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How Does Worthington Industries Compare to Its Peers?

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Worthington Industries and its peers

In this article, we’ll compare Worthington Industries (WOR) with its peers. The PE (price-to-earnings) ratios of Worthington Industries (WOR), Nucor (NUE), Alcoa (AA), and Reliance Steel & Aluminum (RS) are 28.1x, 19.7x, 23.7x, and 12.9x, respectively, as of December 16, 2015.

In addition, the PBV (price-to-book value) ratios of Worthington, Nucor, Alcoa, Steel Dynamics (STLD), and Reliance Steel & Aluminum are 2.3x, 1.6x, 0.94x, 1.4x, and 1.1x, respectively.

In other words, Worthington Industries has outperformed its peers based on PE and PBV.

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ETFs that invest in Worthington Industries

The WisdomTree SmallCap Dividend ETF (DES) invests 0.30% of its holdings in Worthington.

Also, the SPDR S&P Metals and Mining ETF (XME) invests 3.4% of its holdings in Worthington. The ETF tracks an equal-weighted index of US metals and mining companies. It holds firms classified as operating in the Metals and Mining sector by GICS (Global Industry Classification Standard), including coal firms.

Finally, the iShares Morningstar Small Core ETF (JKJ) invests 0.29% of its holdings in Worthington. The ETF tracks a market-cap-weighted index of US small-cap core stocks. The index selects stocks from 90%–97% of market cap that fall into Morningstar’s core style categorization.

Comparing Worthington Industries and its ETFs

Now let’s compare Worthington with the ETFs that invest in it:

  • The year-to-date price movements of Worthington, DES, XME, and JKJ are -7.8%, -6.6%, -51.9%, and -6.2%, respectively.
  • The PE ratios of Worthington, DES, and, JKJ are 28.1x, 27.2x, and 29.7x, respectively.
  • The PBV ratios of Worthington, DES, XME, and JKJ are 2.3x, 1.9x, 1.8x, and 2.3x, respectively.

According to the findings above, ETFs are mostly ahead of Worthington Industries based on price movement. However, Worthington Industries outperformed its ETFs based on PBV.

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