POSCO
PKX
#874
Rank
$18.84 B
Marketcap
$61.46
Share price
1.05%
Change (1 day)
2.30%
Change (1 year)

P/E ratio for POSCO (PKX)

P/E ratio as of March 2023 (TTM): 3.70

According to POSCO's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 3.69729. At the end of 2021 the company had a P/E ratio of 3.17.

P/E ratio history for POSCO from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
20213.17-76.42%
202013.430.9%
201910.3-10.93%
201811.519.19%
20179.67-36.56%
201615.2-83.18%
201590.6141.06%
201437.699.6%
201318.869.57%
201211.137.76%
20118.06-9.65%
20108.92-39%
200914.6128.82%
20086.39-44.79%
200711.653.36%
20067.5590.62%
20053.962.88%
20043.85-37.94%
20036.20-32.43%
20029.18-17.07%
200111.1

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
4.30 16.33%๐Ÿ‡บ๐Ÿ‡ธ USA
4.64 25.40%๐Ÿ‡บ๐Ÿ‡ธ USA
2.82-23.84%๐Ÿ‡ฑ๐Ÿ‡บ Luxembourg
-4.43-219.81%๐Ÿ‡ท๐Ÿ‡บ Russia
4.30 16.40%๐Ÿ‡ฑ๐Ÿ‡บ Luxembourg
1.91-48.43%๐Ÿ‡บ๐Ÿ‡ธ USA
7.24 95.95%๐Ÿ‡ง๐Ÿ‡ท Brazil
2.99-19.00%๐Ÿ‡ง๐Ÿ‡ท 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.