Ashtead Technology HoldingsCHIX:ATL -0.73%63 PB Ratio is 2.10 as of Jul. 04, 2026, which is 37% below its 10-year median of 3.32. GuruFocus rates CHIX:ATL with a GF Score™ of 63/100 and a GF Value™ of £8.82 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 923 Oil & Gas companies, Ashtead Technology Holdings ranks worse than 68.69% on this metric.
The historical rank and industry rank for Ashtead Technology Holdings's PB Ratio or its related term are showing as below:
CHIX:ATl'
s PB Ratio Range Over the Past 10 Years
Min: 1.55 Med: 3.32 Max: 7.05
Current: 2.07
During the past 9 years, Ashtead Technology Holdings's highest PB Ratio was 7.05. The lowest was 1.55. And the median was 3.32.
CHIX:ATl's PB Ratio is ranked worse than 68.69% of 923
companies
in the Oil & Gas industry
Industry Median: 1.38
vs CHIX:ATl: 2.07
During the past 12 months, Ashtead Technology Holdings's average Book Value Per Share Growth Rate was 23.30% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 27.50% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 28.10% per year.
During the past 9 years, the highest 3-Year average Book Value Per Share Growth Rate of Ashtead Technology Holdings was 29.60% per year. The lowest was 13.30% per year. And the median was 22.40% per year.
Back to Basics: PB Ratio
Ashtead Technology Holdings (CHIX:ATl) 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.
Ashtead Technology Holdings PB Ratio Related Terms
Ashtead Technology Holdings 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.
For the Oil & Gas Equipment & Services subindustry, Ashtead Technology Holdings'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.
Ashtead Technology Holdings PB Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Ashtead Technology Holdings's PB Ratio distribution charts can be found below:
* The bar in red indicates where Ashtead Technology Holdings'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.
Ashtead Technology Holdings (CHIX:ATL) has a PB Ratio of 2.10 as of Jul. 04, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Ashtead Technology Holdings and its competitors. This is 37% below median its historical median of 3.32. Over the past decade, Ashtead Technology Holdings' PB Ratio has ranged from 1.55 to 7.05. According to the industry distribution chart, Ashtead Technology Holdings ranks #634 out of 923 companies in the Oil & Gas industry, placing it in the top 68.7%.
Is Ashtead Technology Holdings' PB Ratio too high?
Ashtead Technology Holdings' current PB Ratio of 2.10 is 37% below median its 10-year median of 3.32. Over the past 10 years, this metric has ranged from a low of 1.55 to a high of 7.05. The Oil & Gas industry median PB Ratio is 1.38. Ashtead Technology Holdings' value of 2.10 is 52.2% above this industry median. Based on the distribution chart, Ashtead Technology Holdings ranks #634 out of 923 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Ashtead Technology Holdings has a GF Score™ of 63/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ashtead Technology Holdings' PB Ratio compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Ashtead Technology Holdings ranks #634 out of 923 companies for PB Ratio. This places Ashtead Technology Holdings in the lower half of its industry. The industry median PB Ratio is 1.38. Ashtead Technology Holdings' value of 2.10 is 52.2% above this benchmark. Historically, Ashtead Technology Holdings' own PB Ratio has ranged from 1.55 to 7.05 over the past decade. While the company's 10-year median is 3.32 vs. the industry median of 1.38, Ashtead Technology Holdings 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 an Oil & Gas company?
The median PB Ratio among Oil & Gas companies is 1.38, based on 923 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. Ashtead Technology Holdings's current PB Ratio of 2.10 is 52.2% 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 Ashtead Technology Holdings and its competitors. For the Oil & Gas industry, the median PB Ratio is 1.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ashtead Technology Holdings's current PB Ratio is 2.10, which is 37% below median its own 10-year median of 3.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ashtead Technology Holdings stock overvalued right now?
Based on GuruFocus' analysis, Ashtead Technology Holdings (CHIX:ATL) is currently considered Significantly Undervalued. The stock's GF Value™ is £8.82, compared to a current price of £4.11 — trading 53.5% below its estimated fair value. The current PB Ratio is 2.10, which is 37% below median its 10-year median of 3.32 and 52.2% above the Oil & Gas industry median of 1.38. Ashtead Technology Holdings' overall GF Score™ is 63/100 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 Ashtead Technology Holdings (CHIX:ATL), the current PB Ratio is 2.10 as of Jul. 04, 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 Ashtead Technology Holdings (CHIX:ATL) Overvalued in 2026?
Based on GuruFocus' analysis, Ashtead Technology Holdings stock appears to be undervalued.
The current stock price of £4.11 is trading 53.5% below its estimated GF Value™ of £8.82.
GuruFocus considers Ashtead Technology Holdings to be Significantly Undervalued.
Key valuation signals for CHIX:ATL:
PB Ratio: 2.10 (37% below median its 10-year median of 3.32)
GF Value™: £8.82 vs. price of £4.11 (53.5% below fair value)
Industry Position: 52.2% above the Oil & Gas median (#634 of 923)
No single metric tells the full story. See the CHIX:ATL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ashtead Technology Holdings PLC is a subsea equipment rental and solutions organization supporting the installation, inspection, maintenance, repair, and decommissioning of infrastructure across the offshore energy industry. Its service offering is applicable across the lifecycle of offshore wind farms and offshore oil and gas infrastructure. The company operates in the following four geographic regions, which have been determined as the Group's reportable segments. The operations of each geographic region are similar: Europe, which generates maximum revenue, the Americas, Asia-Pacific, and the Middle East.
63GF Score
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