Gerdau
GGB
#1437
Rank
$10.84 B
Marketcap
$6.35
Share price
-3.05%
Change (1 day)
23.54%
Change (1 year)

P/E ratio for Gerdau (GGB)

P/E ratio as of January 2023 (TTM): 4.10

According to Gerdau's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 4.09841. At the end of 2021 the company had a P/E ratio of 2.90.

P/E ratio history for Gerdau from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
20212.90-83.75%
202017.9-34.67%
201927.3160.48%
201810.5-115.46%
2017-67.81028.93%
2016-6.01229.36%
2015-1.82-117.83%
201410.2
201221.1

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
5.44 32.69%๐Ÿ‡บ๐Ÿ‡ธ USA
5.23 27.72%๐Ÿ‡บ๐Ÿ‡ธ USA
2.35-42.61%๐Ÿ‡ฑ๐Ÿ‡บ Luxembourg
5.01 22.28%๐Ÿ‡บ๐Ÿ‡ธ USA
11.5 181.17%๐Ÿ‡ฒ๐Ÿ‡ฝ Mexico
3.77-7.91%๐Ÿ‡ฐ๐Ÿ‡ท S. Korea
4.68 14.11%๐Ÿ‡ง๐Ÿ‡ท Brazil
2.18-46.75%๐Ÿ‡บ๐Ÿ‡ธ USA
9.41 129.48%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.