Kaiser Aluminum (FRA:KLU1) Price-to-Tangible-Book

: 2.51 (As of Today)

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As of today (2024-04-24), Kaiser Aluminum's share price is €84.00. Kaiser Aluminum's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was €33.40. Hence, Kaiser Aluminum's Price to Tangible Book Ratio of today is 2.51.

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

FRA:KLU1' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.33 Med: 2.18 Max: 2.57
Current: 2.46

During the past 13 years, Kaiser Aluminum's highest Price to Tangible Book Ratio was 2.57. The lowest was 1.33. And the median was 2.18.

FRA:KLU1's Price-to-Tangible-Book is ranked worse than
71.74% of 2240 companies
in the Metals & Mining industry
Industry Median: 1.32 vs FRA:KLU1: 2.46

A closely related ratio is called PB Ratio. As of today, Kaiser Aluminum's share price is €84.00. Kaiser Aluminum's Book Value per Sharefor the quarter that ended in Dec. 2023 was €37.34. Hence, Kaiser Aluminum's P/B Ratio of today is 2.25.

Kaiser Aluminum Price-to-Tangible-Book Historical Data

The historical data trend for Kaiser Aluminum'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.

Kaiser Aluminum Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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2.57

2.17

2.56

2.17

1.98

Kaiser Aluminum 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															2.17	2.02	2.04	2.07	1.98

Competitive Comparison

For the Aluminum subindustry, Kaiser Aluminum'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.

Kaiser Aluminum Price-to-Tangible-Book Distribution

For the Metals & Mining industry and Basic Materials sector, Kaiser Aluminum's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Kaiser Aluminum's Price-to-Tangible-Book falls into.

Kaiser Aluminum Price-to-Tangible-Book Calculation

Kaiser Aluminum's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	84.00	/	33.403
	=	2.51

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.

Kaiser Aluminum Price-to-Tangible-Book Related Terms

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

Kaiser Aluminum (FRA:KLU1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Kaiser Aluminum Corp (FRA:KLU1) » Definitions » Price-to-Tangible-Book

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Traded in Other Exchanges

KALU:USA

Address

1550 West McEwen Drive, Suite 500, Franklin, TN, USA, 37067

Website

https://www.kaiseraluminum.com

Kaiser Aluminum Corp produces and sells semi-fabricated specialty aluminum products primarily to industrial customers. The company purchases primary and scrap aluminum, primarily from its five largest suppliers, and processes it into specialized value-added products. It hedges its aluminum costs in an attempt to match commodity price changes between the time it purchases the raw materials and sells the finished products. Kaiser produces high-strength aluminum products for the aerospace industry, specialized aluminum extrusions for the automotive industry, and also sells products to customers in the general engineering industry. Nearly all of Kaiser's revenue is generated in the US, with the remainder coming from Canada. The company's operations are also located in the U.S. and Canada.

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