The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-04-26), Kaiser Aluminum's share price is $88.49. Kaiser Aluminum's Book Value per Share for the quarter that ended in Dec. 2023 was $40.72. Hence, Kaiser Aluminum's PB Ratio of today is 2.17.
The historical rank and industry rank for Kaiser Aluminum's PB Ratio or its related term are showing as below:
KALU'
s PB Ratio Range Over the Past 10 Years
Min: 1.08 Med: 1.9 Max: 2.93
Current: 2.17
During the past 13 years, Kaiser Aluminum's highest PB Ratio was 2.93. The lowest was 1.08. And the median was 1.90.
KALU's PB Ratio is ranked worse than 65.9% of 2396
companies
in the Metals & Mining industry
Industry Median: 1.38
vs KALU: 2.17
During the past 12 months, Kaiser Aluminum's average Book Value Per Share Growth Rate was 2.80% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -4.20% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -3.10% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -3.00% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Kaiser Aluminum was 70.70% per year. The lowest was -76.30% per year. And the median was -0.50% per year.
Back to Basics: PB Ratio
Kaiser Aluminum PB Ratio Historical Data
The historical data trend for Kaiser Aluminum's PB Ratio 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.
Competitive Comparison of Kaiser Aluminum's PB Ratio
For the Aluminum subindustry, Kaiser Aluminum's PB Ratio, along with its competitors' market caps and PB Ratio 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's PB Ratio Distribution in the Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Kaiser Aluminum's PB Ratio distribution charts can be found below:
* The bar in red indicates where Kaiser Aluminum's PB Ratio falls into.
Kaiser Aluminum PB Ratio Calculation
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.
Kaiser Aluminum's PB Ratio for today is calculated as follows:
* 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 Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.
The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.
Kaiser Aluminum PB Ratio Related Terms
Thank you for viewing the detailed overview of Kaiser Aluminum's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Kaiser Aluminum (Kaiser Aluminum) Business Description
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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