ArcelorMittal (MT) Price to Book (2009 - 2026)
ArcelorMittal's (MT) Price to Book came in at 0.81 for Q2 2026, up 87.7% from 0.43 a year earlier and up 16.6% from the prior quarter.
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Analysis
ArcelorMittal (MT) Price to Book (2009 - 2026) Analysis & Trends
For FY2025, ArcelorMittal's Price to Book stood at 0.61, up 77.0% from FY2024.
- In prior years, ArcelorMittal's Price to Book was 0.35 in FY2024 (-16.4%), 0.41 in FY2023 (+10.1%), 0.38 in FY2022 (-33.3%) and 0.56 in FY2021 (-8.2%).
- The Q2 2026 figure stands as the highest quarterly Price to Book since Q2 2010.
- On a year-over-year basis, Price to Book has increased in each of the last six quarters, with growth averaging 34.8% over the last eight quarters.
- The strongest year-over-year quarter for Price to Book in the past five years was Q2 2026, with growth of 87.7%; the weakest was Q2 2022, with a decline of 49.7%.
- According to Business Quant data, Price to Book for the three prior quarters was 0.69 (Q1 2026), 0.61 (Q4 2025) and 0.49 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Rio Tinto | 182.38 Bn | 151.41 Bn | - |
| 2 | Southern Copper | 169.07 Bn | 147.85 Bn | 2.90 Bn |
| 3 | Rio Tinto | 142.72 Bn | 103.22 Bn | - |
| 4 | Newmont | 124.86 Bn | 92.86 Bn | 4.03 Bn |
| 5 | Freeport-Mcmoran | 99.12 Bn | 83.16 Bn | 2.19 Bn |
| 6 | Agnico Eagle Mines | 93.88 Bn | 83.51 Bn | 2.43 Bn |
| 7 | Barrick Mining | 69.21 Bn | 44.41 Bn | 2.90 Bn |
| 8 | Nucor | 59.25 Bn | 48.64 Bn | 2.03 Bn |
| 9 | ArcelorMittal | 48.14 Bn | 27.16 Bn | - |
| 10 | AngloGold Ashanti | 46.43 Bn | 34.32 Bn | 1.70 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.84 |
| Mar 31, 2026 | 0.72 |
| Dec 31, 2025 | 0.64 |
| Sep 30, 2025 | 0.51 |
| Jun 30, 2025 | 0.45 |
| Mar 31, 2025 | 0.43 |
| Dec 31, 2024 | 0.36 |
| Sep 30, 2024 | 0.40 |
| Jun 30, 2024 | 0.36 |
| Mar 31, 2024 | 0.42 |
| Dec 31, 2023 | 0.43 |
| Sep 30, 2023 | 0.36 |
| Jun 30, 2023 | 0.40 |
| Mar 31, 2023 | 0.45 |
| Dec 31, 2022 | 0.40 |
| Sep 30, 2022 | 0.35 |
| Jun 30, 2022 | 0.38 |
| Mar 31, 2022 | 0.54 |
| Dec 31, 2021 | 0.59 |
| Sep 30, 2021 | 0.69 |
API Access
ArcelorMittal Price to Book API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=price-to-book&ticker=MT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-book", "ticker": "MT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=price-to-book&ticker=MT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();