ArcelorMittal (ArcelorMittal) Price-to-Tangible-Book

: 0.45 (As of Today)

View and export this data going back to 2008. Start your Free Trial

As of today (2024-04-16), ArcelorMittal's share price is $26.89. ArcelorMittal's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $59.64. Hence, ArcelorMittal's Price to Tangible Book Ratio of today is 0.45.

The historical rank and industry rank for ArcelorMittal's Price-to-Tangible-Book or its related term are showing as below:

AMSYF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.36 Med: 0.57 Max: 0.99
Current: 0.47

During the past 13 years, ArcelorMittal's highest Price to Tangible Book Ratio was 0.99. The lowest was 0.36. And the median was 0.57.

AMSYF's Price-to-Tangible-Book is ranked better than
82.28% of 604 companies
in the Steel industry
Industry Median: 1.04 vs AMSYF: 0.47

A closely related ratio is called PB Ratio. As of today, ArcelorMittal's share price is $26.89. ArcelorMittal's Book Value per Sharefor the quarter that ended in Dec. 2023 was $65.87. Hence, ArcelorMittal's P/B Ratio of today is 0.41.

ArcelorMittal Price-to-Tangible-Book Historical Data

The historical data trend for ArcelorMittal'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.

* Premium members only.

ArcelorMittal Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

0.54

0.71

0.63

0.43

0.48

ArcelorMittal Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book																0.43	0.47	0.43	0.43	0.48

Competitive Comparison

For the Steel subindustry, ArcelorMittal'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.

ArcelorMittal Price-to-Tangible-Book Distribution

For the Steel industry and Basic Materials sector, ArcelorMittal's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where ArcelorMittal's Price-to-Tangible-Book falls into.

ArcelorMittal Price-to-Tangible-Book Calculation

ArcelorMittal's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	26.89	/	59.637
	=	0.45

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

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.

Be Aware

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.

ArcelorMittal Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of ArcelorMittal's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

ArcelorMittal (ArcelorMittal) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » ArcelorMittal SA (OTCPK:AMSYF) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

MT:USA MT:Netherlands MT:Mexico MTa:UK 0RP9:UK MTS:Spain ARRD:Germany ARMT34:Brazil MT:Austria

Address

24-26, Boulevard d’Avranches, Luxembourg, LUX, L-1160

Website

http://www.arcelormittal.com

ArcelorMittal SA is involved in the steel industry. The company's operating segments include NAFTA; Brazil; Europe; ACIS; Mining and others. It generates maximum revenue from the Europe segment. Europe segment produces hot-rolled coil, cold-rolled coil, coated products, tinplate, plate, and slab. These products are sold primarily to customers in the automotive, general, and packaging sectors as well as also produce long products consisting of sections, wire rods, rebar, billets, blooms and wire drawing, and tubular products. Geographically, it derives a majority of its revenue from Brazil.