STLD (Steel Dynamics) Book Value per Share: $63.45 (As of Mar. 2026)

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STLD Steel Dynamics Inc STLD
88 GF Score
Price $233.52
GF Value $158.87
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Steel Dynamics Book Value per Share?

Steel Dynamics STLD +1.43% 88 Book Value per Share is $63.45 as of Mar. 2026. GuruFocus rates STLD with a GF Score™ of 88/100 and a GF Value™ of $158.87 (Significantly Overvalued). The stock has 4 warning signs investors should review.

Steel Dynamics's book value per share for the quarter that ended in Mar. 2026 was $63.45.

During the past 12 months, Steel Dynamics's average Book Value Per Share Growth Rate was 7.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 9.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 23.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 21.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Steel Dynamics was 75.70% per year. The lowest was 0.20% per year. And the median was 13.30% per year.

Steel Dynamics's current price is $233.52. Its book value per share for the quarter that ended in Mar. 2026 was $63.45. Hence, today's PB Ratio of Steel Dynamics is 3.68.

During the past 13 years, the highest P/B Ratio of Steel Dynamics was 4.46. The lowest was 0.99. And the median was 2.21.


Steel Dynamics  (NAS:STLD) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Steel Dynamics Book Value per Share Related Terms


Steel Dynamics Book Value per Share Historical Data

* Premium members only.

The historical data trend for Steel Dynamics's Book Value per Share 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.

Steel Dynamics Book Value per Share Chart

Steel Dynamics Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 32.33 47.01 55.41 59.12 61.80

Steel Dynamics Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Book Value per Share 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 59.08 59.98 61.55 61.80 63.45

STLD vs RS, NUE, TX: Book Value per Share Comparison

For the Steel subindustry, Steel Dynamics'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.


Steel Dynamics PB Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Steel Dynamics's PB Ratio distribution charts can be found below:

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


STLD
88GF Score
Steel Dynamics Inc STLD
Book Value per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Steel Dynamics Book Value per Share Calculation

Steel Dynamics's Book Value Per Share for the fiscal year that ended in Dec. 2025 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(8,957-0)/145
=61.80

Steel Dynamics's Book Value Per Share for the quarter that ended in Mar. 2026 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(9,165-0)/144
=63.45

* 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.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.

Frequently Asked Questions Learn more about Book Value per Share →
What does a Book Value per Share of $63.45 mean?
Steel Dynamics (STLD) has a Book Value per Share of $63.45 as of Mar. 2026. Book value per share gives the per-share value of a company's stockholder equity. View historical data on Steel Dynamics and its competitors.
Is Steel Dynamics' Book Value per Share too high?
Steel Dynamics' current Book Value per Share is $63.45. Overall, Steel Dynamics has a GF Score™ of 88/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Steel Dynamics' Book Value per Share compare to RS and NUE?
Steel Dynamics' Book Value per Share of $63.45 can be compared against companies in the Steel industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Book Value per Share for a Steel company?
A good Book Value per Share depends on the Steel industry context. However, Book Value per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Book Value per Share mean?
A high Book Value per Share can signal that a stock is expensive relative to its fundamentals. Book value per share gives the per-share value of a company's stockholder equity. View historical data on Steel Dynamics and its competitors. Steel Dynamics's current Book Value per Share is $63.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Steel Dynamics stock overvalued right now?
Based on GuruFocus' analysis, Steel Dynamics (STLD) is currently considered Significantly Overvalued. The stock's GF Value™ is $158.87, compared to a current price of $233.52 — trading 47% above its estimated fair value. The current Book Value per Share is $63.45. Steel Dynamics' overall GF Score™ is 88/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Book Value per Share calculated?
Book Value per Share is calculated from a company's financial statements. For Steel Dynamics (STLD), the current Book Value per Share is $63.45 as of Mar. 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 Steel Dynamics (STLD) Overvalued in 2026?

Based on GuruFocus' analysis, Steel Dynamics stock appears to be overvalued. The current stock price of $233.52 is trading 47% above its estimated GF Value™ of $158.87. GuruFocus considers Steel Dynamics to be Significantly Overvalued.

Key valuation signals for STLD:

  • Book Value per Share: $63.45
  • GF Value™: $158.87 vs. price of $233.52 (47% above fair value)
  • GF Score™: 88/100 with 4 warning signs

No single metric tells the full story. See the STLD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Steel Dynamics Business Description

Address 7575 West Jefferson Boulevard, Fort Wayne, IN, USA, 46804
Steel Dynamics Inc operates as a domestic steel producer and metal recycler in the United States. The company's product portfolio comprises hot rolled sheet, hot rolled plate, painted sheet products, cold rolled sheet, and others. Its reportable segments are steel operations, metals recycling operations, steel fabrication operations, and aluminum operations. Maximum revenue is generated from its steel operations segment, which consists of manufacturing various steel products and numerous coating operations. Its primary sources of revenue are currently from the manufacture and sale of steel products, the processing and sale of recycled ferrous and nonferrous metals, and the fabrication and sale of steel joists and deck products.
88GF Score

Get the complete analysis for STLD

Book Value per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$233.52
Price
$158.87
GF Value