ArcelorMittal
MT
#506
Rank
NZ$82.77 B
Marketcap
NZ$108.01
Share price
-1.42%
Change (1 day)
107.19%
Change (1 year)

P/E ratio for ArcelorMittal (MT)

P/E ratio as of March 2026 (TTM): 45.9

According to ArcelorMittal's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 45.8873. At the end of 2024 the company had a P/E ratio of 34.4.

P/E ratio history for ArcelorMittal from 2014 to 2025

PE ratio at the end of each year

Year P/E ratio Change
202434.4-32.33%
202350.81517.78%
20223.14-55.11%
20217.00-104.56%
2020-154643.12%
2019-20.7-382.51%
20187.32-11.55%
20178.28-38.08%
201613.4-800.79%
2015-1.91-86.24%
2014-13.9

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
Commercial Metals Company
CMC
18.7-59.25%๐Ÿ‡บ๐Ÿ‡ธ USA
Nucor
NUE
23.5-48.88%๐Ÿ‡บ๐Ÿ‡ธ USA
POSCO
PKX
21.8-52.59%๐Ÿ‡ฐ๐Ÿ‡ท S. Korea
Ternium
TX
14.8-67.67%๐Ÿ‡ฑ๐Ÿ‡บ Luxembourg
Vale
VALE
8.50-81.47%๐Ÿ‡ง๐Ÿ‡ท Brazil
U.S. Steel
X
31.9-30.52%๐Ÿ‡บ๐Ÿ‡ธ USA
Companhia Siderรบrgica Nacional
SID
-12.5-127.16%๐Ÿ‡ง๐Ÿ‡ท Brazil
Gerdau
GGB
14.9-67.54%๐Ÿ‡ง๐Ÿ‡ท Brazil
Cleveland-Cliffs
CLF
-3.14-106.83%๐Ÿ‡บ๐Ÿ‡ธ USA

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.