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ATH:ANDRO'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.65 Med: 0.77 Max: 3.08
Current: 0.91
During the past 13 years, Alpha Trust Andromeda Investment Trust's highest Price to Tangible Book Ratio was 3.08. The lowest was 0.65. And the median was 0.77.
ATH:ANDRO's Price-to-Tangible-Book is ranked better than 55.94% of 1523
companies
in the Asset Management industry
Industry Median: 0.93
vs ATH:ANDRO: 0.91
Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.
Alpha Trust Andromeda Investment Trust Price-to-Tangible-Book Related Terms
Alpha Trust Andromeda Investment Trust Price-to-Tangible-Book 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:ANDRO vs BLK, BX, KKR: Price-to-Tangible-Book Comparison
For the Asset Management subindustry, Alpha Trust Andromeda Investment Trust's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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 Trust Andromeda Investment Trust Price-to-Tangible-Book vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Alpha Trust Andromeda Investment Trust's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Alpha Trust Andromeda Investment Trust's Price-to-Tangible-Book falls into.
* 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 PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.
Alpha Trust Andromeda Investment Trust (ATH:ANDRO) has a Price-to-Tangible-Book of 0.91 as of Sep. 12, 2026. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on Alpha Trust Andromeda Investment Trust and its competitors. According to the industry distribution chart, Alpha Trust Andromeda Investment Trust ranks #671 out of 1523 companies in the Asset Management industry, placing it in the top 44.1%.
Is Alpha Trust Andromeda Investment Trust's Price-to-Tangible-Book too high?
Alpha Trust Andromeda Investment Trust's current Price-to-Tangible-Book is 0.91. The Asset Management industry median Price-to-Tangible-Book is 0.93. Alpha Trust Andromeda Investment Trust's value of 0.91 is 2.2% below this industry median. Based on the distribution chart, Alpha Trust Andromeda Investment Trust ranks #671 out of 1523 companies in the Asset Management industry, which is above the industry midpoint. Overall, Alpha Trust Andromeda Investment Trust has a GF Score™ of 71/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Alpha Trust Andromeda Investment Trust's Price-to-Tangible-Book compare to BLK and BX?
According to the Asset Management industry distribution chart, Alpha Trust Andromeda Investment Trust ranks #671 out of 1523 companies for Price-to-Tangible-Book. This puts Alpha Trust Andromeda Investment Trust in the upper half of its industry. The industry median Price-to-Tangible-Book is 0.93. Alpha Trust Andromeda Investment Trust's value of 0.91 is 2.2% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Price-to-Tangible-Book for an Asset Management company?
The median Price-to-Tangible-Book among Asset Management companies is 0.93, based on 1,523 companies in the industry. Companies in the top quartile (top 25%) have a Price-to-Tangible-Book significantly above this median, while those in the bottom quartile fall well below. However, Price-to-Tangible-Book should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Alpha Trust Andromeda Investment Trust's current Price-to-Tangible-Book of 0.91 is 2.2% 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 Price-to-Tangible-Book mean?
A high Price-to-Tangible-Book can signal that a stock is expensive relative to its fundamentals. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on Alpha Trust Andromeda Investment Trust and its competitors. For the Asset Management industry, the median Price-to-Tangible-Book is 0.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alpha Trust Andromeda Investment Trust's current Price-to-Tangible-Book is 0.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alpha Trust Andromeda Investment Trust stock overvalued right now?
Based on GuruFocus' analysis, Alpha Trust Andromeda Investment Trust (ATH:ANDRO) is currently considered Modestly Overvalued. The stock's GF Value™ is €7.39, compared to a current price of €8.96 — trading 21.2% above its estimated fair value. The current Price-to-Tangible-Book is 0.91 and 2.2% below the Asset Management industry median of 0.93. Alpha Trust Andromeda Investment Trust's overall GF Score™ is 71/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Price-to-Tangible-Book calculated?
Price-to-Tangible-Book is calculated from a company's financial statements. For Alpha Trust Andromeda Investment Trust (ATH:ANDRO), the current Price-to-Tangible-Book is 0.91 as of Sep. 12, 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 Trust Andromeda Investment Trust (ATH:ANDRO) Overvalued in 2026?
Based on GuruFocus' analysis, Alpha Trust Andromeda Investment Trust stock appears to be overvalued.
The current stock price of €8.96 is trading 21.2% above its estimated GF Value™ of €7.39.
GuruFocus considers Alpha Trust Andromeda Investment Trust to be Modestly Overvalued.
Key valuation signals for ATH:ANDRO:
Price-to-Tangible-Book: 0.91
GF Value™: €7.39 vs. price of €8.96 (21.2% above fair value)
Industry Position: 2.2% below the Asset Management median (#671 of 1523)
No single metric tells the full story. See the ATH:ANDRO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Alpha Trust Andromeda Investment Trust SA is a portfolio investment trust based in Greece. It engages in the management of financial assets. The investment portfolio includes listed domestic stock, Greek government bonds, corporate bonds, bonds, and derivatives.
71GF Score
Get the complete analysis for ATH:ANDRO
Price-to-Tangible-Book is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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