Algoma Steel Group Inc (TO:ASTL) — Market Cap & Net Worth
Market Cap & Net Worth: Algoma Steel Group Inc (ASTL)
Algoma Steel Group Inc (TO:ASTL) has a market capitalization of $497.95 Million (CA$688.37 Million) as of May 2, 2026. Listed on the TO stock exchange, this Canada-based company holds position #12564 globally and #359 in its home market, demonstrating a 7.72% increase in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Algoma Steel Group Inc's stock price CA$6.56 by its total outstanding shares 104933802 (104.93 Million). Review Algoma Steel Group Inc (ASTL) financial obligations to assess the company's total debt and financial obligations.
Algoma Steel Group Inc Market Cap History: 2021 to 2026
Algoma Steel Group Inc's market capitalization history from 2021 to 2026. Data shows change from $964.50 Million to $497.95 Million (-14.75% CAGR).
Index Memberships
Algoma Steel Group Inc is a constituent of 1 market index:
| Index | Total Market Cap | Weight (%) | Rank by Market Cap |
|---|---|---|---|
|
S&P TSX Composite Index (Canada)
GSPTSE
|
$3.68 Trillion | 0.01% | #202 of 225 |
Weight: Algoma Steel Group Inc's market cap as a percentage of total index value. Rank: Position among all constituents by market cap.
Algoma Steel Group Inc Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Algoma Steel Group Inc's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.
Latest Price to Sales (P/S) Ratio
0.17x
Algoma Steel Group Inc's market cap is 0.17 times its annual revenue
Latest Price to Earnings (P/E) Ratio
N/A
P/E ratio not applicable due to negative or zero earnings
What These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2021 | $964.50 Million | $1.79 Billion | -$76.10 Million | 0.54x | N/A |
| 2022 | $623.36 Million | $3.81 Billion | $857.70 Million | 0.16x | 0.73x |
| 2023 | $996.26 Million | $2.78 Billion | $298.50 Million | 0.36x | 3.34x |
| 2024 | $1.07 Billion | $2.80 Billion | $105.20 Million | 0.38x | 10.16x |
| 2025 | $428.88 Million | $2.45 Billion | -$222.67 Million | 0.17x | N/A |
Competitor Companies of ASTL by Market Capitalization
Companies near Algoma Steel Group Inc in the global market cap rankings as of May 2, 2026.
Key companies related to Algoma Steel Group Inc by market ranking:
- ArcelorMittal SA ADR (NYSE:MT): Ranked #577 globally with a market cap of $45.32 Billion USD.
- ArcelorMittal SA (AS:MT): Ranked #671 globally with a market cap of $39.68 Billion USD ( €33.94 Billion EUR).
- ArcelorMittal SA (MC:MTS): Ranked #689 globally with a market cap of $38.59 Billion USD ( €33.01 Billion EUR).
- Nucor Corp (NYSE:NUE): Ranked #741 globally with a market cap of $35.76 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #577 | ArcelorMittal SA ADR | NYSE:MT | $45.32 Billion | $59.54 |
| #671 | ArcelorMittal SA | AS:MT | $39.68 Billion | €49.24 |
| #689 | ArcelorMittal SA | MC:MTS | $38.59 Billion | €49.24 |
| #741 | Nucor Corp | NYSE:NUE | $35.76 Billion | $226.04 |
Algoma Steel Group Inc Historical Marketcap From 2021 to 2026
Between 2021 and today, Algoma Steel Group Inc's market cap moved from $964.50 Million to $ 497.95 Million, with a yearly change of -14.75%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | CA$497.95 Million | +16.11% |
| 2025 | CA$428.88 Million | -59.87% |
| 2024 | CA$1.07 Billion | +7.28% |
| 2023 | CA$996.26 Million | +59.82% |
| 2022 | CA$623.36 Million | -35.37% |
| 2021 | CA$964.50 Million | -- |
End of Day Market Cap According to Different Sources
On May 2nd, 2026 the market cap of Algoma Steel Group Inc was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $497.95 Million USD |
| MoneyControl | $497.95 Million USD |
| MarketWatch | $497.95 Million USD |
| marketcap.company | $497.95 Million USD |
| Reuters | $497.95 Million USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About Algoma Steel Group Inc
Algoma Steel Group Inc. produces and sells steel products in Canada, the United States, and internationally. The company offers flat/sheet steel products, including temper rolling, cold rolled, hot-rolled pickled and oiled products, floor plate, and cut-to-length products for the automotive industry, hollow structural product manufacturers, and the light manufacturing and transportation industrie… Read more