Companhia Siderรบrgica Nacional
SID
#2424
Rank
$5.12 B
Marketcap
$3.68
Share price
0.00%
Change (1 day)
-27.27%
Change (1 year)

P/E ratio for Companhia Siderรบrgica Nacional (SID)

P/E ratio as of February 2023 (TTM): 9.70

According to Companhia Siderรบrgica Nacional 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.695. At the end of 2021 the company had a P/E ratio of 2.56.

P/E ratio history for Companhia Siderรบrgica Nacional from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
20212.56
20199.62344.07%
20182.17-97.48%
201786.0-707.09%
2016-14.2-517.7%
20153.39-105.43%
2014-62.4-279.01%
201334.9-183.95%
2012-41.5

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
5.49-43.39%๐Ÿ‡บ๐Ÿ‡ธ USA
2.32-76.09%๐Ÿ‡ฑ๐Ÿ‡บ Luxembourg
5.49-43.38%๐Ÿ‡บ๐Ÿ‡ธ USA
-4.43-145.69%๐Ÿ‡ท๐Ÿ‡บ Russia
3.79-60.90%๐Ÿ‡ฐ๐Ÿ‡ท S. Korea
2.92-69.91%๐Ÿ‡ฑ๐Ÿ‡บ Luxembourg
4.62-52.30%๐Ÿ‡ง๐Ÿ‡ท Brazil
2.22-77.09%๐Ÿ‡บ๐Ÿ‡ธ USA
4.13-57.39%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.