P/E ratio for U.S. Steel (X)
P/E ratio as of December 2023 (TTM): 7.07
According to U.S. Steel 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.06693. At the end of 2022 the company had a P/E ratio of 2.51.
P/E ratio history for U.S. Steel from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 2.51 | 63.13% |
| 2021 | 1.54 | -159.58% |
| 2020 | -2.58 | -14.3% |
| 2019 | -3.01 | -204.15% |
| 2018 | 2.89 | -81.85% |
| 2017 | 15.9 | -241.33% |
| 2016 | -11.3 | 1356.98% |
| 2015 | -0.7733 | -102.05% |
| 2014 | 37.7 | -1921.82% |
| 2013 | -2.07 | -92.46% |
| 2012 | -27.4 | -50.27% |
| 2011 | -55.1 | 217.05% |
| 2010 | -17.4 | 236.57% |
| 2009 | -5.17 | -352.46% |
| 2008 | 2.05 | -87.43% |
| 2007 | 16.3 | 163.43% |
| 2006 | 6.18 | 1.01% |
| 2005 | 6.12 | 18.38% |
| 2004 | 5.17 | -161.52% |
| 2003 | -8.40 | -131.36% |
| 2002 | 26.8 | -462.23% |
| 2001 | -7.39 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 ArcelorMittal MT | 5.16 | -26.96% | 🇱🇺 Luxembourg |
 Worthington Industries
WOR | 12.1 | 71.38% | 🇺🇸 USA |
 Steel Dynamics
STLD | 7.61 | 7.65% | 🇺🇸 USA |
 POSCO PKX | 29.1 | 312.36% | 🇰🇷 S. Korea |
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.