P/E ratio for Ternium Argentina (TXAR.BA)
P/E ratio as of May 2024 (TTM): 8.04
According to Ternium Argentina's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.03611. At the end of 2022 the company had a P/E ratio of 0.7511.
P/E ratio history for Ternium Argentina from 2012 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 0.7511 | 62.04% |
| 2021 | 0.4635 | -86.01% |
| 2020 | 3.31 | -40.9% |
| 2019 | 5.61 | 76.92% |
| 2018 | 3.17 | -57% |
| 2017 | 7.37 | -35.35% |
| 2016 | 11.4 | -48.11% |
| 2015 | 22.0 | 93.14% |
| 2014 | 11.4 | 74.03% |
| 2013 | 6.54 | -70.86% |
| 2012 | 22.4 |
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.