Stelco (STLC.TO) - P/B ratio

P/B ratio as of November 2024 : 2.70

According to Stelco's latest financial reports the company has a price-to-book ratio of 1.26052.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.

Stelco - P/B ratio (from 2018 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	2.14	22.56%
2022-12-31	1.75	-21.26%
2021-12-31	2.22	-69.12%
2020-12-31	7.18	233.64%
2019-12-31	2.15	-8.61%
2018-12-31	2.35	-100.43%
2017-12-31	-550

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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