P/E ratio for Gerdau (GGB)
P/E ratio as of April 2025 (TTM): 2.46
According to Gerdau's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 2.45972. At the end of 2022 the company had a P/E ratio of 3.63.
P/E ratio history for Gerdau from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 3.63 | 49.88% |
| 2021 | 2.42 | -83.63% |
| 2020 | 14.8 | 15.74% |
| 2019 | 12.8 | 45.84% |
| 2018 | 8.77 | -114.51% |
| 2017 | -60.4 | 1102.6% |
| 2016 | -5.02 | 230.48% |
| 2015 | -1.52 | -117.83% |
| 2014 | 8.53 | -45.53% |
| 2013 | 15.7 | -10.93% |
| 2012 | 17.6 | 89.9% |
| 2011 | 9.26 | -31.24% |
| 2010 | 13.5 | -65.7% |
| 2009 | 39.3 | 405.41% |
| 2008 | 7.77 | 14.83% |
| 2007 | 6.76 | 99.77% |
| 2006 | 3.39 | -55.17% |
| 2005 | 7.55 | 149.03% |
| 2004 | 3.03 | -29.73% |
| 2003 | 4.32 | 25.18% |
| 2002 | 3.45 | -49.94% |
| 2001 | 6.89 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 | 5.59 | 127.44% | 🇺🇸 USA |
 | 5.50 | 123.64% | 🇱🇺 Luxembourg |
 | -17.0 | -791.55% | 🇧🇷 Brazil |
 | 7.55 | 207.02% | 🇺🇸 USA |
 | 8.18 | 232.60% | 🇺🇸 USA |
 | 14.2 | 478.58% | 🇰🇷 S. Korea |
 | 5.09 | 106.87% | 🇺🇸 USA |
 | 20.6 | 738.95% | 🇲🇽 Mexico |
 | 4.35 | 76.66% | 🇧🇷 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.