Ternium
TX
#2063
Rank
$5.51 B
Marketcap
๐Ÿ‡ฑ๐Ÿ‡บ Luxembourg
Country
$28.12
Share price
-1.79%
Change (1 day)
-32.45%
Change (1 year)

P/E ratio for Ternium (TX)

P/E ratio as of October 2022 (TTM): 1.46

According to Ternium 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 1.46317. At the end of 2021 the company had a P/E ratio of 2.23.

P/E ratio history for Ternium from 2006 to 2022

PE ratio at the end of each year

Year P/E ratio Change
20212.23-70.35%
20207.53
20183.44
20167.78-133.15%
2015-23.5-421.22%
20147.31-45.37%
201313.4-58.31%
201232.1

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.