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Lowest Price to Book Ratio in the Steel Industry Detected in Shares of Olympic Steel (ZEUS, AP, SCHN, RS, ATI)

By Amy Schwartz

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.

Olympic Steel ranks lowest with a a price to book ratio of 0.72. Following is Ampco-Pittsburgh with a a price to book ratio of 0.89. Schnitzer Steel Industries ranks third lowest with a a price to book ratio of 1.06.

Reliance Steel & Aluminum follows with a a price to book ratio of 1.27, and Allegheny Technologies rounds out the bottom five with a a price to book ratio of 1.31.

SmarTrend is monitoring the recent change of momentum in Allegheny Technologies. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Allegheny Technologies in search of a potential trend change.

Keywords: lowest price to book ratio olympic steel ampco-pittsburgh schnitzer steel industries reliance steel & aluminum allegheny technologies

Ticker(s): ZEUS AP SCHN RS ATI