P/E ratio for POSCO (PKX)
P/E ratio as of April 2024 (TTM): 22.4
According to POSCO's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 22.3501. At the end of 2022 the company had a P/E ratio of 6.53.
P/E ratio history for POSCO from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 6.53 | 109.72% |
| 2021 | 3.11 | -78.25% |
| 2020 | 14.3 | 41.52% |
| 2019 | 10.1 | -9.66% |
| 2018 | 11.2 | 8.8% |
| 2017 | 10.3 | -28.66% |
| 2016 | 14.4 | -80.73% |
| 2015 | 74.8 | 118.53% |
| 2014 | 34.2 | 75.58% |
| 2013 | 19.5 | 71% |
| 2012 | 11.4 | 48.03% |
| 2011 | 7.71 | -17.61% |
| 2010 | 9.35 | -37.3% |
| 2009 | 14.9 | 161.78% |
| 2008 | 5.70 | -52.61% |
| 2007 | 12.0 | 57.33% |
| 2006 | 7.64 | 88.61% |
| 2005 | 4.05 | -6.91% |
| 2004 | 4.35 | -31.56% |
| 2003 | 6.36 | -33.63% |
| 2002 | 9.58 | -19.74% |
| 2001 | 11.9 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Commercial Metals Company CMC | 6.65 | -70.25% | 🇺🇸 USA |
 Nucor
NUE | 8.83 | -60.48% | 🇺🇸 USA |
 ArcelorMittal MT | 5.16 | -76.90% | 🇱🇺 Luxembourg |
 Mechel PAO MTL | -4.43 | -119.82% | 🇷🇺 Russia |
 Ternium
TX | 28.3 | 26.81% | 🇱🇺 Luxembourg |
 U.S. Steel
X | 7.47 | -66.58% | 🇺🇸 USA |
 Companhia Siderúrgica Nacional
SID | -32.2 | -244.11% | 🇧🇷 Brazil |
 Gerdau GGB | 3.59 | -83.92% | 🇧🇷 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.