P/E ratio for Grupo Simec (SIMECB.MX)

P/E ratio history for Grupo Simec from 2001 to 2025

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
Steel Dynamics STLD	21.9	36.31%	🇺🇸 USA
Nucor NUE	22.2	38.54%	🇺🇸 USA
U.S. Steel X	31.9	98.88%	🇺🇸 USA
Gerdau GGB	12.9	-19.74%	🇧🇷 Brazil
Commercial Metals Company CMC	84.8	429.23%	🇺🇸 USA
Ternium TX	12.7	-20.68%	🇱🇺 Luxembourg
ArcelorMittal MT	30.5	90.11%	🇱🇺 Luxembourg
Radius Recycling (Schnitzer Steel) RDUS	-8.33	-151.98%	🇺🇸 USA

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.