United States Steel (MEX:X) Price-to-Tangible-Book : 0.78 (As of Dec. 12, 2024)

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What is United States Steel Price-to-Tangible-Book?

As of today (2024-12-12), United States Steel's share price is MXN698.71. United States Steel's Tangible Book per Share of Sep. 2024 for the quarter that ended in Sep. 2024 was MXN895.20. Hence, United States Steel's Price to Tangible Book Ratio of today is 0.78.

The historical rank and industry rank for United States Steel's Price-to-Tangible-Book or its related term are showing as below:

MEX:X' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.3 Med: 0.92 Max: 2.95
Current: 0.71

During the past 13 years, United States Steel's highest Price to Tangible Book Ratio was 2.95. The lowest was 0.30. And the median was 0.92.

MEX:X's Price-to-Tangible-Book is ranked better than
63.18% of 611 companies
in the Steel industry
Industry Median: 1.01 vs MEX:X: 0.71

A closely related ratio is called PB Ratio. As of today, United States Steel's share price is MXN698.71. United States Steel's Book Value per Sharefor the quarter that ended in Sep. 2024 was MXN1,012.47. Hence, United States Steel's P/B Ratio of today is 0.69.

United States Steel Price-to-Tangible-Book Historical Data

The historical data trend for United States Steel's Price-to-Tangible-Book 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.

* Premium members only.

United States Steel Price-to-Tangible-Book Chart

United States Steel Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.49

1.02

0.83

0.64

1.11

United States Steel Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Price-to-Tangible-Book	Get a 7-Day Free Trial															0.75	1.11	0.94	0.83	0.77

Competitive Comparison of United States Steel's Price-to-Tangible-Book

For the Steel subindustry, United States Steel'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.

United States Steel's Price-to-Tangible-Book Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, United States Steel's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where United States Steel's Price-to-Tangible-Book falls into.

United States Steel Price-to-Tangible-Book Calculation

United States Steel's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Sep. 2024 )
	=	698.71	/	895.204
	=	0.78

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

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.

Be Aware

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.

United States Steel Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of United States Steel's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

United States Steel Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » United States Steel Corp (MEX:X) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

X:USA 1USX1:Italy 0LJ9:UK USX1:Germany USX1:Germany USX1:Germany USX1:Germany USSX34:Brazil XUSS:Austria X:Argentina

Address

600 Grant Street, Pittsburgh, PA, USA, 15219-2800

Website

https://www.ussteel.com

United States Steel Corp operates primarily in the United States but also has a steelmaking capacity in Slovakia. The company's operating segments include North American Flat-Rolled (Flat-Rolled), Mini Mill, U. S. Steel Europe (USSE), and Tubular Products (Tubular). The Flat-Rolled segment includes U. S. Steel's integrated steel plants and equity investees in North America involved in the production of slabs, strip mill plates, sheets, and tin mill products, as well as all iron ore and coke production facilities in the United States. It primarily serves North American customers in the service center, conversion, transportation, construction, container, and appliance, and electrical markets.