Steelcase Stock Price To Book

SCS Stock

USD 13.01 0.07 0.54%

Steelcase fundamentals help investors to digest information that contributes to Steelcase's financial success or failures. It also enables traders to predict the movement of Steelcase Stock. The fundamental analysis module provides a way to measure Steelcase's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Steelcase stock.

Other Current Liab Total Assets

Price To Book Ratio is likely to gain to 2.23 in 2024.

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Steelcase Company Price To Book Analysis

Steelcase's Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.

P/B

MV Per Share

BV Per Share

More About Price To Book | All Equity Analysis

Current Steelcase Price To Book

1.59 X

Most of Steelcase's fundamental indicators, such as Price To Book, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Steelcase is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Steelcase Price To Book Driver Correlations

Understanding the fundamental principles of building solid financial models for Steelcase is extremely important. It helps to project a fair market value of Steelcase Stock properly, considering its historical fundamentals such as Price To Book. Since Steelcase's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Steelcase's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Steelcase's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Total Liab	Total Current Assets	Intangible Assets	Good Will	Short Term Investments	Long Term Debt	Short Term Debt	Property Plant Equipment	Current Deferred Revenue	Net Tangible Assets	Long Term Debt Total	Capital Surpluse	Long Term Investments	Short Long Term Debt	Cash And Equivalents	Net Invested Capital	Net Working Capital
Total Assets		0.45	0.6	0.56	-0.03	0.15	0.67	0.72	0.78	0.85	-0.57	0.95	0.56	0.15	0.52	0.3	0.9	-0.01	-0.15	0.34	0.38	0.74	0.76
Total Stockholder Equity	0.45		-0.24	0.98	-0.76	0.64	-0.28	0.26	0.48	0.16	-0.84	0.36	0.87	0.86	0.81	0.04	0.25	0.27	-0.11	0.01	0.21	0.24	0.3
Net Debt	0.6	-0.24		-0.14	0.48	-0.03	0.84	0.42	0.54	0.82	0.01	0.68	0.15	-0.34	0.19	0.33	0.72	-0.01	0.02	0.67	0.03	0.58	0.25
Retained Earnings	0.56	0.98	-0.14		-0.68	0.64	-0.2	0.27	0.49	0.23	-0.88	0.44	0.86	0.83	0.8	0.08	0.31	0.13	-0.18	0.08	0.14	0.24	0.35
Accounts Payable	-0.03	-0.76	0.48	-0.68		-0.33	0.57	0.1	-0.02	0.26	0.44	0.1	-0.69	-0.63	-0.52	-0.01	0.2	-0.43	0.12	0.02	-0.05	0.1	-0.12
Net Receivables	0.15	0.64	-0.03	0.64	-0.33		-0.35	-0.12	0.38	0.14	-0.61	0.18	0.61	0.82	0.72	-0.34	0.09	0.2	0.23	0.22	-0.33	-0.06	-0.31
Total Liab	0.67	-0.28	0.84	-0.2	0.57	-0.35		0.73	0.59	0.83	0.05	0.76	-0.04	-0.52	-0.03	0.39	0.84	-0.08	0.08	0.34	0.45	0.79	0.56
Total Current Assets	0.72	0.26	0.42	0.27	0.1	-0.12	0.73		0.74	0.68	-0.29	0.79	0.32	-0.04	0.28	0.32	0.84	0.04	0.2	0.04	0.77	0.93	0.77
Intangible Assets	0.78	0.48	0.54	0.49	-0.02	0.38	0.59	0.74		0.87	-0.57	0.88	0.58	0.22	0.58	0.24	0.89	0.36	0.19	0.41	0.47	0.85	0.45
Good Will	0.85	0.16	0.82	0.23	0.26	0.14	0.83	0.68	0.87		-0.33	0.92	0.38	-0.1	0.4	0.31	0.95	0.21	0.09	0.51	0.38	0.79	0.47
Short Term Investments	-0.57	-0.84	0.01	-0.88	0.44	-0.61	0.05	-0.29	-0.57	-0.33		-0.47	-0.74	-0.71	-0.79	-0.16	-0.37	-0.05	0.11	-0.18	-0.14	-0.3	-0.29
Long Term Debt	0.95	0.36	0.68	0.44	0.1	0.18	0.76	0.79	0.88	0.92	-0.47		0.48	0.09	0.45	0.2	0.98	0.11	0.07	0.34	0.43	0.86	0.7
Short Term Debt	0.56	0.87	0.15	0.86	-0.69	0.61	-0.04	0.32	0.58	0.38	-0.74	0.48		0.73	0.94	0.19	0.4	0.37	-0.05	0.35	0.17	0.38	0.28
Property Plant Equipment	0.15	0.86	-0.34	0.83	-0.63	0.82	-0.52	-0.04	0.22	-0.1	-0.71	0.09	0.73		0.77	-0.32	-0.03	0.14	0.01	-0.13	-0.12	-0.08	-0.03
Current Deferred Revenue	0.52	0.81	0.19	0.8	-0.52	0.72	-0.03	0.28	0.58	0.4	-0.79	0.45	0.94	0.77		0.11	0.37	0.27	0.02	0.33	0.1	0.32	0.14
Net Tangible Assets	0.3	0.04	0.33	0.08	-0.01	-0.34	0.39	0.32	0.24	0.31	-0.16	0.2	0.19	-0.32	0.11		0.26	-0.09	-0.44	0.5	0.34	0.37	0.2
Long Term Debt Total	0.9	0.25	0.72	0.31	0.2	0.09	0.84	0.84	0.89	0.95	-0.37	0.98	0.4	-0.03	0.37	0.26		0.15	0.14	0.31	0.54	0.91	0.67
Capital Surpluse	-0.01	0.27	-0.01	0.13	-0.43	0.2	-0.08	0.04	0.36	0.21	-0.05	0.11	0.37	0.14	0.27	-0.09	0.15		0.39	0.09	0.33	0.25	-0.09
Long Term Investments	-0.15	-0.11	0.02	-0.18	0.12	0.23	0.08	0.2	0.19	0.09	0.11	0.07	-0.05	0.01	0.02	-0.44	0.14	0.39		-0.21	0.24	0.22	-0.12
Short Long Term Debt	0.34	0.01	0.67	0.08	0.02	0.22	0.34	0.04	0.41	0.51	-0.18	0.34	0.35	-0.13	0.33	0.5	0.31	0.09	-0.21		-0.32	0.21	-0.12
Cash And Equivalents	0.38	0.21	0.03	0.14	-0.05	-0.33	0.45	0.77	0.47	0.38	-0.14	0.43	0.17	-0.12	0.1	0.34	0.54	0.33	0.24	-0.32		0.72	0.6
Net Invested Capital	0.74	0.24	0.58	0.24	0.1	-0.06	0.79	0.93	0.85	0.79	-0.3	0.86	0.38	-0.08	0.32	0.37	0.91	0.25	0.22	0.21	0.72		0.7
Net Working Capital	0.76	0.3	0.25	0.35	-0.12	-0.31	0.56	0.77	0.45	0.47	-0.29	0.7	0.28	-0.03	0.14	0.2	0.67	-0.09	-0.12	-0.12	0.6	0.7

