ALMS (Alumis) PB Ratio: 5.92 (As of Jun. 26, 2026) — 185% Above Median


ALMS Alumis Inc ALMS
12 GF Score
Price $26.40
! 4 Warning Signs
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What is Alumis PB Ratio?

Alumis ALMS +5.52% 12 PB Ratio is 5.92 as of Jun. 26, 2026, which is 185% above its 10-year median of 2.08. GuruFocus rates ALMS with a GF Score™ of 12/100. The stock has 4 warning signs investors should review. Among 1,232 Biotechnology companies, Alumis ranks worse than 73.94% 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 (2026-06-26), Alumis's share price is $26.40. Alumis's Book Value per Share for the quarter that ended in Mar. 2026 was $4.46. Hence, Alumis's PB Ratio of today is 5.92.

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

ALMS' s PB Ratio Range Over the Past 10 Years
Min: 0.71   Med: 2.08   Max: 10.32
Current: 5.92

During the past 4 years, Alumis's highest PB Ratio was 10.32. The lowest was 0.71. And the median was 2.08.

ALMS's PB Ratio is ranked worse than
73.94% of 1232 companies
in the Biotechnology industry
Industry Median: 2.8 vs ALMS: 5.92

During the past 12 months, Alumis's average Book Value Per Share Growth Rate was 44.10% per year.

Back to Basics: PB Ratio


Alumis  (NAS:ALMS) 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.


Alumis PB Ratio Related Terms


Alumis PB Ratio Historical Data

* Premium members only.

The historical data trend for Alumis'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.

Alumis PB Ratio Chart

Alumis Annual Data
Trend Dec22 Dec23 Dec24 Dec25
PB Ratio
0.00 0.00 1.64 3.39

Alumis Quarterly Data
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 1.98 0.64 1.08 3.39 4.94

ALMS vs SLNO, ARQT, IRON: PB Ratio Comparison

For the Biotechnology subindustry, Alumis'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.


Alumis PB Ratio vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Alumis's PB Ratio distribution charts can be found below:

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


ALMS
12GF Score
Alumis Inc ALMS
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Alumis 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.

Alumis's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=26.40/4.457
=5.92

* 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 5.92 mean?
Alumis (ALMS) has a PB Ratio of 5.92 as of Jun. 26, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Alumis and its competitors. This is 185% above median its historical median of 2.08. Over the past decade, Alumis' PB Ratio has ranged from 0.71 to 10.32. According to the industry distribution chart, Alumis ranks #911 out of 1232 companies in the Biotechnology industry, placing it in the top 73.9%.
Is Alumis' PB Ratio too high?
Alumis' current PB Ratio of 5.92 is 185% above median its 10-year median of 2.08. Over the past 10 years, this metric has ranged from a low of 0.71 to a high of 10.32. The Biotechnology industry median PB Ratio is 2.80. Alumis' value of 5.92 is 111.4% above this industry median. Based on the distribution chart, Alumis ranks #911 out of 1232 companies in the Biotechnology industry, which is below the industry midpoint. Overall, Alumis has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Alumis' PB Ratio compare to SLNO and ARQT?
According to the Biotechnology industry distribution chart, Alumis ranks #911 out of 1232 companies for PB Ratio. This places Alumis in the lower half of its industry. The industry median PB Ratio is 2.80. Alumis' value of 5.92 is 111.4% above this benchmark. Historically, Alumis' own PB Ratio has ranged from 0.71 to 10.32 over the past decade. While the company's 10-year median is 2.08 vs. the industry median of 2.80, Alumis 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 Biotechnology company?
The median PB Ratio among Biotechnology companies is 2.80, based on 1,232 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. Alumis's current PB Ratio of 5.92 is 111.4% 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 Alumis and its competitors. For the Biotechnology industry, the median PB Ratio is 2.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alumis's current PB Ratio is 5.92, which is 185% above median its own 10-year median of 2.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alumis stock overvalued right now?
Alumis (ALMS) has a current PB Ratio of 5.92. The current PB Ratio is 5.92, which is 185% above median its 10-year median of 2.08 and 111.4% above the Biotechnology industry median of 2.80. Alumis' overall GF Score™ is 12/100 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 Alumis (ALMS), the current PB Ratio is 5.92 as of Jun. 26, 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.

Alumis Business Description

Address 280 East Grand Avenue, South San Francisco, CA, USA, 94080
Alumis Inc is a clinical-stage biopharmaceutical company with an initial focus on developing its two Tyrosine Kinase 2 ("TYK2") inhibitors: envudeucitinib ("envu"), an allosteric TYK2 inhibitor for the treatment of PsO and SLE; and A-005, a central nervous system ("CNS") penetrant allosteric TYK2 inhibitor, to offer the therapeutic benefit of TYK2 inhibition within the CNS for a broad range of neuroinflammatory and neurodegenerative diseases.
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$26.40
Price