Bisalloy Steel Group (ASX:BIS) Price-to-Tangible-Book : 2.53 (As of May. 14, 2024)

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What is Bisalloy Steel Group Price-to-Tangible-Book?

As of today (2024-05-14), Bisalloy Steel Group's share price is A$3.67. Bisalloy Steel Group's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was A$1.45. Hence, Bisalloy Steel Group's Price to Tangible Book Ratio of today is 2.53.

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

ASX:BIS' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.65 Med: 1.29 Max: 2.53
Current: 2.53

During the past 13 years, Bisalloy Steel Group's highest Price to Tangible Book Ratio was 2.53. The lowest was 0.65. And the median was 1.29.

ASX:BIS's Price-to-Tangible-Book is ranked worse than
79.9% of 602 companies
in the Steel industry
Industry Median: 1.03 vs ASX:BIS: 2.53

A closely related ratio is called PB Ratio. As of today, Bisalloy Steel Group's share price is A$3.67. Bisalloy Steel Group's Book Value per Sharefor the quarter that ended in Dec. 2023 was A$1.46. Hence, Bisalloy Steel Group's P/B Ratio of today is 2.52.

Bisalloy Steel Group Price-to-Tangible-Book Historical Data

The historical data trend for Bisalloy Steel Group'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.

Bisalloy Steel Group Price-to-Tangible-Book Chart

Bisalloy Steel Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Price-to-Tangible-Book

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1.44

1.10

1.24

1.33

1.25

Bisalloy Steel Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															1.52	1.33	1.65	1.25	1.57

Competitive Comparison of Bisalloy Steel Group's Price-to-Tangible-Book

For the Steel subindustry, Bisalloy Steel Group'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.

Bisalloy Steel Group's Price-to-Tangible-Book Distribution in the Steel Industry

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

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

Bisalloy Steel Group Price-to-Tangible-Book Calculation

Bisalloy Steel Group's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	3.67	/	1.45
	=	2.53

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.

Bisalloy Steel Group Price-to-Tangible-Book Related Terms

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

Bisalloy Steel Group (ASX:BIS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Bisalloy Steel Group Ltd (ASX:BIS) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

18 Resolution Drive, Unanderra, Wollongong, NSW, AUS, 2526

Website

https://www.bisalloy.com.au

Bisalloy Steel Group Ltd is engaged in the processing and sale of quenched and tempered high-tensile, and abrasion-resistant steel plates. The company is organized into geographical operating segments, being Australian Operations is engaged in the distribution of wear-grade and high tensile plates through distributors and directly to original equipment manufacturers in both Australia and Overseas. Its Overseas Operations engage in the distribution of the abrasion-resistant plate as well as other steel plate products. The Overseas Operations also focus on the marketing and distribution of quench and tempered steel plates. The majority of its revenue is derived from Australian Operations. The company's products are marketed under the BISALLOY brand name.