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Korea Cast Iron Pipe Co Ltd stock PB Ratio (=0.4) is close to 10-year low of 0.37.
The historical rank and industry rank for Korea Cast Iron Pipe Co's PB Ratio or its related term are showing as below:
XKRX:000970'
s PB Ratio Range Over the Past 10 Years
Min: 0.37 Med: 0.66 Max: 1.22
Current: 0.4
During the past 13 years, Korea Cast Iron Pipe Co's highest PB Ratio was 1.22. The lowest was 0.37. And the median was 0.66.
XKRX:000970's PB Ratio is ranked better than 82.84% of 606
companies
in the Steel industry
Industry Median: 1.005
vs XKRX:000970: 0.40
During the past 12 months, Korea Cast Iron Pipe Co'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 1.30% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 6.80% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 5.80% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Korea Cast Iron Pipe Co was 9.90% per year. The lowest was 0.80% per year. And the median was 1.80% 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.
* 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, Korea Cast Iron Pipe 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.
Korea Cast Iron Pipe Co PB Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, Korea Cast Iron Pipe Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Korea Cast Iron Pipe 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.
* 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.
Korea Cast Iron Pipe Co (XKRX:000970) has a PB Ratio of 0.40 as of Sep. 08, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Korea Cast Iron Pipe Co and its competitors. This is 39% below median its historical median of 0.66. Over the past decade, Korea Cast Iron Pipe Co's PB Ratio has ranged from 0.37 to 1.22. According to the industry distribution chart, Korea Cast Iron Pipe Co ranks #104 out of 606 companies in the Steel industry, placing it in the top 17.2%.
Is Korea Cast Iron Pipe Co's PB Ratio too high?
Korea Cast Iron Pipe Co's current PB Ratio of 0.40 is 39% below median its 10-year median of 0.66. Over the past 10 years, this metric has ranged from a low of 0.37 to a high of 1.22. The Steel industry median PB Ratio is 1.01. Korea Cast Iron Pipe Co's value of 0.40 is 60.2% below this industry median. Based on the distribution chart, Korea Cast Iron Pipe Co ranks #104 out of 606 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Korea Cast Iron Pipe Co has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Korea Cast Iron Pipe Co's PB Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Korea Cast Iron Pipe Co ranks #104 out of 606 companies for PB Ratio. This places Korea Cast Iron Pipe Co in the top 17% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.01. Korea Cast Iron Pipe Co's value of 0.40 is 60.2% below this benchmark. Historically, Korea Cast Iron Pipe Co's own PB Ratio has ranged from 0.37 to 1.22 over the past decade. While the company's 10-year median is 0.66 vs. the industry median of 1.01, Korea Cast Iron Pipe 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 1.01, based on 606 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. Korea Cast Iron Pipe Co's current PB Ratio of 0.40 is 60.2% 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 Korea Cast Iron Pipe Co and its competitors. For the Steel industry, the median PB Ratio is 1.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Korea Cast Iron Pipe Co's current PB Ratio is 0.40, which is 39% below median its own 10-year median of 0.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Korea Cast Iron Pipe Co stock overvalued right now?
Based on GuruFocus' analysis, Korea Cast Iron Pipe Co (XKRX:000970) is currently considered Fairly Valued. The stock's GF Value™ is ₩6,102.89, compared to a current price of ₩6,660.00 — trading 9.1% above its estimated fair value. The current PB Ratio is 0.40, which is 39% below median its 10-year median of 0.66 and 60.2% below the Steel industry median of 1.01. Korea Cast Iron Pipe Co's overall GF Score™ is 71/100 with 2 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 Korea Cast Iron Pipe Co (XKRX:000970), the current PB Ratio is 0.40 as of Sep. 08, 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 Korea Cast Iron Pipe Co (XKRX:000970) Overvalued in 2026?
Based on GuruFocus' analysis, Korea Cast Iron Pipe Co stock appears to be overvalued.
The current stock price of ₩6,660.00 is trading 9.1% above its estimated GF Value™ of ₩6,102.89.
GuruFocus considers Korea Cast Iron Pipe Co to be Fairly Valued.
Key valuation signals for XKRX:000970:
PB Ratio: 0.40 (39% below median its 10-year median of 0.66)
GF Value™: ₩6,102.89 vs. price of ₩6,660.00 (9.1% above fair value)
Industry Position: 60.2% below the Steel median (#104 of 606)
No single metric tells the full story. See the XKRX:000970 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Korea Cast Iron Pipe Co Ltd is engaged in the manufacturing of cast iron pipes, mild steel pipes, straight and special-shaped pipes, other bolts and nuts, and other machine castings at its Busan Shinpyeong Plant, and produces pile steel pipes and water supply-coated steel pipes at its Pohang Plant.
71GF Score
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