Ames NationalATLO -0.91%59 PB Ratio is 1.30 as of Jun. 25, 2026, which is 10% above its 10-year median of 1.18. GuruFocus rates ATLO with a GF Score™ of 59/100 and a GF Value™ of $24.11 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,515 Banks companies, Ames National ranks worse than 67.06% 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), Ames National's share price is $30.39. Ames National's Book Value per Share for the quarter that ended in Mar. 2026 was $23.44. Hence, Ames National's PB Ratio of today is 1.30.
Warning Sign:
Ames National Corp stock PB Ratio (=1.31) is close to 3-year high of 1.37.
The historical rank and industry rank for Ames National's PB Ratio or its related term are showing as below:
ATLO'
s PB Ratio Range Over the Past 10 Years
Min: 0.74 Med: 1.18 Max: 1.91
Current: 1.3
During the past 13 years, Ames National's highest PB Ratio was 1.91. The lowest was 0.74. And the median was 1.18.
ATLO's PB Ratio is ranked worse than 67.06% of 1515
companies
in the Banks industry
Industry Median: 1.08
vs ATLO: 1.30
During the past 12 months, Ames National's average Book Value Per Share Growth Rate was 14.10% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 12.30% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -0.70% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 1.70% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Ames National was 12.30% per year. The lowest was -7.10% per year. And the median was 3.70% 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.
Ames National PB Ratio Related Terms
Ames National PB Ratio Historical Data
* Premium members only.
The historical data trend for Ames National'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 Banks - Regional subindustry, Ames National'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.
Ames National PB Ratio vs Banks Industry
For the Banks industry and Financial Services sector, Ames National's PB Ratio distribution charts can be found below:
* The bar in red indicates where Ames National'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.
Ames National'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.
Ames National (ATLO) has a PB Ratio of 1.30 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 Ames National and its competitors. This is 10% above median its historical median of 1.18. Over the past decade, Ames National's PB Ratio has ranged from 0.74 to 1.91. According to the industry distribution chart, Ames National ranks #1016 out of 1515 companies in the Banks industry, placing it in the top 67.1%.
Is Ames National's PB Ratio too high?
Ames National's current PB Ratio of 1.30 is 10% above median its 10-year median of 1.18. Over the past 10 years, this metric has ranged from a low of 0.74 to a high of 1.91. The Banks industry median PB Ratio is 1.08. Ames National's value of 1.30 is 20.4% above this industry median. Based on the distribution chart, Ames National ranks #1016 out of 1515 companies in the Banks industry, which is below the industry midpoint. Overall, Ames National has a GF Score™ of 59/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ames National's PB Ratio compare to FUNC and HWBK?
According to the Banks industry distribution chart, Ames National ranks #1016 out of 1515 companies for PB Ratio. This places Ames National in the lower half of its industry. The industry median PB Ratio is 1.08. Ames National's value of 1.30 is 20.4% above this benchmark. Historically, Ames National's own PB Ratio has ranged from 0.74 to 1.91 over the past decade. While the company's 10-year median is 1.18 vs. the industry median of 1.08, Ames National 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 Banks company?
The median PB Ratio among Banks companies is 1.08, based on 1,515 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. Ames National's current PB Ratio of 1.30 is 20.4% 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 Ames National and its competitors. For the Banks industry, the median PB Ratio is 1.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ames National's current PB Ratio is 1.30, which is 10% above median its own 10-year median of 1.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ames National stock overvalued right now?
Based on GuruFocus' analysis, Ames National (ATLO) is currently considered Modestly Overvalued. The stock's GF Value™ is $24.11, compared to a current price of $30.39 — trading 26% above its estimated fair value. The current PB Ratio is 1.30, which is 10% above median its 10-year median of 1.18 and 20.4% above the Banks industry median of 1.08. Ames National's overall GF Score™ is 59/100 with 5 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 Ames National (ATLO), the current PB Ratio is 1.30 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 Ames National (ATLO) Overvalued in 2026?
Based on GuruFocus' analysis, Ames National stock appears to be overvalued.
The current stock price of $30.39 is trading 26% above its estimated GF Value™ of $24.11.
GuruFocus considers Ames National to be Modestly Overvalued.
Key valuation signals for ATLO:
PB Ratio: 1.30 (10% above median its 10-year median of 1.18)
GF Value™: $24.11 vs. price of $30.39 (26% above fair value)
Industry Position: 20.4% above the Banks median (#1016 of 1515)
No single metric tells the full story. See the ATLO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ames National Corporation is a bank holding company based in the United States. Through its subsidiaries, it provides a range of banking and other financial products and services to customers in Iowa, mainly in Boone, Clarke, Hancock, Marshall, Polk, Story, Taylor, and Union in central, north-central, and south-central Iowa. The Group offers several financial products and services, including checking and savings accounts, time deposits, commercial, construction, and agricultural loans, personal loans, lines of credit, cash management services, merchant credit card processing, safe deposit boxes, and ATM services, among others. It caters to the banking needs of a diverse range of customers, including individuals, businesses, professionals, and enterprises.
59GF Score
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