Alterity TherapeuticsASX:ATH -1.75%34 PB Ratio is 2.25 as of Jun. 27, 2026. GuruFocus rates ASX:ATH with a GF Score™ of 34/100. Among 1,232 Biotechnology companies, Alterity Therapeutics ranks better than 57.39% on this metric.
The historical rank and industry rank for Alterity Therapeutics's PB Ratio or its related term are showing as below:
ASX:ATH'
s PB Ratio Range Over the Past 10 Years
Min: 0 Med: 0 Max: 2.25
Current: 2.25
During the past 13 years, Alterity Therapeutics's highest PB Ratio was 2.25. The lowest was 0.00. And the median was 0.00.
ASX:ATH's PB Ratio is ranked better than 57.39% of 1232
companies
in the Biotechnology industry
Industry Median: 2.8
vs ASX:ATH: 2.25
During the past 12 months, Alterity Therapeutics's average Book Value Per Share Growth Rate was 308.20% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -32.00% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -19.50% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -25.60% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Alterity Therapeutics was 57.20% per year. The lowest was -51.80% per year. And the median was -19.80% per year.
Back to Basics: PB Ratio
Alterity Therapeutics (ASX:ATH) PB Ratio Explanation
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.
* 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 Biotechnology subindustry, Alterity Therapeutics'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.
Alterity Therapeutics PB Ratio vs Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Alterity Therapeutics's PB Ratio distribution charts can be found below:
* The bar in red indicates where Alterity Therapeutics'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.
* 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.
Alterity Therapeutics (ASX:ATH) has a PB Ratio of 2.25 as of Jun. 27, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Alterity Therapeutics and its competitors. According to the industry distribution chart, Alterity Therapeutics ranks #525 out of 1232 companies in the Biotechnology industry, placing it in the top 42.6%.
Is Alterity Therapeutics' PB Ratio too high?
Alterity Therapeutics' current PB Ratio is 2.25. The Biotechnology industry median PB Ratio is 2.80. Alterity Therapeutics' value of 2.25 is 19.6% below this industry median. Based on the distribution chart, Alterity Therapeutics ranks #525 out of 1232 companies in the Biotechnology industry, which is above the industry midpoint. Overall, Alterity Therapeutics has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Alterity Therapeutics' PB Ratio compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, Alterity Therapeutics ranks #525 out of 1232 companies for PB Ratio. This puts Alterity Therapeutics in the upper half of its industry. The industry median PB Ratio is 2.80. Alterity Therapeutics' value of 2.25 is 19.6% below this benchmark. 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. Alterity Therapeutics's current PB Ratio of 2.25 is 19.6% below 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 Alterity Therapeutics 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. Alterity Therapeutics's current PB Ratio is 2.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alterity Therapeutics stock overvalued right now?
Alterity Therapeutics (ASX:ATH) has a current PB Ratio of 2.25. The current PB Ratio is 2.25 and 19.6% below the Biotechnology industry median of 2.80. Alterity Therapeutics' overall GF Score™ is 34/100. 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 Alterity Therapeutics (ASX:ATH), the current PB Ratio is 2.25 as of Jun. 27, 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.
Alterity Therapeutics Ltd is a clinical-stage biotechnology company focused on neurodegenerative diseases and the creation of a chemical library of proprietary molecules. Its research and clinical development efforts are focused on Parkinson's disease and related disorders, where it is identifying and developing novel compounds that address the underlying pathology of these disorders by binding and redistributing excess labile iron, reducing alpha-synuclein aggregation, and rescuing neurons in the brain. Its pipeline programs are ATH434-201, ATH434-202, bioMUSE, ATH434, and Drug Discovery. The Group operated in one segment, research and development into Parkinsonian and other neurodegenerative disorders.
34GF Score
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