As of today (2024-04-24), Ampco-Pittsburgh's share price is $2.13. Ampco-Pittsburgh's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $2.84. Hence, Ampco-Pittsburgh's Price to Tangible Book Ratio of today is 0.75.
The historical rank and industry rank for Ampco-Pittsburgh's Price-to-Tangible-Book or its related term are showing as below:
AP'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.49 Med: 0.97 Max: 1.51
Current: 0.75
During the past 13 years, Ampco-Pittsburgh's highest Price to Tangible Book Ratio was 1.51. The lowest was 0.49. And the median was 0.97.
AP's Price-to-Tangible-Book is ranked better than 87.28% of 2822
companies
in the Industrial Products industry
Industry Median: 2.07
vs AP: 0.75
A closely related ratio is called PB Ratio. As of today, Ampco-Pittsburgh's share price is $2.13. Ampco-Pittsburgh's Book Value per Sharefor the quarter that ended in Dec. 2023 was $3.09. Hence, Ampco-Pittsburgh's P/B Ratio of today is 0.69.
Ampco-Pittsburgh Price-to-Tangible-Book Historical Data
The historical data trend for Ampco-Pittsburgh'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.
For the Metal Fabrication subindustry, Ampco-Pittsburgh'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.
Ampco-Pittsburgh Price-to-Tangible-Book Distribution
For the Industrial Products industry and Industrials sector, Ampco-Pittsburgh's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Ampco-Pittsburgh's Price-to-Tangible-Book falls into.
* 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.
It can also be calculated from the numbers for the whole company:
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.
Ampco-Pittsburgh Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Ampco-Pittsburgh's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Ampco-Pittsburgh (Ampco-Pittsburgh) Business Description
Ampco-Pittsburgh Corp is a U,S.-based company manufacturing and selling engineered, specialty metal products and customized equipment. It operates in two business segments namely the Forged and Cast Engineered Products segment and the Air and Liquid Processing segment. The Forged and Cast Engineered Products segment produces forged hardened steel rolls, cast rolls, and open-die forged products. Forged hardened steel rolls are used in cold rolling mills by producers of steel, aluminum, and other metals whereas, the Air and Liquid Processing segment includes Aerofin, Buffalo Air Handling, and Buffalo Pumps. The company generates a majority of its revenue from the Forged and Cast Engineered Products segment. It has a business presence in the U,S and other countries.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
AP has been successfully added to your 