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Steelcase Price To Book Historical Pattern

Today, most investors in Steelcase Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Steelcase's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's price to book growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Steelcase price to book as a starting point in their analysis.

Steelcase Price To Book

Timeline

Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.

Competition

Predict Steelcase

Price Book Value Ratio Over Time

Steelcase Book Value Per Share

Book Value Per Share

6.37

At this time, Steelcase's Book Value Per Share is comparatively stable compared to the past year.

Based on the latest financial disclosure, Steelcase has a Price To Book of 1.5892 times. This is 73.06% lower than that of the Commercial Services & Supplies sector and significantly higher than that of the Industrials industry. The price to book for all United States stocks is 83.29% higher than that of the company.

Steelcase Price To Book Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Steelcase's direct or indirect competition against its Price To Book to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Steelcase could also be used in its relative valuation, which is a method of valuing Steelcase by comparing valuation metrics of similar companies.

Steelcase is currently under evaluation in price to book category among its peers.

Steelcase ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Steelcase's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Steelcase's managers, analysts, and investors.

Environmental

Governance

Social

Steelcase Fundamentals

	Return On Equity	0.14
	Return On Asset	0.039
	Profit Margin	0.04 %
	Operating Margin	0.06 %
	Current Valuation	1.76 B
	Shares Outstanding	93.96 M
	Shares Owned By Insiders	12.57 %
	Shares Owned By Institutions	96.08 %
	Number Of Shares Shorted	1.57 M
	Price To Earning	38.64 X
	Price To Book	1.59 X
	Price To Sales	0.47 X
	Revenue	3.16 B
	Gross Profit	921.9 M
	EBITDA	216.6 M
	Net Income	81.1 M
	Cash And Equivalents	90.4 M
	Cash Per Share	0.46 X
	Total Debt	630 M
	Debt To Equity	0.97 %
	Current Ratio	1.31 X
	Book Value Per Share	8.19 X
	Cash Flow From Operations	308.7 M
	Short Ratio	3.02 X
	Earnings Per Share	1.06 X
	Price To Earnings To Growth	1.15 X
	Target Price	16.5
	Number Of Employees	11.3 K
	Beta	1.33
	Market Capitalization	1.48 B
	Total Asset	2.24 B
	Retained Earnings	912.8 M
	Working Capital	352.3 M
	Current Asset	823.9 M
	Current Liabilities	557.5 M
	Annual Yield	0.03 %
	Five Year Return	3.80 %
	Net Asset	2.24 B
	Last Dividend Paid	0.4

About Steelcase Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Steelcase's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Steelcase using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Steelcase based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

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Additional Tools for Steelcase Stock Analysis

When running Steelcase's price analysis, check to measure Steelcase's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Steelcase is operating at the current time. Most of Steelcase's value examination focuses on studying past and present price action to predict the probability of Steelcase's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Steelcase's price. Additionally, you may evaluate how the addition of Steelcase to your portfolios can decrease your overall portfolio volatility.

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