Algoma Steel Group Inc. (ASTL) P/E Ratio History
Historical price-to-earnings valuation from 2021 to 2024
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ASTL Valuation Context
How does the current P/E compare to historical and market benchmarks?
P/E Ratio Analysis
As of May 8, 2026, Algoma Steel Group Inc. (ASTL) trades at a price-to-earnings ratio of -3.5x, with a stock price of $5.21 and trailing twelve-month earnings per share of $-9.38.
The current P/E is 123% below its 5-year average of 15.0x. Over the past five years, ASTL's P/E has ranged from a low of 1.4x to a high of 91.2x, placing the current valuation at the 0th percentile of its historical range.
Compared to the Basic Materials sector median P/E of 23.4x, ASTL trades at a 115% discount to its sector peers. The sector includes 125 companies with P/E ratios ranging from 2.0x to 144.2x.
Relative to the broader market, ASTL trades at a notable discount to the S&P 500 median P/E of 25.1x. Investors should consider the company's growth prospects, competitive position, and earnings quality when evaluating whether the current valuation is justified.
For a comprehensive intrinsic value estimate using discounted cash flow analysis, see our ASTL DCF Valuation Calculator →
Note: P/E ratio is just one valuation metric. It does not account for balance sheet strength, cash flow quality, or growth sustainability. Always conduct comprehensive due diligence before making investment decisions.
ASTL P/E vs Peers
P/E ratio compared to closely matched public peers
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $34B | 29.2 | 1.15 | -19% | |
| $52B | 30.1 | 1.16 | -11% | |
| $8B | 95.3 | - | -82% | |
| $19B | 26.4 | 1.33 | -10% | |
| $3B | 29.0 | 4.55 | -13% | |
| $533M | 24.3 | 0.58Best | -49% | |
| $210B | 23.2 | 8.26 | +14% | |
| $206B | 14.6Lowest | 1.89 | +15%Best |
Peers sorted by market capitalization. P/E below peers may indicate undervaluation or lower growth expectations. Consider PEG ratio for growth-adjusted comparison.
ASTL Historical P/E Data (2021–2024)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Date | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2024 Q4 | Sun Mar 31 2024 00:00:00 GM | $8.49 | $0.36 | 23.9x | +59% |
| FY2024 Q3 | Sun Dec 31 2023 00:00:00 GM | $10.03 | $0.11 | 91.2x | +507% |
| FY2024 Q2 | Sat Sep 30 2023 00:00:00 GM | $6.80 | $0.25 | 27.2x | +81% |
| FY2024 Q1 | Fri Jun 30 2023 00:00:00 GM | $7.10 | $0.61 | 11.6x | -23% |
| FY2023 Q4 | Fri Mar 31 2023 00:00:00 GM | $8.08 | $1.47 | 5.5x | -63% |
| FY2023 Q3 | Sat Dec 31 2022 00:00:00 GM | $6.34 | $3.12 | 2.0x | -86% |
| FY2023 Q2 | Fri Sep 30 2022 00:00:00 GM | $6.44 | $4.68 | 1.4x | -91% |
| FY2023 Q1 | $8.98 | $6.65 | 1.4x | -91% | |
| FY2022 Q4 | $11.25 | $6.76 | 1.7x | -89% | |
| FY2022 Q3 | Fri Dec 31 2021 00:00:00 GM | $10.81 | $6.20 | 1.7x | -88% |
| FY2022 Q2 | $10.52 | $4.90 | 2.1x | -86% | |
| FY2022 Q1 | Wed Jun 30 2021 00:00:00 GM | $10.02 | $2.43 | 4.1x | -73% |
Average P/E for displayed period: 15.0x
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Start ComparisonASTL — Frequently Asked Questions
Quick answers to the most common questions about buying ASTL stock.
Is ASTL stock overvalued or undervalued?
ASTL trades at -3.5x P/E, below its 5-year average of 15.0x. At the N/A percentile of historical range, the stock is priced at a discount to its own history.
How does ASTL's valuation compare to peers?
Algoma Steel Group Inc. P/E of -3.5x compares to sector median of 23.4x. The discount suggests lower growth expectations or higher risk.
What is ASTL's PEG ratio?
ASTL PEG ratio is N/A. Above 2.0 indicates premium valuation relative to growth rate. Historical P/E data spans 2021-2024.