P/E ratio for Usiminas (USIM5.SA)
P/E ratio as of April 2024 (TTM): -25.1
According to Usiminas's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -25.1341. At the end of 2022 the company had a P/E ratio of 7.96.
P/E ratio history for Usiminas from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 7.96 | 271.01% |
| 2021 | 2.14 | -92.37% |
| 2020 | 28.1 | -48.38% |
| 2019 | 54.4 | 217.88% |
| 2018 | 17.1 | -65.11% |
| 2017 | 49.1 | -831.43% |
| 2016 | -6.71 | 1318.5% |
| 2015 | -0.4730 | -101.23% |
| 2014 | 38.5 | -62.08% |
| 2013 | 102 | -646.92% |
| 2012 | -18.6 | -142.67% |
| 2011 | 43.5 | 167.88% |
| 2010 | 16.2 | -48.07% |
| 2009 | 31.3 |
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.