Ternium
TX
#2165
Rank
$6.95 B
Marketcap
$35.43
Share price
-1.23%
Change (1 day)
-19.88%
Change (1 year)

P/E ratio for Ternium (TX)

P/E ratio as of July 2024 (TTM): 23.6

According to Ternium 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 23.5609. At the end of 2022 the company had a P/E ratio of 3.36.

P/E ratio history for Ternium from 2006 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20223.3650.26%
20212.23-78.03%
202010.234.03%
20197.59115.16%
20183.53-49.77%
20177.02-9.8%
20167.78-102.68%
2015-2901356.71%
2014-19.9-248.8%
201313.4-71.54%
201247.0539.05%
20117.36-47.97%
201014.139.69%
200910.1336.92%
20082.32-77.48%
200710.346.23%
20067.03

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
19.5-17.06%๐Ÿ‡ฐ๐Ÿ‡ท S. Korea
4.56-80.66%๐Ÿ‡ฑ๐Ÿ‡บ Luxembourg
-24.1-202.29%๐Ÿ‡ง๐Ÿ‡ท Brazil
3.11-86.79%๐Ÿ‡ง๐Ÿ‡ท Brazil
25.9 9.84%๐Ÿ‡บ๐Ÿ‡ธ USA
24.1 2.33%๐Ÿ‡ฒ๐Ÿ‡ฝ Mexico
4.43-81.19%๐Ÿ‡ฑ๐Ÿ‡บ Luxembourg

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.