Tree Island Steel Ltd. (TO:TSL) — Market Cap & Net Worth
Market Cap & Net Worth: Tree Island Steel Ltd. (TSL)
Tree Island Steel Ltd. (TO:TSL) has a market capitalization of $39.87 Million (CA$55.12 Million) as of August 1, 2026. Listed on the TO stock exchange, this Canada-based company holds position #22690 globally and #806 in its home market, demonstrating a 1.43% increase in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Tree Island Steel Ltd.'s stock price CA$2.13 by its total outstanding shares 25875679 (25.88 Million). See TSL capital expenditure intensity to understand how much of operating cash flow is reinvested back into capital assets.
Tree Island Steel Ltd. Market Cap History: 2015 to 2026
Tree Island Steel Ltd.'s market capitalization history from 2015 to 2026. Data shows growth from $38.25 Million to $39.87 Million (1.74% CAGR).
Tree Island Steel Ltd. Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Tree Island Steel Ltd.'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
0.32x
Tree Island Steel Ltd.'s market cap is 0.32 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 |
|---|---|---|---|---|---|
| 2016 | $53.01 Million | $231.25 Million | $13.57 Million | 0.23x | 3.91x |
| 2017 | $30.47 Million | $234.71 Million | -$1.64 Million | 0.13x | N/A |
| 2018 | $25.11 Million | $235.31 Million | $2.59 Million | 0.11x | 9.68x |
| 2019 | $26.50 Million | $200.41 Million | -$5.19 Million | 0.13x | N/A |
| 2020 | $34.26 Million | $215.89 Million | $5.13 Million | 0.16x | 6.68x |
| 2021 | $69.75 Million | $301.85 Million | $87.97 Million | 0.23x | 0.79x |
| 2022 | $57.68 Million | $359.56 Million | $33.11 Million | 0.16x | 1.74x |
| 2023 | $62.62 Million | $239.57 Million | $7.55 Million | 0.26x | 8.30x |
| 2024 | $59.15 Million | $206.99 Million | -$3.91 Million | 0.29x | N/A |
| 2025 | $55.22 Million | $170.83 Million | -$5.33 Million | 0.32x | N/A |
Competitor Companies of TSL by Market Capitalization
Companies near Tree Island Steel Ltd. in the global market cap rankings as of August 1, 2026.
Key companies related to Tree Island Steel Ltd. by market ranking:
- ArcelorMittal SA ADR (NYSE:MT): Ranked #598 globally with a market cap of $45.32 Billion USD.
- ArcelorMittal SA (AS:MT): Ranked #664 globally with a market cap of $40.19 Billion USD ( €34.37 Billion EUR).
- ArcelorMittal SA (XETRA:ARRD): Ranked #671 globally with a market cap of $39.90 Billion USD ( €34.13 Billion EUR).
- ArcelorMittal SA (MC:MTS): Ranked #675 globally with a market cap of $39.75 Billion USD ( €34.00 Billion EUR).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #598 | ArcelorMittal SA ADR | NYSE:MT | $45.32 Billion | $59.54 |
| #664 | ArcelorMittal SA | AS:MT | $40.19 Billion | €60.74 |
| #671 | ArcelorMittal SA | XETRA:ARRD | $39.90 Billion | €60.56 |
| #675 | ArcelorMittal SA | MC:MTS | $39.75 Billion | €60.64 |
Tree Island Steel Ltd. Historical Marketcap From 2015 to 2026
Between 2015 and today, Tree Island Steel Ltd.'s market cap moved from $38.25 Million to $ 39.87 Million, with a yearly change of 1.74%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | CA$39.87 Million | -27.80% |
| 2025 | CA$55.22 Million | -6.65% |
| 2024 | CA$59.15 Million | -5.54% |
| 2023 | CA$62.62 Million | +8.56% |
| 2022 | CA$57.68 Million | -17.30% |
| 2021 | CA$69.75 Million | +103.60% |
| 2020 | CA$34.26 Million | +29.27% |
| 2019 | CA$26.50 Million | +5.53% |
| 2018 | CA$25.11 Million | -17.57% |
| 2017 | CA$30.47 Million | -42.53% |
| 2016 | CA$53.01 Million | +38.60% |
| 2015 | CA$38.25 Million | -- |
End of Day Market Cap According to Different Sources
On Aug 1st, 2026 the market cap of Tree Island Steel Ltd. was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $39.87 Million USD |
| MoneyControl | $39.87 Million USD |
| MarketWatch | $39.87 Million USD |
| marketcap.company | $39.87 Million USD |
| Reuters | $39.87 Million USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About Tree Island Steel Ltd.
Tree Island Steel Ltd. manufactures and sells steel wire and fabricated steel wire products in Canada, the United States, and internationally. It offers industrial wire that include high and low carbon wires and black annealed wires; nails, such as bulk, packaged, and collated nails; agricultural products, including rolled fencing, fence panels, and agricultural wires; and welded wire reinforceme… Read more