Alerion CleanPower SPAMIL:ARN +1.16%65 PB Ratio is 2.74 as of Jul. 03, 2026, which is 13% above its 10-year median of 2.43. GuruFocus rates MIL:ARN with a GF Score™ of 65/100 and a GF Value™ of €12.84 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 431 Utilities - Independent Power Producers companies, Alerion CleanPower SPA ranks worse than 74.25% on this metric.
During the past 12 months, Alerion CleanPower SPA's average Book Value Per Share Growth Rate was 16.10% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 12.80% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 16.40% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 13.80% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Alerion CleanPower SPA was 20.90% per year. The lowest was -9.40% per year. And the median was 2.10% per year.
Back to Basics: PB Ratio
Alerion CleanPower SPA (MIL:ARN) 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.
* 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.
Alerion CleanPower SPA PB Ratio Competitor Comparison
For the Utilities - Renewable subindustry, Alerion CleanPower SPA'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.
Alerion CleanPower SPA PB Ratio vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Alerion CleanPower SPA's PB Ratio distribution charts can be found below:
* The bar in red indicates where Alerion CleanPower SPA'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.
Alerion CleanPower SPA (MIL:ARN) has a PB Ratio of 2.74 as of Jul. 03, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Alerion CleanPower SPA and its competitors. This is 13% above median its historical median of 2.43. Over the past decade, Alerion CleanPower SPA's PB Ratio has ranged from 0.64 to 10.36. According to the industry distribution chart, Alerion CleanPower SPA ranks #320 out of 431 companies in the Utilities - Independent Power Producers industry, placing it in the top 74.2%.
Is Alerion CleanPower SPA's PB Ratio too high?
Alerion CleanPower SPA's current PB Ratio of 2.74 is 13% above median its 10-year median of 2.43. Over the past 10 years, this metric has ranged from a low of 0.64 to a high of 10.36. The Utilities - Independent Power Producers industry median PB Ratio is 1.32. Alerion CleanPower SPA's value of 2.74 is 107.6% above this industry median. Based on the distribution chart, Alerion CleanPower SPA ranks #320 out of 431 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, Alerion CleanPower SPA has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Alerion CleanPower SPA's PB Ratio compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Alerion CleanPower SPA ranks #320 out of 431 companies for PB Ratio. This places Alerion CleanPower SPA in the lower half of its industry. The industry median PB Ratio is 1.32. Alerion CleanPower SPA's value of 2.74 is 107.6% above this benchmark. Historically, Alerion CleanPower SPA's own PB Ratio has ranged from 0.64 to 10.36 over the past decade. While the company's 10-year median is 2.43 vs. the industry median of 1.32, Alerion CleanPower SPA 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 Utilities - Independent Power Producers company?
The median PB Ratio among Utilities - Independent Power Producers companies is 1.32, based on 431 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. Alerion CleanPower SPA's current PB Ratio of 2.74 is 107.6% 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 Alerion CleanPower SPA and its competitors. For the Utilities - Independent Power Producers industry, the median PB Ratio is 1.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alerion CleanPower SPA's current PB Ratio is 2.74, which is 13% above median its own 10-year median of 2.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alerion CleanPower SPA stock overvalued right now?
Based on GuruFocus' analysis, Alerion CleanPower SPA (MIL:ARN) is currently considered Significantly Overvalued. The stock's GF Value™ is €12.84, compared to a current price of €21.75 — trading 69.4% above its estimated fair value. The current PB Ratio is 2.74, which is 13% above median its 10-year median of 2.43 and 107.6% above the Utilities - Independent Power Producers industry median of 1.32. Alerion CleanPower SPA's overall GF Score™ is 65/100 with 4 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 Alerion CleanPower SPA (MIL:ARN), the current PB Ratio is 2.74 as of Jul. 03, 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 Alerion CleanPower SPA (MIL:ARN) Overvalued in 2026?
Based on GuruFocus' analysis, Alerion CleanPower SPA stock appears to be overvalued.
The current stock price of €21.75 is trading 69.4% above its estimated GF Value™ of €12.84.
GuruFocus considers Alerion CleanPower SPA to be Significantly Overvalued.
Key valuation signals for MIL:ARN:
PB Ratio: 2.74 (13% above median its 10-year median of 2.43)
GF Value™: €12.84 vs. price of €21.75 (69.4% above fair value)
Industry Position: 107.6% above the Utilities - Independent Power Producers median (#320 of 431)
No single metric tells the full story. See the MIL:ARN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Alerion CleanPower SPA operates in the renewable energy sector, managing wind and solar power plants across Italy, Romania, Spain, and Bulgaria. Its activities include the generation of electricity from renewable sources. The company focused on wind and solar power generation and energy storage.
65GF Score
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