Algoma Steel Group Inc.

Algoma Steel Group Inc.verified

ASTL

Price:

$9.94

Market Cap:

$1.41B

Algoma Steel Group Inc. produces and sells steel products primarily in North America. It provides flat/sheet steel products, including temper rolling, cold rolled, hot-rolled pickled and oiled products, floor plate, and cut-to-length products for the automotive industry, hollow structural product manufacturers, and the light manufacturing and transportation industries; and plate steel products that consist of rolled, hot-rolled, and heat-treated for use in the construction or manufacture of railcars, buildings, bridges, off-highway equipment, storage tanks, ships, and military applications. Algoma Steel Group Inc. was founded in 1901 and is headquartered in Sault Ste. Marie, Canada.[Read more]

Industry

Steel

IPO Date

2021-03-04

Stock Exchange

NASDAQ

Ticker

ASTL

The PE Ratio as of September 2024 (TTM) for Algoma Steel Group Inc. (ASTL) is -62.12

According to Algoma Steel Group Inc.’s latest financial reports and current stock price. The company's current PE Ratio is -62.12. This represents a change of -537.43% compared to the average of 14.20 of the last 4 quarters.

Algoma Steel Group Inc. (ASTL) Historical PE Ratio (quarterly & annually)

How has ASTL PE Ratio performed in the past?

The mean historical PE Ratio of Algoma Steel Group Inc. over the last ten years is 17.82. The current -62.12 PE Ratio has changed -34957.41% with respect to the historical average. Over the past ten years (40 quarters), ASTL's PE Ratio was at its highest in in the June 2024 quarter at 42.11. The PE Ratio was at its lowest in in the December 2012 quarter at -48.11.

Quarterly (TTM)
Annual

Average

17.82

Median

-4.39

Minimum

-24.28

Maximum

187.66

Algoma Steel Group Inc. (ASTL) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Algoma Steel Group Inc. PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 168.82%

Maximum Annual PE Ratio = 187.66

Minimum Annual Increase = -1197.74%

Minimum Annual PE Ratio = -24.28

Quarterly (TTM)
Annual
YearPE RatioChange
202412.07168.82%
20234.4985.00%
20222.43-121.63%
2021-11.22-2.32%
2020-11.48-106.12%
2019187.66-1197.74%
2014-17.10-29.59%

Algoma Steel Group Inc. (ASTL) Average PE Ratio

How has ASTL PE Ratio performed in the past?

The current PE Ratio of Algoma Steel Group Inc. (ASTL) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

6.33

5-year avg

-0.74

10-year avg

17.82

Algoma Steel Group Inc. (ASTL) PE Ratio vs. Peers

How is ASTL’s PE Ratio compared to its peers?

Algoma Steel Group Inc.’s PE Ratio is less than Friedman Industries, Incorporated (0), less than ArcelorMittal S.A. (7.81), less than Aperam S.A. (14.16), less than Acerinox, S.A. (24.27), less than Algoma Steel Group Inc. (11.84), less than TimkenSteel Corporation (-13.03), less than Schnitzer Steel Industries, Inc. (13.84), less than Reliance Steel & Aluminum Co. (-14.70), less than Universal Stainless & Alloy Products, Inc. (13.85), less than Outokumpu Oyj (19.46), less than Olympic Steel, Inc. (-2.16), less than POSCO Holdings Inc. (12.49), less than null (5.17),

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