Grupo SimecB de CV (Grupo SimecB de CV) Price-to-Tangible-Book : 1.70 (As of Apr. 24, 2024)

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What is Grupo SimecB de CV Price-to-Tangible-Book?

As of today (2024-04-24), Grupo SimecB de CV's share price is $31.0001. Grupo SimecB de CV's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $18.28. Hence, Grupo SimecB de CV's Price to Tangible Book Ratio of today is 1.70.

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

SIM' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.78 Med: 1.12 Max: 2.28
Current: 1.76

During the past 13 years, Grupo SimecB de CV's highest Price to Tangible Book Ratio was 2.28. The lowest was 0.78. And the median was 1.12.

SIM's Price-to-Tangible-Book is ranked worse than
68.05% of 604 companies
in the Steel industry
Industry Median: 1.04 vs SIM: 1.76

A closely related ratio is called PB Ratio. As of today, Grupo SimecB de CV's share price is $31.0001. Grupo SimecB de CV's Book Value per Sharefor the quarter that ended in Dec. 2023 was $19.17. Hence, Grupo SimecB de CV's P/B Ratio of today is 1.62.

Grupo SimecB de CV Price-to-Tangible-Book Historical Data

The historical data trend for Grupo SimecB de CV'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.

Grupo SimecB de CV Price-to-Tangible-Book Chart

Grupo SimecB de CV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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0.98

1.28

2.17

2.22

1.70

Grupo SimecB de CV 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	Get a 7-Day Free Trial															2.22	2.09	1.99	1.80	1.70

Competitive Comparison of Grupo SimecB de CV's Price-to-Tangible-Book

For the Steel subindustry, Grupo SimecB de CV'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.

Grupo SimecB de CV's Price-to-Tangible-Book Distribution in the Steel Industry

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

* The bar in red indicates where Grupo SimecB de CV's Price-to-Tangible-Book falls into.

Grupo SimecB de CV Price-to-Tangible-Book Calculation

Grupo SimecB de CV's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	31.0001	/	18.282
	=	1.70

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.

Grupo SimecB de CV Price-to-Tangible-Book Related Terms

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Grupo SimecB de CV (Grupo SimecB de CV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Grupo Simec SAB de CV (AMEX:SIM) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

SIMECB:Mexico 4FV:Germany

Address

Calzada Lazaro Cardenas 601, Colonia La Nogalera, Guadalajara, JAL, MEX, 44440

Website

https://www.gsimec.com.mx

Grupo Simec SAB de CV is a diversified manufacturer, processor, and distributor of special bar quality, or SBQ, steel, and structural steel products. The United States, Brazil, and Mexico are the biggest markets for the company. The company's SBQ products are used across a broad range of engineered end-user applications, including axles, hubs, and crankshafts for automobiles and light trucks, machine tools, and off-highway equipment. The company's structural steel products are mainly used in the non-residential construction market and other construction applications.