Vulcan Steel (ASX:VSL) Price-to-Tangible-Book : 6.57 (As of Jun. 06, 2024)

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What is Vulcan Steel Price-to-Tangible-Book?

As of today (2024-06-06), Vulcan Steel's share price is A$7.21. Vulcan Steel's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was A$1.10. Hence, Vulcan Steel's Price to Tangible Book Ratio of today is 6.57.

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

ASX:VSL' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 6.4 Med: 6.97 Max: 10.39
Current: 6.55

During the past 3 years, Vulcan Steel's highest Price to Tangible Book Ratio was 10.39. The lowest was 6.40. And the median was 6.97.

ASX:VSL's Price-to-Tangible-Book is ranked worse than
96.01% of 601 companies
in the Steel industry
Industry Median: 1.03 vs ASX:VSL: 6.55

A closely related ratio is called PB Ratio. As of today, Vulcan Steel's share price is A$7.21. Vulcan Steel's Book Value per Sharefor the quarter that ended in Dec. 2023 was A$1.20. Hence, Vulcan Steel's P/B Ratio of today is 6.02.

Vulcan Steel Price-to-Tangible-Book Historical Data

The historical data trend for Vulcan Steel'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.

Vulcan Steel Price-to-Tangible-Book Chart

Vulcan Steel Annual Data

Trend

Jun21

Jun22

Jun23

Price-to-Tangible-Book

6.44

6.91

Vulcan Steel Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	10.39	6.44	7.17	6.91	6.97

Competitive Comparison of Vulcan Steel's Price-to-Tangible-Book

For the Steel subindustry, Vulcan Steel'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.

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

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

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

Vulcan Steel Price-to-Tangible-Book Calculation

Vulcan Steel's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	7.21	/	1.097
	=	6.57

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

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.

Vulcan Steel Price-to-Tangible-Book Related Terms

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

Vulcan Steel (ASX:VSL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Vulcan Steel Ltd (ASX:VSL) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

VSL:New Zealand

Address

29 Neales Road, East Tamaki, Auckland, NTL, NZL, 2013

Website

https://www.vulcan.co

Vulcan Steel Ltd is a metals distributor and processor. Its products include Steel, Stainless Steel, Engineering steel, Plate processing, and Coil processing. The company has two operating segments namely, Steel business across New Zealand and Australia which includes Steel distribution, Plate processing, and Coil processing; and Metals business across New , which includes Stainless Steel, Engineering Steel and Aluminium.