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Metalurgica GerdauBSP:GOAU4 +1.05%54 PB Ratio is 0.81 as of Aug. 06, 2026, which is 27% above its 10-year median of 0.64. GuruFocus rates BSP:GOAU4 with a GF Score™ of 54/100 and a GF Value™ of R$7.44 (Significantly Overvalued). The stock has 11 warning signs investors should review. Among 610 Steel companies, Metalurgica Gerdau ranks better than 63.44% on this metric.
Metalurgica Gerdau SA stock PB Ratio (=0.73) is close to 3-year high of 0.73.
The historical rank and industry rank for Metalurgica Gerdau's PB Ratio or its related term are showing as below:
BSP:GOAU4'
s PB Ratio Range Over the Past 10 Years
Min: 0.22 Med: 0.64 Max: 1.27
Current: 0.73
During the past 13 years, Metalurgica Gerdau's highest PB Ratio was 1.27. The lowest was 0.22. And the median was 0.64.
BSP:GOAU4's PB Ratio is ranked better than 63.44% of 610
companies
in the Steel industry
Industry Median: 0.97
vs BSP:GOAU4: 0.73
During the past 12 months, Metalurgica Gerdau's average Book Value Per Share Growth Rate was -2.70% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 6.50% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 12.40% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 7.90% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Metalurgica Gerdau was 48.00% per year. The lowest was -33.00% per year. And the median was 6.50% per year.
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.
Metalurgica Gerdau PB Ratio Related Terms
Metalurgica Gerdau PB Ratio Historical Data
* Premium members only.
The historical data trend for Metalurgica Gerdau'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, Metalurgica Gerdau'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.
Metalurgica Gerdau PB Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, Metalurgica Gerdau's PB Ratio distribution charts can be found below:
* The bar in red indicates where Metalurgica Gerdau'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.
* 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.
Metalurgica Gerdau (BSP:GOAU4) has a PB Ratio of 0.81 as of Aug. 06, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Metalurgica Gerdau and its competitors. This is 27% above median its historical median of 0.64. Over the past decade, Metalurgica Gerdau's PB Ratio has ranged from 0.22 to 1.27. According to the industry distribution chart, Metalurgica Gerdau ranks #223 out of 610 companies in the Steel industry, placing it in the top 36.6%.
Is Metalurgica Gerdau's PB Ratio too high?
Metalurgica Gerdau's current PB Ratio of 0.81 is 27% above median its 10-year median of 0.64. Over the past 10 years, this metric has ranged from a low of 0.22 to a high of 1.27. The Steel industry median PB Ratio is 0.97. Metalurgica Gerdau's value of 0.81 is 16.5% below this industry median. Based on the distribution chart, Metalurgica Gerdau ranks #223 out of 610 companies in the Steel industry, which is above the industry midpoint. Overall, Metalurgica Gerdau has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Metalurgica Gerdau's PB Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Metalurgica Gerdau ranks #223 out of 610 companies for PB Ratio. This puts Metalurgica Gerdau in the upper half of its industry. The industry median PB Ratio is 0.97. Metalurgica Gerdau's value of 0.81 is 16.5% below this benchmark. Historically, Metalurgica Gerdau's own PB Ratio has ranged from 0.22 to 1.27 over the past decade. While the company's 10-year median is 0.64 vs. the industry median of 0.97, Metalurgica Gerdau 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 0.97, based on 610 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. Metalurgica Gerdau's current PB Ratio of 0.81 is 16.5% 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 Metalurgica Gerdau and its competitors. For the Steel industry, the median PB Ratio is 0.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Metalurgica Gerdau's current PB Ratio is 0.81, which is 27% above median its own 10-year median of 0.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Metalurgica Gerdau stock overvalued right now?
Based on GuruFocus' analysis, Metalurgica Gerdau (BSP:GOAU4) is currently considered Significantly Overvalued. The stock's GF Value™ is R$7.44, compared to a current price of R$11.53 — trading 55% above its estimated fair value. The current PB Ratio is 0.81, which is 27% above median its 10-year median of 0.64 and 16.5% below the Steel industry median of 0.97. Metalurgica Gerdau's overall GF Score™ is 54/100 with 11 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 Metalurgica Gerdau (BSP:GOAU4), the current PB Ratio is 0.81 as of Aug. 06, 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 Metalurgica Gerdau (BSP:GOAU4) Overvalued in 2026?
Based on GuruFocus' analysis, Metalurgica Gerdau stock appears to be overvalued.
The current stock price of R$11.53 is trading 55% above its estimated GF Value™ of R$7.44.
GuruFocus considers Metalurgica Gerdau to be Significantly Overvalued.
Key valuation signals for BSP:GOAU4:
PB Ratio: 0.81 (27% above median its 10-year median of 0.64)
GF Value™: R$7.44 vs. price of R$11.53 (55% above fair value)
Industry Position: 16.5% below the Steel median (#223 of 610)
No single metric tells the full story. See the BSP:GOAU4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Metalurgica Gerdau SA produces steel and steel products used in construction, industrial, agricultural and automotive sectors. Its products include steel columns, nails, transfer bars for the construction sector; billet, electrodes, mechanical construction wire rods for the industrial sector; staples, steel posts, tribars, galvanized wires for agricultural sector; mechanical construction ingots, mechanical construction wires, and various other products for the automotive sector. Its revenue is generated by sales of long steel to nonresidential construction and infrastructure sector in North America.
54GF Score
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