P/E ratio for POSCO (PKX)

P/E ratio history for POSCO from 2001 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
U.S. Steel X	7.32	-53.78%	🇺🇸 USA
ArcelorMittal MT	6.95	-56.11%	🇱🇺 Luxembourg
Companhia Siderúrgica Nacional SID	-17.2	-208.88%	🇧🇷 Brazil
Nucor NUE	6.68	-57.85%	🇺🇸 USA
Ternium TX	20.5	29.43%	🇱🇺 Luxembourg
Commercial Metals Company CMC	5.67	-64.20%	🇺🇸 USA
Gerdau GGB	2.90	-81.71%	🇧🇷 Brazil
Mechel PAO MTL	-4.43	-127.97%	🇷🇺 Russia

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.