P/E ratio for Ternium (TX)

P/E ratio history for Ternium from 2006 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
POSCO PKX	21.7	-6.78%	🇰🇷 S. Korea
ArcelorMittal MT	4.90	-78.91%	🇱🇺 Luxembourg
Companhia Siderúrgica Nacional SID	-23.3	-200.29%	🇧🇷 Brazil
Gerdau GGB	3.21	-86.16%	🇧🇷 Brazil
Allegheny Technologies ATI	27.4	17.90%	🇺🇸 USA
Grupo Simec SIM	23.6	1.44%	🇲🇽 Mexico
Tenaris TS	4.22	-81.85%	🇱🇺 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.