According to ArcelorMittal's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 2.82042. At the end of 2020 the company had a P/E ratio of -28.3.
Year | P/E ratio | Change |
---|---|---|
2020 | -28.3 | 290.06% |
2019 | -7.25 | -278.13% |
2018 | 4.07 | -43.46% |
2017 | 7.20 | -51.04% |
2016 | 14.7 | -1318.73% |
2015 | -1.21 | -94.7% |
2014 | -22.8 | 47.98% |
2013 | -15.4 | 68.56% |
2012 | -9.12 | -158.18% |
2011 | 15.7 | -35.96% |
2010 | 24.5 |
Company | P/E ratio | P/E ratio differencediff. | Country |
---|---|---|---|
![]() Commercial Metals Company CMC | 4.40 | 55.97% | ๐บ๐ธ USA |
![]() Nucor
NUE | 4.75 | 68.30% | ๐บ๐ธ USA |
![]() POSCO PKX | 3.70 | 31.09% | ๐ฐ๐ท S. Korea |
![]() Ternium
TX | 4.36 | 54.62% | ๐ฑ๐บ Luxembourg |
![]() Vale VALE | 3.90 | 38.36% | ๐ง๐ท Brazil |
![]() U.S. Steel
X | 1.93 | -31.45% | ๐บ๐ธ USA |
![]() Companhia Siderรบrgica Nacional
SID | 7.19 | 155.01% | ๐ง๐ท Brazil |
![]() Gerdau GGB | 3.11 | 10.19% | ๐ง๐ท Brazil |
![]() Cleveland-Cliffs CLF | 3.81 | 35.12% | 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.