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Stelco Holdings (TSX:STLC) Price-to-Tangible-Book : 1.72 (As of Apr. 26, 2024)


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What is Stelco Holdings Price-to-Tangible-Book?

As of today (2024-04-26), Stelco Holdings's share price is C$39.99. Stelco Holdings's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was C$23.27. Hence, Stelco Holdings's Price to Tangible Book Ratio of today is 1.72.

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

TSX:STLC' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.72   Med: 2.23   Max: 7.39
Current: 1.72

During the past 11 years, Stelco Holdings's highest Price to Tangible Book Ratio was 7.39. The lowest was 1.72. And the median was 2.23.

TSX:STLC's Price-to-Tangible-Book is ranked worse than
67.55% of 604 companies
in the Steel industry
Industry Median: 1.045 vs TSX:STLC: 1.72

A closely related ratio is called PB Ratio. As of today, Stelco Holdings's share price is C$39.99. Stelco Holdings's Book Value per Sharefor the quarter that ended in Dec. 2023 was C$23.51. Hence, Stelco Holdings's P/B Ratio of today is 1.70.


Stelco Holdings Price-to-Tangible-Book Historical Data

The historical data trend for Stelco Holdings'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.

Stelco Holdings Price-to-Tangible-Book Chart

Stelco Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.18 7.39 2.23 1.75 2.16

Stelco Holdings 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 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 1.75 2.12 1.64 1.38 2.16

Competitive Comparison of Stelco Holdings's Price-to-Tangible-Book

For the Steel subindustry, Stelco Holdings'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.


Stelco Holdings's Price-to-Tangible-Book Distribution in the Steel Industry

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

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



Stelco Holdings Price-to-Tangible-Book Calculation

Stelco Holdings's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=39.99/23.273
=1.72

* 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.


Stelco Holdings Price-to-Tangible-Book Related Terms

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


Stelco Holdings (TSX:STLC) Business Description

Traded in Other Exchanges
Address
386 Wilcox Street, Hamilton, ON, CAN, L8L 8K5
Stelco Holdings Inc is a steel company. It is engaged in the production and selling of steel products for customers in the steel service center, appliance, automotive, energy, construction, pipe and tube industries in North America. The company's product offering includes Stelco Hot Roll Products, Hot Roll Automotive, Stelmax 80, Stelmax 90, Stelmax 100.

Stelco Holdings (TSX:STLC) Headlines

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