According to Ternium Argentina's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.97781. At the end of 2022 the company had a P/E ratio of 12.4.
Year | P/E ratio | Change |
---|---|---|
2022 | 12.4 | 197.45% |
2021 | 4.18 | -62.27% |
2020 | 11.1 | 6.56% |
2019 | 10.4 | 243.79% |
2018 | 3.02 | -59.02% |
2017 | 7.37 | -35.35% |
2016 | 11.4 | -48.11% |
2015 | 22.0 | 93.14% |
2014 | 11.4 | 74.03% |
2013 | 6.54 | -70.86% |
2012 | 22.4 |
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.