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ATI (ATI) PB Ratio : 4.55 (As of Apr. 25, 2024)


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What is ATI PB Ratio?

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. As of today (2024-04-25), ATI's share price is $49.22. ATI's Book Value per Share for the quarter that ended in Dec. 2023 was $10.82. Hence, ATI's PB Ratio of today is 4.55.

The historical rank and industry rank for ATI's PB Ratio or its related term are showing as below:

ATI' s PB Ratio Range Over the Past 10 Years
Min: 0.38   Med: 1.56   Max: 6.45
Current: 4.55

During the past 13 years, ATI's highest PB Ratio was 6.45. The lowest was 0.38. And the median was 1.56.

ATI's PB Ratio is ranked worse than
84.28% of 2926 companies
in the Industrial Products industry
Industry Median: 1.9 vs ATI: 4.55

During the past 12 months, ATI's average Book Value Per Share Growth Rate was 32.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 38.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -9.50% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -12.50% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of ATI was 90.00% per year. The lowest was -44.90% per year. And the median was -2.00% per year.

Back to Basics: PB Ratio


ATI PB Ratio Historical Data

The historical data trend for ATI's PB Ratio 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.

ATI PB Ratio Chart

ATI Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.25 4.08 2.96 3.66 4.20

ATI Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.66 4.63 4.76 4.24 4.20

Competitive Comparison of ATI's PB Ratio

For the Metal Fabrication subindustry, ATI'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.


ATI's PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, ATI's PB Ratio distribution charts can be found below:

* The bar in red indicates where ATI's PB Ratio falls into.



ATI PB Ratio Calculation

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.

ATI's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=49.22/10.821
=4.55

* 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.


ATI  (NYSE:ATI) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

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.


ATI PB Ratio Related Terms

Thank you for viewing the detailed overview of ATI's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


ATI (ATI) Business Description

Traded in Other Exchanges
Address
2021 McKinney Avenue, Dallas, TX, USA, 75201
ATI Inc supplies specialty metals to various end markets, including aerospace and defense, oil and gas, automotive, and electrical energy, among many others. The company's operating segment includes High-Performance Materials and Components and Advanced Alloys and Solutions. The majority of revenue is from the Advanced Alloys and Solutions segment. The AA&S segment is focused on delivering high-value flat products, Other important end markets for AA&S include automotive & electronics. AA&S produces nickel-based alloys, titanium & titanium-based alloys, & specialty alloys in a variety of forms including plate, sheet, and strip products. Geographically, it operates in the United States, China, the United Kingdom, Germany, France, Canada and Others, the majority is from the United States.
Executives
Elliot S Davis officer: Sr VP, GC, CCO and Secretary 1000 SIX PPG PLACE, PITTSBURGH PA 15222-5479
James C Diggs director 1000 SIX PPG PL, PITTSBURGH PA 15222
Timothy J Harris officer: Senior VP and CDIO C/O ALLEGHENY TECHNOLOGIES INCORPORATED, PITTSBURGH PA 15222
Ruby Sharma director 24 ARNOLD DRIVE, PRINCETON JCT. NJ 08550
Jimmy Jr. Williams officer: SVP, CTO C/O ATI INC., 2021 MCKINNEY AVE., SUITE 1100, DALLAS TX 75201
Robert S Wetherbee officer: EVP, ATI Flat-Rolled Products MINERALS TECHNOLOGIES INC, 622 THIRD AVENUE 38TH FL, NEW YORK NY 10017
Tina Killough Busch officer: SVP, CHRO C/O ATI INC., 2021 MCKINNEY AVENUE, SUITE 1100, DALLAS TX 75201
Karl D Schwartz officer: Controller & Princ. Acctg Off. 1000 SIX PPG PLACE, PITTSBURGH PA 15222-5479
Kevin B Kramer officer: Sr. VP, CCMO C/O STONERIGDGE INC., 9400 E. MARKET ST, WARREN OH 44484
Donald P Newman officer: SVP and CFO 224 S 108TH AVENUE, OMAHA NE 68154
Marianne Kah director C/O ALLEGHENY TECHNOLOGIES INCORPORATED, 1000 SIX PPG PLACE, PITTSBURGH PA 15222
Elizabeth C Powers officer: Senior VP, CHRO C/O DRESSER-RAND GROUP INC., PAUL CLARK DRIVE, OLEAN NY 14760
M Leroy Ball director 436 SEVENTH AVENUE, PITTSBURGH PA 15219
David P Hess director 390 PARK AVENUE, NEW YORK NY 10022
Kimberly A Fields officer: EVP, Flat Rolled Products C/O ALLEGHENY TECHNOLOGIES INCORPORATED, 1000 SIX PPG PLACE, PITTSBURGH PA 15217

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