P/E ratio for Ternium (TX)

P/E ratio history for Ternium from 2006 to 2023

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
POSCO PKX	14.5	-27.63%	🇰🇷 S. Korea
ArcelorMittal MT	4.90	-75.52%	🇱🇺 Luxembourg
Companhia Siderúrgica Nacional SID	-18.2	-190.77%	🇧🇷 Brazil
Gerdau GGB	3.13	-84.34%	🇧🇷 Brazil
Allegheny Technologies ATI	24.3	21.57%	🇺🇸 USA
Grupo Simec SIM	22.2	10.94%	🇲🇽 Mexico
Tenaris TS	5.44	-72.83%	🇱🇺 Luxembourg

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.