P/E ratio for Mechel PAO (MTL)
P/E ratio as of April 2024 (TTM): -4.43
According to Mechel PAO's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -4.42974. At the end of 2020 the company had a P/E ratio of 39.5.
P/E ratio history for Mechel PAO from 2005 to 2021
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2020 | 39.5 | 265.79% |
| 2019 | 10.8 | 364.8% |
| 2018 | 2.33 | -57.38% |
| 2017 | 5.46 | -46.74% |
| 2016 | 10.2 | -4820.87% |
| 2015 | -0.2171 | 231.61% |
| 2014 | -0.0655 | -82.06% |
| 2013 | -0.3648 | -79.19% |
| 2012 | -1.75 | -132.17% |
| 2011 | 5.45 | -71.01% |
| 2010 | 18.8 | -114.83% |
| 2009 | -127 | -8589.45% |
| 2008 | 1.49 | -89.92% |
| 2007 | 14.8 | 158.16% |
| 2006 | 5.74 | -32.69% |
| 2005 | 8.52 | 311.37% |
| 2004 | 2.07 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 BHP Group BHP | 4.68 | -205.76% | 🇦🇺 Australia |
 Nucor
NUE | 8.90 | -300.83% | 🇺🇸 USA |
 Rio Tinto RIO | N/A | N/A | 🇬🇧 UK |
 ArcelorMittal MT | 5.17 | -216.67% | 🇱🇺 Luxembourg |
 POSCO PKX | 22.2 | -601.44% | 🇰🇷 S. Korea |
 U.S. Steel
X | 7.32 | -265.18% | 🇺🇸 USA |
 Companhia Siderúrgica Nacional
SID | -31.0 | 598.75% | 🇧🇷 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.