ArcelorMittal
MT
#842
Rank
$22.60 B
Marketcap
$27.81
Share price
2.96%
Change (1 day)
-2.11%
Change (1 year)

ArcelorMittal (MT) - P/B ratio

P/B ratio as of March 2024 : 0.4086

According to ArcelorMittal's latest financial reports the company has a price-to-book ratio of 0.4086.
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.

ArcelorMittal - P/B ratio (from 2001 to 2023)

P/B ratio by year

Year P/B ratio Change
2023-12-310.41557.97%
2022-12-310.3849-31.96%
2021-12-310.5657-7.31%
2020-12-310.610339.32%
2019-12-310.4380-8.13%
2018-12-310.4768-40.98%
2017-12-310.807815.17%
2016-12-310.7014168.72%
2015-12-310.2610-35.52%
2014-12-310.4048-27.31%
2013-12-310.55706.07%
2012-12-310.5251-51.47%
2011-12-311.0820.16%
2010-12-310.9004-17.49%
2009-12-311.0992.72%
2008-12-310.5663-68.31%
2007-12-311.7952.83%
2006-12-311.17-2.51%
2005-12-311.20-63.36%
2004-12-313.27-54.83%
2003-12-317.25240.35%
2002-12-312.13

P/B ratio for similar companies or competitors

Company P/B ratio differencediff. Country
1.60 291.21%๐Ÿ‡บ๐Ÿ‡ธ USA
2.15 427.09%๐Ÿ‡บ๐Ÿ‡ธ USA
0.5477 34.04%๐Ÿ‡ฐ๐Ÿ‡ท S. Korea
0.4876 19.32%๐Ÿ‡ฑ๐Ÿ‡บ Luxembourg
1.32 224.17%๐Ÿ‡ง๐Ÿ‡ท Brazil
0.8278 102.59%๐Ÿ‡บ๐Ÿ‡ธ USA
1.06 159.26%๐Ÿ‡ง๐Ÿ‡ท Brazil
0.7638 86.92%๐Ÿ‡ง๐Ÿ‡ท Brazil
1.36 232.26%๐Ÿ‡บ๐Ÿ‡ธ USA