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 (2024-05-07), Radius Recycling's share price is $18.43. Radius Recycling's Book Value per Share for the quarter that ended in Feb. 2024 was $30.18. Hence, Radius Recycling's PB Ratio of today is 0.61.
Good Sign:
Radius Recycling Inc stock PB Ratio (=0.62) is close to 3-year low of 0.57
The historical rank and industry rank for Radius Recycling's PB Ratio or its related term are showing as below:
RDUS'
s PB Ratio Range Over the Past 10 Years
Min: 0.45 Med: 0.96 Max: 2.1
Current: 0.61
During the past 13 years, Radius Recycling's highest PB Ratio was 2.10. The lowest was 0.45. And the median was 0.96.
RDUS's PB Ratio is ranked better than 71.66% of 607
companies
in the Steel industry
Industry Median: 1.02
vs RDUS: 0.61
During the past 12 months, Radius Recycling'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 9.70% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 7.40% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 3.30% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Radius Recycling was 43.50% per year. The lowest was -21.40% per year. And the median was 7.50% per year.
Back to Basics: PB Ratio
Radius Recycling PB Ratio Historical Data
The historical data trend for Radius Recycling'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.
Competitive Comparison of Radius Recycling's PB Ratio
For the Steel subindustry, Radius Recycling'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.
Radius Recycling's PB Ratio Distribution in the Steel Industry
For the Steel industry and Basic Materials sector, Radius Recycling's PB Ratio distribution charts can be found below:
* The bar in red indicates where Radius Recycling's PB Ratio falls into.
Radius Recycling 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.
* 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.
Radius Recycling PB Ratio Related Terms
Thank you for viewing the detailed overview of Radius Recycling's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Radius Recycling (Radius Recycling) Business Description
Schnitzer Steel Industries Inc is one of the ferrous and nonferrous scrap metal recyclers in the U.S. Its metal recycling business collects and recycles auto bodies, rail cars, appliances, machinery, and construction demolition. Additionally, Schnitzer operates an auto-parts business that purchases obsolete vehicles and sells any useful parts to retail customers and a steelmaking business that supplies construction products along the U.S. West Coast.
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