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Ajusteel Co (XKRX:139990) Price-to-Tangible-Book : 0.70 (As of Sep. 26, 2024)


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What is Ajusteel Co Price-to-Tangible-Book?

As of today (2024-09-26), Ajusteel Co's share price is ₩5300.00. Ajusteel Co's Tangible Book per Share of Jun. 2024 for the quarter that ended in Jun. 2024 was ₩7,620.48. Hence, Ajusteel Co's Price to Tangible Book Ratio of today is 0.70.

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

XKRX:139990' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.67   Med: 1.06   Max: 2.18
Current: 0.7

During the past 5 years, Ajusteel Co's highest Price to Tangible Book Ratio was 2.18. The lowest was 0.67. And the median was 1.06.

XKRX:139990's Price-to-Tangible-Book is ranked better than
66.61% of 617 companies
in the Steel industry
Industry Median: 0.99 vs XKRX:139990: 0.70

A closely related ratio is called PB Ratio. As of today, Ajusteel Co's share price is ₩5300.00. Ajusteel Co's Book Value per Sharefor the quarter that ended in Jun. 2024 was ₩7,910.08. Hence, Ajusteel Co's P/B Ratio of today is 0.67.


Ajusteel Co Price-to-Tangible-Book Historical Data

The historical data trend for Ajusteel Co'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.

Ajusteel Co Price-to-Tangible-Book Chart

Ajusteel Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
- - 2.12 1.04 0.88

Ajusteel Co Quarterly Data
Mar20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Price-to-Tangible-Book 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 1.14 0.90 0.88 0.82 0.75

Competitive Comparison of Ajusteel Co's Price-to-Tangible-Book

For the Steel subindustry, Ajusteel Co'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.


Ajusteel Co's Price-to-Tangible-Book Distribution in the Steel Industry

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

* The bar in red indicates where Ajusteel Co's Price-to-Tangible-Book falls into.



Ajusteel Co Price-to-Tangible-Book Calculation

Ajusteel Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Jun. 2024 )
=5300.00/7620.479
=0.70

* 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.


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.


Ajusteel Co Price-to-Tangible-Book Related Terms

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


Ajusteel Co Business Description

Traded in Other Exchanges
N/A
Address
321, 4-gongdan-ro, Gumi, Gyeongsangbuk-do, KOR
Ajusteel Co Ltd is a steel company in Korea. It owns the full spectrum of manufacturing methods for designing steel surfaces. Its products include Texteel, SUSlike, Silk, pMCCL, Atex among others.

Ajusteel Co Headlines

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