CSN Mineração
CMIN3.SA
#2897
Rank
HK$36.15 B
Marketcap
HK$6.66
Share price
-0.95%
Change (1 day)
-39.57%
Change (1 year)
Categories

P/E ratio for CSN Mineração (CMIN3.SA)

P/E ratio as of December 2024 (TTM): 10.3

According to CSN Mineração's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.2528. At the end of 2022 the company had a P/E ratio of 7.61.

P/E ratio history for CSN Mineração from 2021 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20227.6130.08%
20215.85

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.