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The historical rank and industry rank for Arabian Steel Pipes Manufacturing's Price-to-Tangible-Book or its related term are showing as below:
AMM:ASPMM's Price-to-Tangible-Book is not ranked *
in the Steel industry.
Industry Median: 1.005 * Ranked among companies with meaningful Price-to-Tangible-Book only.
Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.
Arabian Steel Pipes Manufacturing Price-to-Tangible-Book Related Terms
Arabian Steel Pipes Manufacturing Price-to-Tangible-Book Historical Data
* 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.
Arabian Steel Pipes Manufacturing Price-to-Tangible-Book Chart
Arabian Steel Pipes Manufacturing Price-to-Tangible-Book Competitor Comparison
For the Steel subindustry, Arabian Steel Pipes Manufacturing's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.
Arabian Steel Pipes Manufacturing Price-to-Tangible-Book vs Steel Industry
For the Steel industry and Basic Materials sector, Arabian Steel Pipes Manufacturing's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Arabian Steel Pipes Manufacturing's Price-to-Tangible-Book falls into.
* 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 PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.
Arabian Steel Pipes Manufacturing (AMM:ASPMM) has a Price-to-Tangible-Book of 1.17 as of Sep. 22, 2026. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on Arabian Steel Pipes Manufacturing and its competitors.
Is Arabian Steel Pipes Manufacturing's Price-to-Tangible-Book too high?
Arabian Steel Pipes Manufacturing's current Price-to-Tangible-Book is 1.17. The Steel industry median Price-to-Tangible-Book is 1.01. Arabian Steel Pipes Manufacturing's value of 1.17 is 16.4% above this industry median.
How does Arabian Steel Pipes Manufacturing's Price-to-Tangible-Book compare to competitors?
Arabian Steel Pipes Manufacturing's Price-to-Tangible-Book of 1.17 can be compared against companies in the Steel industry. The industry median Price-to-Tangible-Book is 1.01. Arabian Steel Pipes Manufacturing's value of 1.17 is 16.4% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Price-to-Tangible-Book for a Steel company?
The median Price-to-Tangible-Book among Steel companies is 1.01, based on 600 companies in the industry. Companies in the top quartile (top 25%) have a Price-to-Tangible-Book significantly above this median, while those in the bottom quartile fall well below. However, Price-to-Tangible-Book should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Arabian Steel Pipes Manufacturing's current Price-to-Tangible-Book of 1.17 is 16.4% above 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 Price-to-Tangible-Book mean?
A high Price-to-Tangible-Book can signal that a stock is expensive relative to its fundamentals. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on Arabian Steel Pipes Manufacturing and its competitors. For the Steel industry, the median Price-to-Tangible-Book is 1.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Arabian Steel Pipes Manufacturing's current Price-to-Tangible-Book is 1.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Arabian Steel Pipes Manufacturing stock overvalued right now?
Arabian Steel Pipes Manufacturing (AMM:ASPMM) has a current Price-to-Tangible-Book of 1.17. The current Price-to-Tangible-Book is 1.17 and 16.4% above the Steel industry median of 1.01. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Price-to-Tangible-Book calculated?
Price-to-Tangible-Book is calculated from a company's financial statements. For Arabian Steel Pipes Manufacturing (AMM:ASPMM), the current Price-to-Tangible-Book is 1.17 as of Sep. 22, 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.
Arabian Steel Pipes Manufacturing is engaged in manufacturing steel pipes and tubes. Its products include circular, square, and rectangular steel tubes, electrical power transmission poles, 3LPE Coated Pipes, telecom towers, riser pipes, and much more. The company is also engaged in import and export, general trade, and production of electrical poles of all kinds, tubular, polygon, communication poles, forming sheet metal, manufacturing components of metal structures for special use, and general galvanizing. It includes the production of iron towers and their parts for high and medium-pressure electricity extension networks, communication towers, lighting towers, and insulation of pipes by all methods of insulation.
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