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Ampco-Pittsburgh is Among the Companies in the Steel Industry With the Lowest Price to Book Ratio (AP, ZEUS, TMST, RS, SCHN)

By Nick Russo

Below are the three companies in the Steel industry with the lowest price to book ratios. Often companies with the lowest ratio present the greatest value to investors.

Ampco-Pittsburgh ranks lowest with a a price to book ratio of 0.81. Following is Olympic Steel with a a price to book ratio of 0.91. Timkensteel ranks third lowest with a a price to book ratio of 1.45.

Reliance Steel follows with a a price to book ratio of 1.46, and Schnitzer Steel rounds out the bottom five with a a price to book ratio of 1.58.

SmarTrend recommended that its subscribers protect gains by selling shares of Schnitzer Steel on March 27th, 2018 by issuing a Downtrend alert when the shares were trading at $32.55. Since that call, shares of Schnitzer Steel have fallen 4.3%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: lowest price to book ratio ampco-pittsburgh olympic steel timkensteel Reliance Steel schnitzer steel

Ticker(s): AP ZEUS TMST RS SCHN