Alpha Trust Andromeda Investment Trust (ATH:ANDRO) PB Ratio: 0.86 (As of Jun. 25, 2026) — 23% Below Median


ATH:ANDRO Alpha Trust Andromeda Investment Trust SA ATH:ANDRO
73 GF Score
Price €8.44
GF Value €7.39
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Alpha Trust Andromeda Investment Trust PB Ratio?

Alpha Trust Andromeda Investment Trust ATH:ANDRO +1.93% 73 PB Ratio is 0.86 as of Jun. 25, 2026, which is 23% below its 10-year median of 1.11. GuruFocus rates ATH:ANDRO with a GF Score™ of 73/100 and a GF Value™ of €7.39 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 1,606 Asset Management companies, Alpha Trust Andromeda Investment Trust ranks better than 69.18% 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 (2026-06-25), Alpha Trust Andromeda Investment Trust's share price is €8.44. Alpha Trust Andromeda Investment Trust's Book Value per Share for the quarter that ended in Mar. 2026 was €9.87. Hence, Alpha Trust Andromeda Investment Trust's PB Ratio of today is 0.86.

The historical rank and industry rank for Alpha Trust Andromeda Investment Trust's PB Ratio or its related term are showing as below:

ATH:ANDRO' s PB Ratio Range Over the Past 10 Years
Min: 0.66   Med: 1.11   Max: 1.78
Current: 0.86

During the past 13 years, Alpha Trust Andromeda Investment Trust's highest PB Ratio was 1.78. The lowest was 0.66. And the median was 1.11.

ATH:ANDRO's PB Ratio is ranked better than
69.18% of 1606 companies
in the Asset Management industry
Industry Median: 0.95 vs ATH:ANDRO: 0.86

During the past 12 months, Alpha Trust Andromeda Investment Trust's average Book Value Per Share Growth Rate was 8.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 14.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 3.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 6.30% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Alpha Trust Andromeda Investment Trust was 17.80% per year. The lowest was -59.80% per year. And the median was 2.00% per year.

Back to Basics: PB Ratio


Alpha Trust Andromeda Investment Trust  (ATH:ANDRO) 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.


Alpha Trust Andromeda Investment Trust PB Ratio Related Terms


Alpha Trust Andromeda Investment Trust PB Ratio Historical Data

* Premium members only.

The historical data trend for Alpha Trust Andromeda Investment Trust'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.

Alpha Trust Andromeda Investment Trust PB Ratio Chart

Alpha Trust Andromeda Investment Trust 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 0.82 0.87 0.77 0.74 0.77

Alpha Trust Andromeda Investment Trust Quarterly Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 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 0.73 0.72 0.80 0.77 0.80

ATH:ANDRO vs BLK, BX, KKR: PB Ratio Comparison

For the Asset Management subindustry, Alpha Trust Andromeda Investment Trust'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.


Alpha Trust Andromeda Investment Trust PB Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Alpha Trust Andromeda Investment Trust's PB Ratio distribution charts can be found below:

* The bar in red indicates where Alpha Trust Andromeda Investment Trust's PB Ratio falls into.


ATH:ANDRO
73GF Score
Alpha Trust Andromeda Investment Trust SA ATH:ANDRO
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Alpha Trust Andromeda Investment Trust 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.

Alpha Trust Andromeda Investment Trust's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=8.44/9.868
=0.86

* 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 0.86 mean?
Alpha Trust Andromeda Investment Trust (ATH:ANDRO) has a PB Ratio of 0.86 as of Jun. 25, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Alpha Trust Andromeda Investment Trust and its competitors. This is 23% below median its historical median of 1.11. Over the past decade, Alpha Trust Andromeda Investment Trust's PB Ratio has ranged from 0.66 to 1.78. According to the industry distribution chart, Alpha Trust Andromeda Investment Trust ranks #495 out of 1606 companies in the Asset Management industry, placing it in the top 30.8%.
Is Alpha Trust Andromeda Investment Trust's PB Ratio too high?
Alpha Trust Andromeda Investment Trust's current PB Ratio of 0.86 is 23% below median its 10-year median of 1.11. Over the past 10 years, this metric has ranged from a low of 0.66 to a high of 1.78. The Asset Management industry median PB Ratio is 0.95. Alpha Trust Andromeda Investment Trust's value of 0.86 is 9.5% below this industry median. Based on the distribution chart, Alpha Trust Andromeda Investment Trust ranks #495 out of 1606 companies in the Asset Management industry, which is above the industry midpoint. Overall, Alpha Trust Andromeda Investment Trust has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Alpha Trust Andromeda Investment Trust's PB Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, Alpha Trust Andromeda Investment Trust ranks #495 out of 1606 companies for PB Ratio. This puts Alpha Trust Andromeda Investment Trust in the upper half of its industry. The industry median PB Ratio is 0.95. Alpha Trust Andromeda Investment Trust's value of 0.86 is 9.5% below this benchmark. Historically, Alpha Trust Andromeda Investment Trust's own PB Ratio has ranged from 0.66 to 1.78 over the past decade. While the company's 10-year median is 1.11 vs. the industry median of 0.95, Alpha Trust Andromeda Investment Trust has consistently been below 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 an Asset Management company?
The median PB Ratio among Asset Management companies is 0.95, based on 1,606 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. Alpha Trust Andromeda Investment Trust's current PB Ratio of 0.86 is 9.5% 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 Alpha Trust Andromeda Investment Trust and its competitors. For the Asset Management industry, the median PB Ratio is 0.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alpha Trust Andromeda Investment Trust's current PB Ratio is 0.86, which is 23% below median its own 10-year median of 1.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alpha Trust Andromeda Investment Trust stock overvalued right now?
Based on GuruFocus' analysis, Alpha Trust Andromeda Investment Trust (ATH:ANDRO) is currently considered Modestly Overvalued. The stock's GF Value™ is €7.39, compared to a current price of €8.44 — trading 14.2% above its estimated fair value. The current PB Ratio is 0.86, which is 23% below median its 10-year median of 1.11 and 9.5% below the Asset Management industry median of 0.95. Alpha Trust Andromeda Investment Trust's overall GF Score™ is 73/100 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 Alpha Trust Andromeda Investment Trust (ATH:ANDRO), the current PB Ratio is 0.86 as of Jun. 25, 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 Alpha Trust Andromeda Investment Trust (ATH:ANDRO) Overvalued in 2026?

Based on GuruFocus' analysis, Alpha Trust Andromeda Investment Trust stock appears to be overvalued. The current stock price of €8.44 is trading 14.2% above its estimated GF Value™ of €7.39. GuruFocus considers Alpha Trust Andromeda Investment Trust to be Modestly Overvalued.

Key valuation signals for ATH:ANDRO:

  • PB Ratio: 0.86 (23% below median its 10-year median of 1.11)
  • GF Value™: €7.39 vs. price of €8.44 (14.2% above fair value)
  • GF Score™: 73/100 with 2 warning signs
  • Industry Position: 9.5% below the Asset Management median (#495 of 1606)

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


Alpha Trust Andromeda Investment Trust Business Description

Address 21, Tatoiou Street, Kifisia, Athens, GRC, 145 61
Alpha Trust Andromeda Investment Trust SA is a portfolio investment trust based in Greece. It engages in the management of financial assets. The investment portfolio includes listed domestic stock, Greek government bonds, corporate bonds, bonds, and derivatives.
73GF Score

Get the complete analysis for ATH:ANDRO

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

€8.44
Price
€7.39
GF Value