ANGGF (Angang Steel Co) Cyclically Adjusted PB Ratio: 0.24 (As of Jul. 26, 2026) — 54% Below Median

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ANGGF Angang Steel Co Ltd ANGGF
33 GF Score
Price $0.15
GF Value $0.16
! 5 Warning Signs
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What is Angang Steel Co Cyclically Adjusted PB Ratio?

Angang Steel Co ANGGF 33 Cyclically Adjusted PB Ratio is 0.24 as of Jul. 26, 2026, which is 54% below its 10-year median of 0.52. GuruFocus rates ANGGF with a GF Score™ of 33/100 and a GF Value™ of $0.16. The stock has 5 warning signs investors should review. Among 514 Steel companies, Angang Steel Co ranks better than 82.49% on this metric.

As of today (2026-07-26), Angang Steel Co's current share price is $0.1485. Angang Steel Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $0.62. Angang Steel Co's Cyclically Adjusted PB Ratio for today is 0.24.

The historical rank and industry rank for Angang Steel Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

ANGGF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.31   Med: 0.52   Max: 1.12
Current: 0.34

During the past years, Angang Steel Co's highest Cyclically Adjusted PB Ratio was 1.12. The lowest was 0.31. And the median was 0.52.

ANGGF's Cyclically Adjusted PB Ratio is ranked better than
82.49% of 514 companies
in the Steel industry
Industry Median: 0.94 vs ANGGF: 0.34

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Angang Steel Co's adjusted book value per share data for the three months ended in Mar. 2026 was $0.657. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is $0.62 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Angang Steel Co  (OTCPK:ANGGF) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Angang Steel Co Cyclically Adjusted PB Ratio Related Terms


Angang Steel Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Angang Steel Co's Cyclically Adjusted 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.

Angang Steel Co Cyclically Adjusted PB Ratio Chart

Angang Steel Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.65 0.45 0.42 0.41 0.44

Angang Steel Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted 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 0.41 0.40 0.46 0.44 0.41

ANGGF vs NUE, STLD, RS: Cyclically Adjusted PB Ratio Comparison

For the Steel subindustry, Angang Steel Co's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted 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.


Angang Steel Co Cyclically Adjusted PB Ratio vs Steel Industry

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

* The bar in red indicates where Angang Steel Co's Cyclically Adjusted PB Ratio falls into.


ANGGF
33GF Score
Angang Steel Co Ltd ANGGF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Angang Steel Co Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Angang Steel Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.1485/0.62
=0.24

* 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.

Angang Steel Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Angang Steel Co's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.657/116.3033*116.3033
=0.657

Current CPI (Mar. 2026) = 116.3033.

Angang Steel Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.703 101.400 0.806
201609 0.705 102.400 0.801
201612 0.690 102.600 0.782
201703 0.709 103.200 0.799
201706 0.722 103.100 0.814
201709 0.772 104.100 0.862
201712 0.843 104.500 0.938
201803 0.868 105.300 0.959
201806 0.849 104.900 0.941
201809 0.789 106.600 0.861
201812 0.803 106.500 0.877
201903 0.830 107.700 0.896
201906 0.798 107.700 0.862
201909 0.778 109.800 0.824
201912 0.789 111.200 0.825
202003 0.794 112.300 0.822
202006 0.782 110.400 0.824
202009 0.826 111.700 0.860
202012 0.868 111.500 0.905
202103 0.897 112.662 0.926
202106 0.957 111.769 0.996
202109 0.991 112.215 1.027
202112 1.013 113.108 1.042
202203 1.024 114.335 1.042
202206 0.949 114.558 0.963
202209 0.882 115.339 0.889
202212 0.885 115.116 0.894
202303 0.896 115.116 0.905
202306 0.844 114.558 0.857
202309 0.817 115.339 0.824
202312 0.817 114.781 0.828
202403 0.785 115.227 0.792
202406 0.764 114.781 0.774
202409 0.748 115.785 0.751
202412 0.698 114.893 0.707
202503 0.694 115.116 0.701
202506 0.693 114.907 0.701
202509 0.685 115.471 0.690
202512 0.665 115.832 0.668
202603 0.657 116.303 0.657

