POSCO
PKX
#1031
Rank
A$28.32 B
Marketcap
$92.53
Share price
1.01%
Change (1 day)
-26.24%
Change (1 year)

P/E ratio for POSCO (PKX)

P/E ratio as of November 2024 (TTM): 19.0

According to POSCO's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 19.0373. At the end of 2022 the company had a P/E ratio of 6.53.

P/E ratio history for POSCO from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20226.53109.72%
20213.11-78.25%
202014.341.52%
201910.1-9.66%
201811.28.8%
201710.3-28.66%
201614.4-80.73%
201574.8118.53%
201434.275.58%
201319.571%
201211.448.03%
20117.71-17.61%
20109.35-37.3%
200914.9161.78%
20085.70-52.61%
200712.057.33%
20067.6488.61%
20054.05-6.91%
20044.35-31.56%
20036.36-33.63%
20029.58-19.74%
200111.9

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
7.68-59.65%๐Ÿ‡บ๐Ÿ‡ธ USA
5.03-73.59%๐Ÿ‡ฑ๐Ÿ‡บ Luxembourg
-22.7-219.39%๐Ÿ‡ง๐Ÿ‡ท Brazil
7.27-61.81%๐Ÿ‡บ๐Ÿ‡ธ USA
22.6 18.91%๐Ÿ‡ฑ๐Ÿ‡บ Luxembourg
6.66-65.03%๐Ÿ‡บ๐Ÿ‡ธ USA
3.03-84.06%๐Ÿ‡ง๐Ÿ‡ท Brazil
-4.43-123.27%๐Ÿ‡ท๐Ÿ‡บ Russia

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.