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Alpex SolarNSE:ALPEXSOLAR +0.88%47 PB Ratio is 3.77 as of Aug. 01, 2026, which is 56% below its 10-year median of 8.55. GuruFocus rates NSE:ALPEXSOLAR with a GF Score™ of 47/100. The stock has 2 warning signs investors should review. Among 999 Semiconductors companies, Alpex Solar ranks worse than 60.06% 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 (2026-08-01), Alpex Solar's share price is ₹829.05. Alpex Solar's Book Value per Share for the quarter that ended in Mar. 2026 was ₹219.94. Hence, Alpex Solar's PB Ratio of today is 3.77.
Good Sign:
Alpex Solar Ltd stock PB Ratio (=3.8) is close to 3-year low of 3.64.
The historical rank and industry rank for Alpex Solar's PB Ratio or its related term are showing as below:
NSE:ALPEXSOLAR'
s PB Ratio Range Over the Past 10 Years
Min: 3.64 Med: 8.55 Max: 17.24
Current: 3.8
During the past 6 years, Alpex Solar's highest PB Ratio was 17.24. The lowest was 3.64. And the median was 8.55.
NSE:ALPEXSOLAR's PB Ratio is ranked worse than 60.06% of 999
companies
in the Semiconductors industry
Industry Median: 2.84
vs NSE:ALPEXSOLAR: 3.80
During the past 12 months, Alpex Solar's average Book Value Per Share Growth Rate was 153.90% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 136.70% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 76.30% per year.
During the past 6 years, the highest 3-Year average Book Value Per Share Growth Rate of Alpex Solar was 136.70% per year. The lowest was 52.50% per year. And the median was 79.10% 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.
Alpex Solar PB Ratio Related Terms
Alpex Solar PB Ratio Historical Data
* Premium members only.
The historical data trend for Alpex Solar'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.
NSE:ALPEXSOLAR vs FSLR, NXT, ENPH: PB Ratio Comparison
For the Solar subindustry, Alpex Solar'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.
Alpex Solar PB Ratio vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Alpex Solar's PB Ratio distribution charts can be found below:
* The bar in red indicates where Alpex Solar'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.
Alpex Solar's PB Ratio for today is calculated as follows:
* 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.
Alpex Solar (NSE:ALPEXSOLAR) has a PB Ratio of 3.77 as of Aug. 01, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Alpex Solar and its competitors. This is 56% below median its historical median of 8.55. Over the past decade, Alpex Solar's PB Ratio has ranged from 3.64 to 17.24. According to the industry distribution chart, Alpex Solar ranks #600 out of 999 companies in the Semiconductors industry, placing it in the top 60.1%.
Is Alpex Solar's PB Ratio too high?
Alpex Solar's current PB Ratio of 3.77 is 56% below median its 10-year median of 8.55. Over the past 10 years, this metric has ranged from a low of 3.64 to a high of 17.24. The Semiconductors industry median PB Ratio is 2.84. Alpex Solar's value of 3.77 is 32.7% above this industry median. Based on the distribution chart, Alpex Solar ranks #600 out of 999 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Alpex Solar has a GF Score™ of 47/100, reflecting its overall financial health beyond just this single metric.
How does Alpex Solar's PB Ratio compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Alpex Solar ranks #600 out of 999 companies for PB Ratio. This places Alpex Solar in the lower half of its industry. The industry median PB Ratio is 2.84. Alpex Solar's value of 3.77 is 32.7% above this benchmark. Historically, Alpex Solar's own PB Ratio has ranged from 3.64 to 17.24 over the past decade. While the company's 10-year median is 8.55 vs. the industry median of 2.84, Alpex Solar 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 Semiconductors company?
The median PB Ratio among Semiconductors companies is 2.84, based on 999 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. Alpex Solar's current PB Ratio of 3.77 is 32.7% 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 Alpex Solar and its competitors. For the Semiconductors industry, the median PB Ratio is 2.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alpex Solar's current PB Ratio is 3.77, which is 56% below median its own 10-year median of 8.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alpex Solar stock overvalued right now?
Alpex Solar (NSE:ALPEXSOLAR) has a current PB Ratio of 3.77. The current PB Ratio is 3.77, which is 56% below median its 10-year median of 8.55 and 32.7% above the Semiconductors industry median of 2.84. Alpex Solar's overall GF Score™ is 47/100 with 2 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 Alpex Solar (NSE:ALPEXSOLAR), the current PB Ratio is 3.77 as of Aug. 01, 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.
Alpex Solar Ltd is a solar photovoltaic (PV) module manufacturer in India. Its PV modules are manufactured using both monocrystalline and polycrystalline cell technologies. The company portfolio of solar energy products consists of bifacial, mono PERC, Halfcut solar PV modules, and also provides integrated solar energy solutions, including engineering, procurement, construction (EPC) of AC/DC Solar Pumps in both Surface and Submersible categories. Geographically, the company generates the majority of its revenue from India.
47GF Score
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