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 |
|---|---|---|
| 2021 | 3.17 | -76.42% |
| 2020 | 13.4 | 30.9% |
| 2019 | 10.3 | -10.93% |
| 2018 | 11.5 | 19.19% |
| 2017 | 9.67 | -36.56% |
| 2016 | 15.2 | -83.18% |
| 2015 | 90.6 | 141.06% |
| 2014 | 37.6 | 99.6% |
| 2013 | 18.8 | 69.57% |
| 2012 | 11.1 | 37.76% |
| 2011 | 8.06 | -9.65% |
| 2010 | 8.92 | -39% |
| 2009 | 14.6 | 128.82% |
| 2008 | 6.39 | -44.79% |
| 2007 | 11.6 | 53.36% |
| 2006 | 7.55 | 90.62% |
| 2005 | 3.96 | 2.88% |
| 2004 | 3.85 | -37.94% |
| 2003 | 6.20 | -32.43% |
| 2002 | 9.18 | -17.07% |
| 2001 | 11.1 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Commercial Metals Company CMC | 4.30 | 16.33% | 🇺🇸 USA |
 Nucor
NUE | 4.64 | 25.40% | 🇺🇸 USA |
 ArcelorMittal MT | 2.82 | -23.84% | 🇱🇺 Luxembourg |
 Mechel PAO MTL | -4.43 | -219.81% | 🇷🇺 Russia |
 Ternium
TX | 4.30 | 16.40% | 🇱🇺 Luxembourg |
 U.S. Steel
X | 1.91 | -48.43% | 🇺🇸 USA |
 Companhia Siderúrgica Nacional
SID | 7.24 | 95.95% | 🇧🇷 Brazil |
 Gerdau GGB | 2.99 | -19.00% | 🇧🇷 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.