Tenaris
TS
#856
Rank
NZ$50.28 B
Marketcap
NZ$99.62
Share price
0.54%
Change (1 day)
57.60%
Change (1 year)

P/E ratio for Tenaris (TS)

P/E ratio as of July 2026 (TTM): 15.1

According to Tenaris's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 15.0761. At the end of 2025 the company had a P/E ratio of 10.4.

P/E ratio history for Tenaris from 2004 to 2026

PE ratio at the end of each year

Year P/E ratio Change
202510.42.71%
202410.2109.25%
20234.85-33.56%
20227.30-25.4%
20219.79-177.78%
2020-12.6-182.83%
201915.229.8%
201811.7-64.48%
201733.0-90.82%
2016359851.88%
201537.7
201210.2

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
NOV
NOV
86.2 471.68%๐Ÿ‡บ๐Ÿ‡ธ USA
ArcelorMittal
MT
26.4 75.37%๐Ÿ‡ฑ๐Ÿ‡บ Luxembourg
YPF S.A.
YPF
-49.4-427.63%๐Ÿ‡ฆ๐Ÿ‡ท Argentina
Omega Flex
OFLX
22.0 46.21%๐Ÿ‡บ๐Ÿ‡ธ USA
Ternium
TX
16.2 7.47%๐Ÿ‡ฑ๐Ÿ‡บ Luxembourg
Valmont Industries
VMI
26.7 77.26%๐Ÿ‡บ๐Ÿ‡ธ USA
U.S. Steel
X
31.9 111.49%๐Ÿ‡บ๐Ÿ‡ธ USA
Mueller Water Products
MWA
18.9 25.05%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.