ALSASX:ALQ +0.85%88 PB Ratio is 6.77 as of Jun. 26, 2026, which is 57% above its 10-year median of 4.32. GuruFocus rates ASX:ALQ with a GF Score™ of 88/100 and a GF Value™ of A$18.96 (Modestly Overvalued). Among 1,049 Business Services companies, ALS ranks worse than 91.52% 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), ALS's share price is A$22.67. ALS's Book Value per Share for the quarter that ended in Mar. 2026 was A$3.35. Hence, ALS's PB Ratio of today is 6.77.
Good Sign:
ALS Ltd stock PB Ratio (=6.85) is close to 1-year low of 6.26.
The historical rank and industry rank for ALS's PB Ratio or its related term are showing as below:
ASX:ALQ'
s PB Ratio Range Over the Past 10 Years
Min: 2.23 Med: 4.32 Max: 9.71
Current: 6.78
During the past 13 years, ALS's highest PB Ratio was 9.71. The lowest was 2.23. And the median was 4.32.
ASX:ALQ's PB Ratio is ranked worse than 91.52% of 1049
companies
in the Business Services industry
Industry Median: 1.62
vs ASX:ALQ: 6.78
During the past 12 months, ALS's average Book Value Per Share Growth Rate was 26.90% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 5.90% 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 2.90% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of ALS was 26.00% per year. The lowest was -11.50% per year. And the median was 7.60% 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.
ALS PB Ratio Related Terms
ALS PB Ratio Historical Data
* Premium members only.
The historical data trend for ALS'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 Consulting Services subindustry, ALS'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.
ALS PB Ratio vs Business Services Industry
For the Business Services industry and Industrials sector, ALS's PB Ratio distribution charts can be found below:
* The bar in red indicates where ALS'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.
ALS'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.
ALS (ASX:ALQ) has a PB Ratio of 6.77 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 ALS and its competitors. This is 57% above median its historical median of 4.32. Over the past decade, ALS's PB Ratio has ranged from 2.23 to 9.71. According to the industry distribution chart, ALS ranks #960 out of 1049 companies in the Business Services industry, placing it in the top 91.5%.
Is ALS's PB Ratio too high?
ALS's current PB Ratio of 6.77 is 57% above median its 10-year median of 4.32. Over the past 10 years, this metric has ranged from a low of 2.23 to a high of 9.71. The Business Services industry median PB Ratio is 1.62. ALS's value of 6.77 is 317.9% above this industry median. Based on the distribution chart, ALS ranks #960 out of 1049 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, ALS has a GF Score™ of 88/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ALS's PB Ratio compare to VRSK and EFX?
According to the Business Services industry distribution chart, ALS ranks #960 out of 1049 companies for PB Ratio. This places ALS in the lower half of its industry. The industry median PB Ratio is 1.62. ALS's value of 6.77 is 317.9% above this benchmark. Historically, ALS's own PB Ratio has ranged from 2.23 to 9.71 over the past decade. While the company's 10-year median is 4.32 vs. the industry median of 1.62, ALS 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 Business Services company?
The median PB Ratio among Business Services companies is 1.62, based on 1,049 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. ALS's current PB Ratio of 6.77 is 317.9% 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 ALS and its competitors. For the Business Services industry, the median PB Ratio is 1.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ALS's current PB Ratio is 6.77, which is 57% above median its own 10-year median of 4.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ALS stock overvalued right now?
Based on GuruFocus' analysis, ALS (ASX:ALQ) is currently considered Modestly Overvalued. The stock's GF Value™ is A$18.96, compared to a current price of A$22.67 — trading 19.6% above its estimated fair value. The current PB Ratio is 6.77, which is 57% above median its 10-year median of 4.32 and 317.9% above the Business Services industry median of 1.62. ALS's overall GF Score™ is 88/100. 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 ALS (ASX:ALQ), the current PB Ratio is 6.77 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.
Is ALS (ASX:ALQ) Overvalued in 2026?
Based on GuruFocus' analysis, ALS stock appears to be overvalued.
The current stock price of A$22.67 is trading 19.6% above its estimated GF Value™ of A$18.96.
GuruFocus considers ALS to be Modestly Overvalued.
Key valuation signals for ASX:ALQ:
PB Ratio: 6.77 (57% above median its 10-year median of 4.32)
GF Value™: A$18.96 vs. price of A$22.67 (19.6% above fair value)
Industry Position: 317.9% above the Business Services median (#960 of 1049)
No single metric tells the full story. See the ASX:ALQ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Founded in the 1880s and listed on the ASX in 1952, ALS operates two divisions: commodities and life sciences. ALS commodities traditionally generated the majority of underlying earnings, providing geochemistry, metallurgy, inspection, and mine site services for the global mining industry. Expansion into environmental, pharmaceutical, and food testing areas has lessened earnings exposure to commodities.
88GF Score
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