Algoma Steel Group Stock Price To Book
| 9ZY Stock | 10.60 0.20 1.92% |
ALGOMA STEEL GROUP fundamentals help investors to digest information that contributes to ALGOMA STEEL's financial success or failures. It also enables traders to predict the movement of ALGOMA Stock. The fundamental analysis module provides a way to measure ALGOMA STEEL's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to ALGOMA STEEL stock.
ALGOMA |
ALGOMA STEEL GROUP Company Price To Book Analysis
ALGOMA STEEL's Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
| Competition |
Based on the latest financial disclosure, ALGOMA STEEL GROUP has a Price To Book of 0.0 times. This is 100.0% lower than that of the Basic Materials sector and 100.0% lower than that of the Steel industry. The price to book for all Germany stocks is 100.0% higher than that of the company.
ALGOMA Price To Book Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ALGOMA STEEL's direct or indirect competition against its Price To Book to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of ALGOMA STEEL could also be used in its relative valuation, which is a method of valuing ALGOMA STEEL by comparing valuation metrics of similar companies.ALGOMA STEEL is currently under evaluation in price to book category among its peers.
ALGOMA Fundamentals
| Return On Equity | 0.66 | |||
| Return On Asset | 0.28 | |||
| Profit Margin | 0.21 % | |||
| Operating Margin | 0.31 % | |||
| Shares Outstanding | 103.86 M | |||
| Shares Owned By Insiders | 10.64 % | |||
| Shares Owned By Institutions | 70.29 % | |||
| Revenue | 3.54 B | |||
| Gross Profit | 1.51 B | |||
| EBITDA | 1.19 B | |||
| Book Value Per Share | 14.78 X | |||
| Earnings Per Share | 4.58 X | |||
| Market Capitalization | 818.92 M | |||
| Annual Yield | 0.02 % | |||
| Last Dividend Paid | 0.2 |
About ALGOMA STEEL Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze ALGOMA STEEL GROUP's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ALGOMA STEEL using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ALGOMA STEEL GROUP based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Additional Information and Resources on Investing in ALGOMA Stock
When determining whether ALGOMA STEEL GROUP is a strong investment it is important to analyze ALGOMA STEEL's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ALGOMA STEEL's future performance. For an informed investment choice regarding ALGOMA Stock, refer to the following important reports:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ALGOMA STEEL GROUP. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.