Angang Steel CoANGGF 33 PB Ratio is 0.23 as of Jul. 02, 2026, which is 58% below its 10-year median of 0.55. GuruFocus rates ANGGF with a GF Score™ of 33/100 and a GF Value™ of $0.23 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 609 Steel companies, Angang Steel Co ranks better than 80.13% on this metric.
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 (2026-07-02), Angang Steel Co's share price is $0.1485. Angang Steel Co's Book Value per Share for the quarter that ended in Mar. 2026 was $0.66. Hence, Angang Steel Co's PB Ratio of today is 0.23.
Good Sign:
Angang Steel Co Ltd stock PB Ratio (=0.41) is close to 1-year low of 0.41.
The historical rank and industry rank for Angang Steel Co's PB Ratio or its related term are showing as below:
ANGGF'
s PB Ratio Range Over the Past 10 Years
Min: 0.33 Med: 0.55 Max: 1.23
Current: 0.41
During the past 13 years, Angang Steel Co's highest PB Ratio was 1.23. The lowest was 0.33. And the median was 0.55.
ANGGF's PB Ratio is ranked better than 80.13% of 609
companies
in the Steel industry
Industry Median: 0.96
vs ANGGF: 0.41
During the past 12 months, Angang Steel Co's average Book Value Per Share Growth Rate was -10.00% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -8.80% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -4.80% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 0.80% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Angang Steel Co was 53.00% per year. The lowest was -8.80% per year. And the median was 5.30% per year.
Back to Basics: PB Ratio
Angang Steel Co (OTCPK:ANGGF) PB Ratio Explanation
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.
Angang Steel Co PB Ratio Related Terms
Angang Steel Co PB Ratio Historical Data
* Premium members only.
The historical data trend for Angang Steel Co'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.
For the Steel subindustry, Angang Steel Co'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.
Angang Steel Co PB Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, Angang Steel Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Angang Steel Co's PB Ratio falls into.
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.
Angang Steel Co'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.
Angang Steel Co (ANGGF) has a PB Ratio of 0.23 as of Jul. 02, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Angang Steel Co and its competitors. This is 58% below median its historical median of 0.55. Over the past decade, Angang Steel Co's PB Ratio has ranged from 0.33 to 1.23. According to the industry distribution chart, Angang Steel Co ranks #121 out of 609 companies in the Steel industry, placing it in the top 19.9%.
Is Angang Steel Co's PB Ratio too high?
Angang Steel Co's current PB Ratio of 0.23 is 58% below median its 10-year median of 0.55. Over the past 10 years, this metric has ranged from a low of 0.33 to a high of 1.23. The Steel industry median PB Ratio is 0.96. Angang Steel Co's value of 0.23 is 76% below this industry median. Based on the distribution chart, Angang Steel Co ranks #121 out of 609 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Angang Steel Co has a GF Score™ of 33/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Angang Steel Co's PB Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Angang Steel Co ranks #121 out of 609 companies for PB Ratio. This places Angang Steel Co in the top 20% of its industry — outperforming the majority of peers. The industry median PB Ratio is 0.96. Angang Steel Co's value of 0.23 is 76% below this benchmark. Historically, Angang Steel Co's own PB Ratio has ranged from 0.33 to 1.23 over the past decade. While the company's 10-year median is 0.55 vs. the industry median of 0.96, Angang Steel Co has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PB Ratio for a Steel company?
The median PB Ratio among Steel companies is 0.96, based on 609 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Angang Steel Co's current PB Ratio of 0.23 is 76% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Angang Steel Co and its competitors. For the Steel industry, the median PB Ratio is 0.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Angang Steel Co's current PB Ratio is 0.23, which is 58% below median its own 10-year median of 0.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Angang Steel Co stock overvalued right now?
Based on GuruFocus' analysis, Angang Steel Co (ANGGF) is currently considered Possible Value Trap. The stock's GF Value™ is $0.23, compared to a current price of $0.15 — trading 35.4% below its estimated fair value. The current PB Ratio is 0.23, which is 58% below median its 10-year median of 0.55 and 76% below the Steel industry median of 0.96. Angang Steel Co's overall GF Score™ is 33/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Angang Steel Co (ANGGF), the current PB Ratio is 0.23 as of Jul. 02, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Angang Steel Co (ANGGF) Overvalued in 2026?
Based on GuruFocus' analysis, Angang Steel Co stock appears to be undervalued.
The current stock price of $0.15 is trading 35.4% below its estimated GF Value™ of $0.23.
GuruFocus considers Angang Steel Co to be Possible Value Trap.
Key valuation signals for ANGGF:
PB Ratio: 0.23 (58% below median its 10-year median of 0.55)
GF Value™: $0.23 vs. price of $0.15 (35.4% below fair value)
Industry Position: 76% below the Steel median (#121 of 609)
No single metric tells the full story. See the ANGGF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Angang Steel Co Ltd is engaged in the iron and steel manufacturing industry, and at the same time focuses on developing emerging industries related to its core iron and steel business, including steel processing and distribution, the chemical industry, green energy, and resource recycling and utilization. The company is classified into the following operating segments based on the type of business: production and sale of steel products. Its products have diversified structures and include hot rolled sheets, medium and thick plates, cold rolled sheets, color coating plates, heavy rails, seamless steel pipes and wire rods, and other products. Geographically, the company derives a majority of its revenue from China, and also exports its products to other regions.
33GF Score
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