Tenaris
TS
#963
Rank
โ‚น1.736 T
Marketcap
โ‚น3,126
Share price
-0.03%
Change (1 day)
10.29%
Change (1 year)

P/E ratio for Tenaris (TS)

P/E ratio as of November 2024 (TTM): 5.29

According to Tenaris's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.28571. At the end of 2022 the company had a P/E ratio of 8.14.

P/E ratio history for Tenaris from 2003 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20228.14-27.43%
202111.2-175.9%
2020-14.8-182.04%
201918.025.67%
201814.3-65.3%
201741.3-91.06%
2016462822.37%
201550.1228.42%
201415.3-9.2%
201316.814.86%
201214.6-11.07%
201116.5-35.51%
201025.516.04%
200922.0276.5%
20085.84-57.57%
200713.8-8.96%
200615.142.6%
200510.643.09%
20047.41-69.69%
200324.4

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
7.97 50.87%๐Ÿ‡บ๐Ÿ‡ธ USA
5.18-1.95%๐Ÿ‡ฑ๐Ÿ‡บ Luxembourg
12.9 144.31%๐Ÿ‡บ๐Ÿ‡ธ USA
9.01 70.37%๐Ÿ‡ฆ๐Ÿ‡ท Argentina
22.2 319.96%๐Ÿ‡ฑ๐Ÿ‡บ Luxembourg
46.4 777.89%๐Ÿ‡บ๐Ÿ‡ธ USA
21.4 304.43%๐Ÿ‡บ๐Ÿ‡ธ USA
51.0 864.09%๐Ÿ‡บ๐Ÿ‡ธ 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.