Algoma Steel GroupTSX:ASTL +2.80%61 PS Ratio is 0.32 as of Jul. 05, 2026, which is 29% below its 10-year median of 0.45. GuruFocus rates TSX:ASTL with a GF Score™ of 61/100 and a GF Value™ of C$7.82 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 611 Steel companies, Algoma Steel Group ranks better than 68.25% on this metric.
The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, Algoma Steel Group's share price is C$5.51.
Algoma Steel Group's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was C$17.15. Hence, Algoma Steel Group's PS Ratio for today is 0.32.
The historical rank and industry rank for Algoma Steel Group's PS Ratio or its related term are showing as below:
TSX:ASTL'
s PS Ratio Range Over the Past 10 Years
Min: 0.24 Med: 0.45 Max: 0.78
Current: 0.32
During the past 6 years, Algoma Steel Group's highest PS Ratio was 0.78. The lowest was 0.24. And the median was 0.45.
TSX:ASTL's PS Ratio is ranked better than 68.25% of 611
companies
in the Steel industry
Industry Median: 0.6
vs TSX:ASTL: 0.32
Algoma Steel Group Inc revenue per share has been in decline over the past 3 years.
During the past 12 months, the average Revenue per Share Growth Rate of Algoma Steel Group was -13.20% per year.
During the past 3 years, the average Revenue per Share Growth Rate was -17.50% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 2.00% per year.
During the past 6 years, Algoma Steel Group's highest 3-Year average Revenue per Share Growth Rate was 9.50% per year. The lowest was -17.50% per year. And the median was 2.70% per year.
Back to Basics: PS Ratio
Algoma Steel Group (TSX:ASTL) PS Ratio Explanation
The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.
When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.
The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.
Algoma Steel Group PS Ratio Related Terms
Algoma Steel Group PS Ratio Historical Data
* Premium members only.
The historical data trend for Algoma Steel Group's PS Ratio 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.
For the Steel subindustry, Algoma Steel Group's PS Ratio, along with its competitors' market caps and PS 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.
Algoma Steel Group PS Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, Algoma Steel Group's PS Ratio distribution charts can be found below:
* The bar in red indicates where Algoma Steel Group's PS Ratio falls into.
The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.
Algoma Steel Group's Share Price of today is C$5.51. Algoma Steel Group's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$17.15.
* 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:
Algoma Steel Group (TSX:ASTL) has a PS Ratio of 0.32 as of Jul. 05, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Algoma Steel Group and its competitors. This is 29% below median its historical median of 0.45. Over the past decade, Algoma Steel Group's PS Ratio has ranged from 0.24 to 0.78. According to the industry distribution chart, Algoma Steel Group ranks #194 out of 611 companies in the Steel industry, placing it in the top 31.8%.
Is Algoma Steel Group's PS Ratio too high?
Algoma Steel Group's current PS Ratio of 0.32 is 29% below median its 10-year median of 0.45. Over the past 10 years, this metric has ranged from a low of 0.24 to a high of 0.78. The Steel industry median PS Ratio is 0.60. Algoma Steel Group's value of 0.32 is 46.7% below this industry median. Based on the distribution chart, Algoma Steel Group ranks #194 out of 611 companies in the Steel industry, which is above the industry midpoint. Overall, Algoma Steel Group has a GF Score™ of 61/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Algoma Steel Group's PS Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Algoma Steel Group ranks #194 out of 611 companies for PS Ratio. This puts Algoma Steel Group in the upper half of its industry. The industry median PS Ratio is 0.60. Algoma Steel Group's value of 0.32 is 46.7% below this benchmark. Historically, Algoma Steel Group's own PS Ratio has ranged from 0.24 to 0.78 over the past decade. While the company's 10-year median is 0.45 vs. the industry median of 0.60, Algoma Steel Group 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 PS Ratio for a Steel company?
The median PS Ratio among Steel companies is 0.60, based on 611 companies in the industry. Companies in the top quartile (top 25%) have a PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Algoma Steel Group's current PS Ratio of 0.32 is 46.7% 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 PS Ratio mean?
A high PS Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Algoma Steel Group and its competitors. For the Steel industry, the median PS Ratio is 0.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Algoma Steel Group's current PS Ratio is 0.32, which is 29% below median its own 10-year median of 0.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Algoma Steel Group stock overvalued right now?
Based on GuruFocus' analysis, Algoma Steel Group (TSX:ASTL) is currently considered Possible Value Trap. The stock's GF Value™ is C$7.82, compared to a current price of C$5.51 — trading 29.5% below its estimated fair value. The current PS Ratio is 0.32, which is 29% below median its 10-year median of 0.45 and 46.7% below the Steel industry median of 0.60. Algoma Steel Group's overall GF Score™ is 61/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PS Ratio calculated?
PS Ratio is calculated from a company's financial statements. For Algoma Steel Group (TSX:ASTL), the current PS Ratio is 0.32 as of Jul. 05, 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 Algoma Steel Group (TSX:ASTL) Overvalued in 2026?
Based on GuruFocus' analysis, Algoma Steel Group stock appears to be undervalued.
The current stock price of C$5.51 is trading 29.5% below its estimated GF Value™ of C$7.82.
GuruFocus considers Algoma Steel Group to be Possible Value Trap.
Key valuation signals for TSX:ASTL:
PS Ratio: 0.32 (29% below median its 10-year median of 0.45)
GF Value™: C$7.82 vs. price of C$5.51 (29.5% below fair value)
Industry Position: 46.7% below the Steel median (#194 of 611)
No single metric tells the full story. See the TSX:ASTL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Algoma Steel Group Inc is a fully integrated steel producer of hot and cold rolled steel products, including coiled sheet and plate, strategically located. The firm operates in a single segment of basic steel production including sheets, plates, slabs, and freights. The company's revenue is generated from contracts to produce, ship, and deliver steel products Geographically it serves Canada, the United States, and the rest of the world, whilst driving key revenue from United States. The company generates the majority of its revenue from the sale of Steel sheets and strips.
61GF Score
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