P/E ratio for Usiminas (USIM5.SA)
P/E ratio as of March 2023 (TTM): 1.46
According to Usiminas's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 1.46201. At the end of 2021 the company had a P/E ratio of 2.14.
P/E ratio history for Usiminas from 2010 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 2.14 | -92.37% |
| 2020 | 28.1 | -49.78% |
| 2019 | 55.9 | 226.71% |
| 2018 | 17.1 | -66.13% |
| 2017 | 50.6 | -839.84% |
| 2016 | -6.83 | 1346.02% |
| 2015 | -0.4726 | -101.22% |
| 2014 | 38.8 | -138.27% |
| 2013 | -102 | 374.94% |
| 2012 | -21.4 | -148.43% |
| 2011 | 44.1 | 250.1% |
| 2010 | 12.6 | -30.53% |
| 2009 | 18.1 | 346.95% |
| 2008 | 4.06 | -51.99% |
| 2007 | 8.46 | 19.99% |
| 2006 | 7.05 | 120.44% |
| 2005 | 3.20 | -18.46% |
| 2004 | 3.92 | -33.05% |
| 2003 | 5.86 |
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.