According to ArcelorMittal's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.65164. At the end of 2022 the company had a P/E ratio of 2.64.
Year | P/E ratio | Change |
---|---|---|
2022 | 2.64 | 11.96% |
2021 | 2.36 | -108.33% |
2020 | -28.3 | 290.06% |
2019 | -7.25 | -278.13% |
2018 | 4.07 | -43.58% |
2017 | 7.21 | -50.6% |
2016 | 14.6 | -1601.52% |
2015 | -0.9723 | -95.73% |
2014 | -22.8 | 47.98% |
2013 | -15.4 | 51.78% |
2012 | -10.1 | -164.62% |
2011 | 15.7 | -36.94% |
2010 | 24.9 | -99.14% |
2009 | > 1000 | 63715.07% |
2008 | 4.51 | -65.71% |
2007 | 13.2 | 33.32% |
2006 | 9.87 | 42.93% |
2005 | 6.90 | 102.04% |
2004 | 3.42 | 196.84% |
2003 | 1.15 | -83.37% |
2002 | 6.92 | -910.86% |
2001 | -0.8537 |
Company | P/E ratio | P/E ratio differencediff. | Country |
---|---|---|---|
Commercial Metals Company CMC | 7.18 | 26.97% | ๐บ๐ธ USA |
Nucor
NUE | 10.0 | 77.12% | ๐บ๐ธ USA |
POSCO PKX | 24.5 | 333.86% | ๐ฐ๐ท S. Korea |
Ternium
TX | 27.7 | 389.72% | ๐ฑ๐บ Luxembourg |
Vale VALE | 5.80 | 2.71% | ๐ง๐ท Brazil |
U.S. Steel
X | 8.03 | 42.04% | ๐บ๐ธ USA |
Companhia Siderรบrgica Nacional
SID | -35.7 | -732.55% | ๐ง๐ท Brazil |
Gerdau GGB | 4.34 | -23.21% | ๐ง๐ท Brazil |
Cleveland-Cliffs CLF | 33.4 | 491.71% | ๐บ๐ธ USA |
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.