Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Atlas Copco ABATLPF 93 Price-to-Tangible-Book is 37.92 as of Aug. 23, 2026, which is 32% above its 10-year median of 28.72. GuruFocus rates ATLPF with a GF Score™ of 93/100 and a GF Value™ of $17.79 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 2,890 Industrial Products companies, Atlas Copco AB ranks worse than 98.17% on this metric.
The historical rank and industry rank for Atlas Copco AB's Price-to-Tangible-Book or its related term are showing as below:
ATLPF'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 8.65 Med: 28.72 Max: 105.51
Current: 37.79
During the past 13 years, Atlas Copco AB's highest Price to Tangible Book Ratio was 105.51. The lowest was 8.65. And the median was 28.72.
ATLPF's Price-to-Tangible-Book is ranked worse than 98.17% of 2890
companies
in the Industrial Products industry
Industry Median: 2.465
vs ATLPF: 37.79
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.
Atlas Copco AB Price-to-Tangible-Book Related Terms
Atlas Copco AB Price-to-Tangible-Book Historical Data
* Premium members only.
The historical data trend for Atlas Copco AB's Price-to-Tangible-Book 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.
ATLPF vs GEV, ETN, PH: Price-to-Tangible-Book Comparison
For the Specialty Industrial Machinery subindustry, Atlas Copco AB'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.
Atlas Copco AB Price-to-Tangible-Book vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Atlas Copco AB's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Atlas Copco AB'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.
Atlas Copco AB (ATLPF) has a Price-to-Tangible-Book of 37.92 as of Aug. 23, 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 Atlas Copco AB and its competitors. This is 32% above median its historical median of 28.72. Over the past decade, Atlas Copco AB's Price-to-Tangible-Book has ranged from 8.65 to 105.51. According to the industry distribution chart, Atlas Copco AB ranks #2837 out of 2890 companies in the Industrial Products industry, placing it in the top 98.2%.
Is Atlas Copco AB's Price-to-Tangible-Book too high?
Atlas Copco AB's current Price-to-Tangible-Book of 37.92 is 32% above median its 10-year median of 28.72. Over the past 10 years, this metric has ranged from a low of 8.65 to a high of 105.51. The Industrial Products industry median Price-to-Tangible-Book is 2.47. Atlas Copco AB's value of 37.92 is 1438.3% above this industry median. Based on the distribution chart, Atlas Copco AB ranks #2837 out of 2890 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Atlas Copco AB has a GF Score™ of 93/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Atlas Copco AB's Price-to-Tangible-Book compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Atlas Copco AB ranks #2837 out of 2890 companies for Price-to-Tangible-Book. This places Atlas Copco AB in the lower half of its industry. The industry median Price-to-Tangible-Book is 2.47. Atlas Copco AB's value of 37.92 is 1438.3% above this benchmark. Historically, Atlas Copco AB's own Price-to-Tangible-Book has ranged from 8.65 to 105.51 over the past decade. While the company's 10-year median is 28.72 vs. the industry median of 2.47, Atlas Copco AB 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 Price-to-Tangible-Book for an Industrial Products company?
The median Price-to-Tangible-Book among Industrial Products companies is 2.47, based on 2,890 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. Atlas Copco AB's current Price-to-Tangible-Book of 37.92 is 1438.3% 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 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 Atlas Copco AB and its competitors. For the Industrial Products industry, the median Price-to-Tangible-Book is 2.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Atlas Copco AB's current Price-to-Tangible-Book is 37.92, which is 32% above median its own 10-year median of 28.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Atlas Copco AB stock overvalued right now?
Based on GuruFocus' analysis, Atlas Copco AB (ATLPF) is currently considered Modestly Overvalued. The stock's GF Value™ is $17.79, compared to a current price of $21.54 — trading 21.1% above its estimated fair value. The current Price-to-Tangible-Book is 37.92, which is 32% above median its 10-year median of 28.72 and 1438.3% above the Industrial Products industry median of 2.47. Atlas Copco AB's overall GF Score™ is 93/100 with 6 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 Atlas Copco AB (ATLPF), the current Price-to-Tangible-Book is 37.92 as of Aug. 23, 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 Atlas Copco AB (ATLPF) Overvalued in 2026?
Based on GuruFocus' analysis, Atlas Copco AB stock appears to be overvalued.
The current stock price of $21.54 is trading 21.1% above its estimated GF Value™ of $17.79.
GuruFocus considers Atlas Copco AB to be Modestly Overvalued.
Key valuation signals for ATLPF:
Price-to-Tangible-Book: 37.92 (32% above median its 10-year median of 28.72)
GF Value™: $17.79 vs. price of $21.54 (21.1% above fair value)
Industry Position: 1438.3% above the Industrial Products median (#2837 of 2890)
No single metric tells the full story. See the ATLPF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Atlas Copco is a 140-year-old Swedish company that pioneered air compression technology and remains a leading air compressor manufacturer. Atlas Copco is also a leading manufacturer of vacuum pump equipment, industrial power tools, and portable power and air compression equipment. The company's operations match the geographic breadth of its customers, with a presence in 180 countries. Atlas Copco's revenue is derived from three sources: initial equipment sales, spare parts, and maintenance.
93GF Score
Get the complete analysis for ATLPF
Price-to-Tangible-Book is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ATLPF has been successfully added to your 
