Alpha Real Estate ServicesATH:ASTAK 72 PB Ratio is 1.44 as of Jun. 26, 2026, which is 95% above its 10-year median of 0.74. GuruFocus rates ATH:ASTAK with a GF Score™ of 72/100 and a GF Value™ of €12.38 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,712 Real Estate companies, Alpha Real Estate Services ranks worse than 73.89% on this metric.
Alpha Real Estate Services SA stock PB Ratio (=1.45) is close to 2-year high of 1.48.
The historical rank and industry rank for Alpha Real Estate Services's PB Ratio or its related term are showing as below:
ATH:ASTAK'
s PB Ratio Range Over the Past 10 Years
Min: 0.47 Med: 0.74 Max: 1.67
Current: 1.45
During the past 13 years, Alpha Real Estate Services's highest PB Ratio was 1.67. The lowest was 0.47. And the median was 0.74.
ATH:ASTAK's PB Ratio is ranked worse than 73.89% of 1712
companies
in the Real Estate industry
Industry Median: 0.82
vs ATH:ASTAK: 1.45
During the past 12 months, Alpha Real Estate Services's average Book Value Per Share Growth Rate was 0.90% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -9.10% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -13.70% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -6.00% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Alpha Real Estate Services was 6.40% per year. The lowest was -19.80% per year. And the median was 0.55% per year.
Back to Basics: PB Ratio
Alpha Real Estate Services (ATH:ASTAK) 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.
Alpha Real Estate Services PB Ratio Related Terms
Alpha Real Estate Services PB Ratio Historical Data
* 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.
ATH:ASTAK vs CBRE, BEKE, CSGP: PB Ratio Comparison
For the Real Estate Services subindustry, Alpha Real Estate Services'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 Real Estate Services PB Ratio vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Alpha Real Estate Services's PB Ratio distribution charts can be found below:
* The bar in red indicates where Alpha Real Estate Services'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.
Alpha Real Estate Services (ATH:ASTAK) has a PB Ratio of 1.44 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 Alpha Real Estate Services and its competitors. This is 95% above median its historical median of 0.74. Over the past decade, Alpha Real Estate Services' PB Ratio has ranged from 0.47 to 1.67. According to the industry distribution chart, Alpha Real Estate Services ranks #1265 out of 1712 companies in the Real Estate industry, placing it in the top 73.9%.
Is Alpha Real Estate Services' PB Ratio too high?
Alpha Real Estate Services' current PB Ratio of 1.44 is 95% above median its 10-year median of 0.74. Over the past 10 years, this metric has ranged from a low of 0.47 to a high of 1.67. The Real Estate industry median PB Ratio is 0.82. Alpha Real Estate Services' value of 1.44 is 75.6% above this industry median. Based on the distribution chart, Alpha Real Estate Services ranks #1265 out of 1712 companies in the Real Estate industry, which is below the industry midpoint. Overall, Alpha Real Estate Services has a GF Score™ of 72/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Alpha Real Estate Services' PB Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Alpha Real Estate Services ranks #1265 out of 1712 companies for PB Ratio. This places Alpha Real Estate Services in the lower half of its industry. The industry median PB Ratio is 0.82. Alpha Real Estate Services' value of 1.44 is 75.6% above this benchmark. Historically, Alpha Real Estate Services' own PB Ratio has ranged from 0.47 to 1.67 over the past decade. While the company's 10-year median is 0.74 vs. the industry median of 0.82, Alpha Real Estate Services 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 Real Estate company?
The median PB Ratio among Real Estate companies is 0.82, based on 1,712 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 Real Estate Services's current PB Ratio of 1.44 is 75.6% 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 Alpha Real Estate Services and its competitors. For the Real Estate industry, the median PB Ratio is 0.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alpha Real Estate Services's current PB Ratio is 1.44, which is 95% above median its own 10-year median of 0.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alpha Real Estate Services stock overvalued right now?
Based on GuruFocus' analysis, Alpha Real Estate Services (ATH:ASTAK) is currently considered Significantly Undervalued. The stock's GF Value™ is €12.38, compared to a current price of €7.50 — trading 39.4% below its estimated fair value. The current PB Ratio is 1.44, which is 95% above median its 10-year median of 0.74 and 75.6% above the Real Estate industry median of 0.82. Alpha Real Estate Services' overall GF Score™ is 72/100 with 3 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 Real Estate Services (ATH:ASTAK), the current PB Ratio is 1.44 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 Alpha Real Estate Services (ATH:ASTAK) Overvalued in 2026?
Based on GuruFocus' analysis, Alpha Real Estate Services stock appears to be undervalued.
The current stock price of €7.50 is trading 39.4% below its estimated GF Value™ of €12.38.
GuruFocus considers Alpha Real Estate Services to be Significantly Undervalued.
Key valuation signals for ATH:ASTAK:
PB Ratio: 1.44 (95% above median its 10-year median of 0.74)
GF Value™: €12.38 vs. price of €7.50 (39.4% below fair value)
Industry Position: 75.6% above the Real Estate median (#1265 of 1712)
No single metric tells the full story. See the ATH:ASTAK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Alpha Real Estate Services SA is engaged in the management and exploitation of properties owned by it or third parties, the provision of technical advice on related matters, the provision of real estate and brokerage services, the preparation of studies of all kinds, the provision of general advice on the above matters, the carrying out of assessments and valuations of assets and mechanical equipment and in general assessments on behalf of third parties on related matters.
72GF Score
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