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Steppe CementSPPCF 49 Price-to-Tangible-Book is 1.17 as of Sep. 04, 2026. GuruFocus rates SPPCF with a GF Score™ of 49/100 and a GF Value™ of $0.29. The stock has 8 warning signs investors should review. Among 395 Building Materials companies, Steppe Cement ranks better than 57.97% on this metric.
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.
Steppe Cement Price-to-Tangible-Book Related Terms
Steppe Cement Price-to-Tangible-Book Historical Data
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The historical data trend for Steppe Cement'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.
SPPCF vs CRH, MLM, VMC: Price-to-Tangible-Book Comparison
For the Building Materials subindustry, Steppe Cement'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.
Steppe Cement Price-to-Tangible-Book vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Steppe Cement's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Steppe Cement'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.
Steppe Cement (SPPCF) has a Price-to-Tangible-Book of 1.17 as of Sep. 04, 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 Steppe Cement and its competitors. According to the industry distribution chart, Steppe Cement ranks #166 out of 395 companies in the Building Materials industry, placing it in the top 42%.
Is Steppe Cement's Price-to-Tangible-Book too high?
Steppe Cement's current Price-to-Tangible-Book is 1.17. The Building Materials industry median Price-to-Tangible-Book is 1.28. Steppe Cement's value of 1.17 is 8.6% below this industry median. Based on the distribution chart, Steppe Cement ranks #166 out of 395 companies in the Building Materials industry, which is above the industry midpoint. Overall, Steppe Cement has a GF Score™ of 49/100, reflecting its overall financial health beyond just this single metric.
How does Steppe Cement's Price-to-Tangible-Book compare to CRH and MLM?
According to the Building Materials industry distribution chart, Steppe Cement ranks #166 out of 395 companies for Price-to-Tangible-Book. This puts Steppe Cement in the upper half of its industry. The industry median Price-to-Tangible-Book is 1.28. Steppe Cement's value of 1.17 is 8.6% below 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 Building Materials company?
The median Price-to-Tangible-Book among Building Materials companies is 1.28, based on 395 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. Steppe Cement's current Price-to-Tangible-Book of 1.17 is 8.6% 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 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 Steppe Cement and its competitors. For the Building Materials industry, the median Price-to-Tangible-Book is 1.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Steppe Cement'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 Steppe Cement stock overvalued right now?
Steppe Cement (SPPCF) has a current Price-to-Tangible-Book of 1.17. The stock's GF Value™ is $0.29, compared to a current price of $0.31 — trading 6.9% above its estimated fair value. The current Price-to-Tangible-Book is 1.17 and 8.6% below the Building Materials industry median of 1.28. Steppe Cement's overall GF Score™ is 49/100 with 8 warning signs to review. 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 Steppe Cement (SPPCF), the current Price-to-Tangible-Book is 1.17 as of Sep. 04, 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 Steppe Cement (SPPCF) Overvalued in 2026?
Based on GuruFocus' analysis, Steppe Cement stock appears to be overvalued.
The current stock price of $0.31 is trading 6.9% above its estimated GF Value™ of $0.29.
Key valuation signals for SPPCF:
Price-to-Tangible-Book: 1.17
GF Value™: $0.29 vs. price of $0.31 (6.9% above fair value)
Industry Position: 8.6% below the Building Materials median (#166 of 395)
No single metric tells the full story. See the SPPCF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Steppe Cement Ltd is an investment holding company based in Malaysia. Its primary business is the production and sale of cement, which is in the Karaganda region, the Republic of Kazakhstan. The company derives revenue from the sale of manufactured goods and the transmission and distribution of electricity.
49GF Score
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