

Altri SGPS's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=4.54/2.017
=2.25

* 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 2.25 mean?
Altri SGPS (FRA:ACJ) has a PB Ratio of 2.25 as of Jul. 17, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Altri SGPS and its competitors. This is 31% above median its historical median of 1.72. Over the past decade, Altri SGPS's PB Ratio has ranged from 0.88 to 2.94. According to the industry distribution chart, Altri SGPS ranks #232 out of 272 companies in the Forest Products industry, placing it in the top 85.3%.
Is Altri SGPS's PB Ratio too high?
Altri SGPS's current PB Ratio of 2.25 is 31% above median its 10-year median of 1.72. Over the past 10 years, this metric has ranged from a low of 0.88 to a high of 2.94. The Forest Products industry median PB Ratio is 0.79. Altri SGPS's value of 2.25 is 186.6% above this industry median. Based on the distribution chart, Altri SGPS ranks #232 out of 272 companies in the Forest Products industry, which is in the bottom quartile relative to peers. Overall, Altri SGPS has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Altri SGPS's PB Ratio compare to SLVM?
According to the Forest Products industry distribution chart, Altri SGPS ranks #232 out of 272 companies for PB Ratio. This places Altri SGPS in the lower half of its industry. The industry median PB Ratio is 0.79. Altri SGPS's value of 2.25 is 186.6% above this benchmark. Historically, Altri SGPS's own PB Ratio has ranged from 0.88 to 2.94 over the past decade. While the company's 10-year median is 1.72 vs. the industry median of 0.79, Altri SGPS 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 Forest Products company?
The median PB Ratio among Forest Products companies is 0.79, based on 272 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. Altri SGPS's current PB Ratio of 2.25 is 186.6% 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 Altri SGPS and its competitors. For the Forest Products industry, the median PB Ratio is 0.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Altri SGPS's current PB Ratio is 2.25, which is 31% above median its own 10-year median of 1.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Altri SGPS stock overvalued right now?
Based on GuruFocus' analysis, Altri SGPS (FRA:ACJ) is currently considered Fairly Valued. The stock's GF Value™ is €4.38, compared to a current price of €4.54 — trading 3.7% above its estimated fair value. The current PB Ratio is 2.25, which is 31% above median its 10-year median of 1.72 and 186.6% above the Forest Products industry median of 0.79. Altri SGPS's overall GF Score™ is 66/100 with 7 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 Altri SGPS (FRA:ACJ), the current PB Ratio is 2.25 as of Jul. 17, 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 Altri SGPS (FRA:ACJ) Overvalued in 2026?

Based on GuruFocus' analysis, Altri SGPS stock appears to be overvalued. The current stock price of €4.54 is trading 3.7% above its estimated GF Value™ of €4.38. GuruFocus considers Altri SGPS to be Fairly Valued.

Key valuation signals for FRA:ACJ:

  • PB Ratio: 2.25 (31% above median its 10-year median of 1.72)
  • GF Value™: €4.38 vs. price of €4.54 (3.7% above fair value)
  • GF Score™: 66/100 with 7 warning signs
  • Industry Position: 186.6% above the Forest Products median (#232 of 272)

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


Altri SGPS Business Description

Other Exchanges ALTR:Portugal0DJV:UK
Address Rua Manuel Pinto de Azevedo, 818, Porto, PRT, 4100-320
Altri SGPS SA manages forests and produces and sells pulp. The company owns and manages eucalyptus forests throughout Portugal and harvests timber. It focuses on the production of cellulosic fibers through three production units. The group comprises twenty-one companies, including three industrial plants dedicated to the production of cellulose fibres: Biotek, Caima, and Celbi. The company generates maximum revenue from the sale of Cellulosic Fiber. Geographically, the company operates in the Domestic market and the foreign market. The majority of its revenue is generated from the Foreign market.
66GF Score

Get the complete analysis for FRA:ACJ

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

€4.54
Price
€4.38
GF Value