The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-04-19), United States Steel's share price is $38.94. United States Steel's Book Value per Share for the quarter that ended in Dec. 2023 was $49.39. Hence, United States Steel's PB Ratio of today is 0.79.
The historical rank and industry rank for United States Steel's PB Ratio or its related term are showing as below:
X'
s PB Ratio Range Over the Past 10 Years
Min: 0.22 Med: 0.93 Max: 3.04
Current: 0.79
During the past 13 years, United States Steel's highest PB Ratio was 3.04. The lowest was 0.22. And the median was 0.93.
X's PB Ratio is ranked better than 60.13% of 607
companies
in the Steel industry
Industry Median: 1.01
vs X: 0.79
During the past 12 months, United States Steel's average Book Value Per Share Growth Rate was 10.40% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 42.20% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 19.20% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 8.40% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of United States Steel was 65.30% per year. The lowest was -42.40% per year. And the median was 5.90% per year.
Back to Basics: PB Ratio
United States Steel PB Ratio Historical Data
The historical data trend for United States Steel's PB 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.
* Premium members only.
United States Steel Annual Data
Trend
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Dec23
PB Ratio
0.47
0.98
0.70
0.56
0.99
United States Steel Quarterly Data
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Sep22
Dec22
Mar23
Jun23
Sep23
Dec23
PB Ratio
0.56
0.58
0.52
0.66
0.99
Competitive Comparison
For the Steel subindustry, United States Steel's PB Ratio, along with its competitors' market caps and PB 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.
United States Steel PB Ratio Distribution
For the Steel industry and Basic Materials sector, United States Steel's PB Ratio distribution charts can be found below:
* The bar in red indicates where United States Steel's PB Ratio falls into.
United States Steel PB Ratio Calculation
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.
United States Steel's PB Ratio for today is calculated as follows:
* 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 Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.
The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.
United States Steel PB Ratio Related Terms
Thank you for viewing the detailed overview of United States Steel's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
United States Steel (United States Steel) Business Description
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.
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