P/E ratio for TimkenSteel (TMST)
P/E ratio as of May 2023 (TTM): 19.7
According to TimkenSteel's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 19.7191. At the end of 2021 the company had a P/E ratio of 4.44.
P/E ratio history for TimkenSteel from 2014 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 4.44 | |
| 2019 | -3.93 | -68.07% |
| 2018 | -12.3 | -19.77% |
| 2017 | -15.3 | 142.84% |
| 2016 | -6.32 | 25.16% |
| 2015 | -5.05 | -131.49% |
| 2014 | 16.0 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Nucor
NUE | 5.21 | -73.58% | 🇺🇸 USA |
 Steel Dynamics
STLD | 4.95 | -74.89% | 🇺🇸 USA |
 U.S. Steel
X | 2.82 | -85.72% | 🇺🇸 USA |
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.