ArcelorMittal
MT
#837
Rank
$17.78 B
Marketcap
๐Ÿ‡ฑ๐Ÿ‡บ Luxembourg
Country
$19.95
Share price
-1.87%
Change (1 day)
-34.03%
Change (1 year)

P/E ratio for ArcelorMittal (MT)

P/E ratio as of September 2022 (TTM): 1.39

According to ArcelorMittal's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 1.39316. At the end of 2019 the company had a P/E ratio of -7.25.

P/E ratio history for ArcelorMittal from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
2019-7.25-278.13%
20184.07-43.46%
20177.20-51.04%
201614.7-1318.73%
2015-1.21-94.7%
2014-22.847.98%
2013-15.468.56%
2012-9.12-158.18%
201115.7-35.96%
201024.5

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.