SZGPF (Salzgitter AG) PB Ratio: 0.59 (As of Jun. 30, 2026) — 40% Above Median


SZGPF Salzgitter AG SZGPF
56 GF Score
Price $57.97
GF Value $27.36
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Salzgitter AG PB Ratio?

Salzgitter AG SZGPF 56 PB Ratio is 0.59 as of Jun. 30, 2026, which is 40% above its 10-year median of 0.42. GuruFocus rates SZGPF with a GF Score™ of 56/100 and a GF Value™ of $27.36 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 610 Steel companies, Salzgitter AG ranks better than 73.28% 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 (2026-06-30), Salzgitter AG's share price is $57.965. Salzgitter AG's Book Value per Share for the quarter that ended in Mar. 2026 was $97.43. Hence, Salzgitter AG's PB Ratio of today is 0.59.

The historical rank and industry rank for Salzgitter AG's PB Ratio or its related term are showing as below:

SZGPF' s PB Ratio Range Over the Past 10 Years
Min: 0.16   Med: 0.42   Max: 0.93
Current: 0.52

During the past 13 years, Salzgitter AG's highest PB Ratio was 0.93. The lowest was 0.16. And the median was 0.42.

SZGPF's PB Ratio is ranked better than
73.28% of 610 companies
in the Steel industry
Industry Median: 0.955 vs SZGPF: 0.52

During the past 12 months, Salzgitter AG's average Book Value Per Share Growth Rate was 2.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -2.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 10.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 5.90% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Salzgitter AG was 55.60% per year. The lowest was -10.90% per year. And the median was 2.00% per year.

Back to Basics: PB Ratio


Salzgitter AG  (OTCPK:SZGPF) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

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.


Salzgitter AG PB Ratio Related Terms


Salzgitter AG PB Ratio Historical Data

* Premium members only.

The historical data trend for Salzgitter AG'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.

Salzgitter AG PB Ratio Chart

Salzgitter AG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.52 0.31 0.41 0.24 0.49

Salzgitter AG Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
PB Ratio 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 0.24 0.25 0.29 0.49 0.43

SZGPF vs NUE, STLD, RS: PB Ratio Comparison

For the Steel subindustry, Salzgitter AG'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.


Salzgitter AG PB Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Salzgitter AG's PB Ratio distribution charts can be found below:

* The bar in red indicates where Salzgitter AG's PB Ratio falls into.


SZGPF
56GF Score
Salzgitter AG SZGPF
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Salzgitter AG 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.

Salzgitter AG's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=57.965/97.428
=0.59

* 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.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 0.59 mean?
Salzgitter AG (SZGPF) has a PB Ratio of 0.59 as of Jun. 30, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Salzgitter AG and its competitors. This is 40% above median its historical median of 0.42. Over the past decade, Salzgitter AG's PB Ratio has ranged from 0.16 to 0.93. According to the industry distribution chart, Salzgitter AG ranks #163 out of 610 companies in the Steel industry, placing it in the top 26.7%.
Is Salzgitter AG's PB Ratio too high?
Salzgitter AG's current PB Ratio of 0.59 is 40% above median its 10-year median of 0.42. Over the past 10 years, this metric has ranged from a low of 0.16 to a high of 0.93. The Steel industry median PB Ratio is 0.96. Salzgitter AG's value of 0.59 is 38.2% below this industry median. Based on the distribution chart, Salzgitter AG ranks #163 out of 610 companies in the Steel industry, which is above the industry midpoint. Overall, Salzgitter AG has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Salzgitter AG's PB Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Salzgitter AG ranks #163 out of 610 companies for PB Ratio. This puts Salzgitter AG in the upper half of its industry. The industry median PB Ratio is 0.96. Salzgitter AG's value of 0.59 is 38.2% below this benchmark. Historically, Salzgitter AG's own PB Ratio has ranged from 0.16 to 0.93 over the past decade. While the company's 10-year median is 0.42 vs. the industry median of 0.96, Salzgitter AG 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 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. Salzgitter AG's current PB Ratio of 0.59 is 38.2% 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 Salzgitter AG 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. Salzgitter AG's current PB Ratio is 0.59, which is 40% above median its own 10-year median of 0.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Salzgitter AG stock overvalued right now?
Based on GuruFocus' analysis, Salzgitter AG (SZGPF) is currently considered Significantly Overvalued. The stock's GF Value™ is $27.36, compared to a current price of $57.97 — trading 111.9% above its estimated fair value. The current PB Ratio is 0.59, which is 40% above median its 10-year median of 0.42 and 38.2% below the Steel industry median of 0.96. Salzgitter AG's overall GF Score™ is 56/100 with 4 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 Salzgitter AG (SZGPF), the current PB Ratio is 0.59 as of Jun. 30, 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 Salzgitter AG (SZGPF) Overvalued in 2026?

Based on GuruFocus' analysis, Salzgitter AG stock appears to be overvalued. The current stock price of $57.97 is trading 111.9% above its estimated GF Value™ of $27.36. GuruFocus considers Salzgitter AG to be Significantly Overvalued.

Key valuation signals for SZGPF:

  • PB Ratio: 0.59 (40% above median its 10-year median of 0.42)
  • GF Value™: $27.36 vs. price of $57.97 (111.9% above fair value)
  • GF Score™: 56/100 with 4 warning signs
  • Industry Position: 38.2% below the Steel median (#163 of 610)

No single metric tells the full story. See the SZGPF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Salzgitter AG Business Description

Address Eisenhuttenstrasse 99, Salzgitter, DEU, 38239
Salzgitter AG operates as a holding company. It has four divisions: Steel Production, Steel Processing, Trading and Technology. The majority is derived from the Steel Production segment, which manufactures high-quality branded steel & special steel. Its core product offerings include strip steel articles, seamless and welded steel pipes and tubes, and heavy plate count.
56GF Score

Get the complete analysis for SZGPF

PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$57.97
Price
$27.36
GF Value