ElastronATH:ELSTR 60 PB Ratio is 0.58 as of Jun. 26, 2026, which is 26% above its 10-year median of 0.46. GuruFocus rates ATH:ELSTR with a GF Score™ of 60/100 and a GF Value™ of €2.38 (Modestly Overvalued). The stock has 10 warning signs investors should review. Among 612 Steel companies, Elastron ranks better than 70.26% 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), Elastron's share price is €2.80. Elastron's Book Value per Share for the quarter that ended in Dec. 2025 was €4.79. Hence, Elastron's PB Ratio of today is 0.58.
Warning Sign:
Elastron SA stock PB Ratio (=0.56) is close to 2-year high of 0.61.
The historical rank and industry rank for Elastron's PB Ratio or its related term are showing as below:
ATH:ELSTR'
s PB Ratio Range Over the Past 10 Years
Min: 0.14 Med: 0.46 Max: 0.77
Current: 0.58
During the past 13 years, Elastron's highest PB Ratio was 0.77. The lowest was 0.14. And the median was 0.46.
ATH:ELSTR's PB Ratio is ranked better than 70.26% of 612
companies
in the Steel industry
Industry Median: 0.965
vs ATH:ELSTR: 0.58
During the past 12 months, Elastron's average Book Value Per Share Growth Rate was 8.40% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 0.40% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 4.20% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 3.60% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Elastron was 10.80% per year. The lowest was -4.60% per year. And the median was -0.75% 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.
Elastron PB Ratio Related Terms
Elastron PB Ratio Historical Data
* Premium members only.
The historical data trend for Elastron'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 Steel subindustry, Elastron'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.
Elastron PB Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, Elastron's PB Ratio distribution charts can be found below:
* The bar in red indicates where Elastron'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.
Elastron'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.
Elastron (ATH:ELSTR) has a PB Ratio of 0.58 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 Elastron and its competitors. This is 26% above median its historical median of 0.46. Over the past decade, Elastron's PB Ratio has ranged from 0.14 to 0.77. According to the industry distribution chart, Elastron ranks #182 out of 612 companies in the Steel industry, placing it in the top 29.7%.
Is Elastron's PB Ratio too high?
Elastron's current PB Ratio of 0.58 is 26% above median its 10-year median of 0.46. Over the past 10 years, this metric has ranged from a low of 0.14 to a high of 0.77. The Steel industry median PB Ratio is 0.97. Elastron's value of 0.58 is 39.9% below this industry median. Based on the distribution chart, Elastron ranks #182 out of 612 companies in the Steel industry, which is above the industry midpoint. Overall, Elastron has a GF Score™ of 60/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Elastron's PB Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Elastron ranks #182 out of 612 companies for PB Ratio. This puts Elastron in the upper half of its industry. The industry median PB Ratio is 0.97. Elastron's value of 0.58 is 39.9% below this benchmark. Historically, Elastron's own PB Ratio has ranged from 0.14 to 0.77 over the past decade. While the company's 10-year median is 0.46 vs. the industry median of 0.97, Elastron 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 a Steel company?
The median PB Ratio among Steel companies is 0.97, based on 612 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. Elastron's current PB Ratio of 0.58 is 39.9% 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 Elastron and its competitors. For the Steel industry, the median PB Ratio is 0.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elastron's current PB Ratio is 0.58, which is 26% above median its own 10-year median of 0.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elastron stock overvalued right now?
Based on GuruFocus' analysis, Elastron (ATH:ELSTR) is currently considered Modestly Overvalued. The stock's GF Value™ is €2.38, compared to a current price of €2.80 — trading 17.6% above its estimated fair value. The current PB Ratio is 0.58, which is 26% above median its 10-year median of 0.46 and 39.9% below the Steel industry median of 0.97. Elastron's overall GF Score™ is 60/100 with 10 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 Elastron (ATH:ELSTR), the current PB Ratio is 0.58 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 Elastron (ATH:ELSTR) Overvalued in 2026?
Based on GuruFocus' analysis, Elastron stock appears to be overvalued.
The current stock price of €2.80 is trading 17.6% above its estimated GF Value™ of €2.38.
GuruFocus considers Elastron to be Modestly Overvalued.
Key valuation signals for ATH:ELSTR:
PB Ratio: 0.58 (26% above median its 10-year median of 0.46)
GF Value™: €2.38 vs. price of €2.80 (17.6% above fair value)
Industry Position: 39.9% below the Steel median (#182 of 612)
No single metric tells the full story. See the ATH:ELSTR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Elastron SA is a Greece based company engaged in importing, processing, and trading of steel, steel plates, iron and metal goods, and related goods. The business segments are Steel products, Energy segment, and Agricultural products. The company processes, produces and resells steel products and insulated composite panels in Steel products segment. Electrical energy segment includes production of electric energy from photovoltaic stations. Agricultural products segment consists production of agricultural products from glasshouse cultivations. The group generates majority of the revenue from the Steel products segment. It makes sales in Greece, and internationally, of which sales in Greece constitutes mainly to the revenue.
60GF Score
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