P/E ratio for Gerdau (GGB)

P/E ratio history for Gerdau from 2001 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
Nucor NUE	6.58	132.57%	🇺🇸 USA
ArcelorMittal MT	6.47	128.76%	🇱🇺 Luxembourg
Companhia Siderúrgica Nacional SID	-17.4	-714.35%	🇧🇷 Brazil
Steel Dynamics STLD	7.69	171.78%	🇺🇸 USA
U.S. Steel X	6.93	145.16%	🇺🇸 USA
POSCO PKX	16.1	469.75%	🇰🇷 S. Korea
Commercial Metals Company CMC	5.42	91.66%	🇺🇸 USA
Grupo Simec SIM	21.9	675.54%	🇲🇽 Mexico
Vale VALE	4.46	57.76%	🇧🇷 Brazil

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.