Companhia Siderรบrgica Nacional
SID
#2750
Rank
$4.59 B
Marketcap
$3.38
Share price
0.30%
Change (1 day)
-3.15%
Change (1 year)

P/E ratio for Companhia Siderรบrgica Nacional (SID)

P/E ratio as of March 2024 (TTM): -38.5

According to Companhia Siderรบrgica Nacional 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -38.4908. At the end of 2022 the company had a P/E ratio of 11.5.

P/E ratio history for Companhia Siderรบrgica Nacional from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202211.5334.93%
20212.64-77.08%
202011.525.67%
20199.17322.26%
20182.17-99.13%
2017251-1482.25%
2016-18.2-635.95%
20153.39-105.12%
2014-66.2-279.31%
201336.9-194.56%
2012-39.0-807.84%
20115.51-67.17%
201016.8-0.13%
200916.8406.83%
20083.32-77.25%
200714.639.79%
200610.435.57%
20057.70-23.87%
200410.15.92%
20039.54-210.83%
2002-8.61-277.81%
20014.84

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
9.73-125.27%๐Ÿ‡บ๐Ÿ‡ธ USA
5.34-113.88%๐Ÿ‡ฑ๐Ÿ‡บ Luxembourg
8.55-122.20%๐Ÿ‡บ๐Ÿ‡ธ USA
-4.43-88.49%๐Ÿ‡ท๐Ÿ‡บ Russia
25.3-165.66%๐Ÿ‡ฐ๐Ÿ‡ท S. Korea
27.0-170.04%๐Ÿ‡ฑ๐Ÿ‡บ Luxembourg
6.39-116.59%๐Ÿ‡ง๐Ÿ‡ท Brazil
9.32-124.21%๐Ÿ‡บ๐Ÿ‡ธ USA
4.23-111.00%๐Ÿ‡ง๐Ÿ‡ท Brazil

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.