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

What does a Cyclically Adjusted PB Ratio of 0.24 mean?
Angang Steel Co (ANGGF) has a Cyclically Adjusted PB Ratio of 0.24 as of Jul. 26, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Angang Steel Co and its competitors. This is 54% below median its historical median of 0.52. Over the past decade, Angang Steel Co's Cyclically Adjusted PB Ratio has ranged from 0.31 to 1.12. According to the industry distribution chart, Angang Steel Co ranks #90 out of 514 companies in the Steel industry, placing it in the top 17.5%.
Is Angang Steel Co's Cyclically Adjusted PB Ratio too high?
Angang Steel Co's current Cyclically Adjusted PB Ratio of 0.24 is 54% below median its 10-year median of 0.52. Over the past 10 years, this metric has ranged from a low of 0.31 to a high of 1.12. The Steel industry median Cyclically Adjusted PB Ratio is 0.94. Angang Steel Co's value of 0.24 is 74.5% below this industry median. Based on the distribution chart, Angang Steel Co ranks #90 out of 514 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Angang Steel Co has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Angang Steel Co's Cyclically Adjusted PB Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Angang Steel Co ranks #90 out of 514 companies for Cyclically Adjusted PB Ratio. This places Angang Steel Co in the top 18% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 0.94. Angang Steel Co's value of 0.24 is 74.5% below this benchmark. Historically, Angang Steel Co's own Cyclically Adjusted PB Ratio has ranged from 0.31 to 1.12 over the past decade. While the company's 10-year median is 0.52 vs. the industry median of 0.94, Angang Steel Co has consistently been below 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 Cyclically Adjusted PB Ratio for a Steel company?
The median Cyclically Adjusted PB Ratio among Steel companies is 0.94, based on 514 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Angang Steel Co's current Cyclically Adjusted PB Ratio of 0.24 is 74.5% 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 Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Angang Steel Co and its competitors. For the Steel industry, the median Cyclically Adjusted PB Ratio is 0.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Angang Steel Co's current Cyclically Adjusted PB Ratio is 0.24, which is 54% below median its own 10-year median of 0.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Angang Steel Co stock overvalued right now?
Angang Steel Co (ANGGF) has a current Cyclically Adjusted PB Ratio of 0.24. The stock's GF Value™ is $0.16, compared to a current price of $0.15 — trading 7.2% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.24, which is 54% below median its 10-year median of 0.52 and 74.5% below the Steel industry median of 0.94. Angang Steel Co's overall GF Score™ is 33/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Angang Steel Co (ANGGF), the current Cyclically Adjusted PB Ratio is 0.24 as of Jul. 26, 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 Angang Steel Co (ANGGF) Overvalued in 2026?

Based on GuruFocus' analysis, Angang Steel Co stock appears to be undervalued. The current stock price of $0.15 is trading 7.2% below its estimated GF Value™ of $0.16.

Key valuation signals for ANGGF:

  • Cyclically Adjusted PB Ratio: 0.24 (54% below median its 10-year median of 0.52)
  • GF Value™: $0.16 vs. price of $0.15 (7.2% below fair value)
  • GF Score™: 33/100 with 5 warning signs
  • Industry Position: 74.5% below the Steel median (#90 of 514)

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


Angang Steel Co Business Description

Address Production Area of Angang Steel, Tie Xi District, Liaoning Province, Anshan, CHN, 114021
Angang Steel Co Ltd is engaged in the iron and steel manufacturing industry, and at the same time focuses on developing emerging industries related to its core iron and steel business, including steel processing and distribution, the chemical industry, green energy, and resource recycling and utilization. The company is classified into the following operating segments based on the type of business: production and sale of steel products. Its products have diversified structures and include hot rolled sheets, medium and thick plates, cold rolled sheets, color coating plates, heavy rails, seamless steel pipes and wire rods, and other products. Geographically, the company derives a majority of its revenue from China, and also exports its products to other regions.
33GF Score

Get the complete analysis for ANGGF

Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.15
Price
$0.16
GF Value