Ternium Argentina
TXAR.BA
#3225
Rank
NZ$6.29 B
Marketcap
$1.39
Share price
-0.36%
Change (1 day)
-67.86%
Change (1 year)

P/E ratio for Ternium Argentina (TXAR.BA)

P/E ratio as of November 2024 (TTM): 6.69

According to Ternium Argentina's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.68815. At the end of 2022 the company had a P/E ratio of 12.4.

P/E ratio history for Ternium Argentina from 2012 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202212.4197.45%
20214.18-62.27%
202011.16.56%
201910.4243.79%
20183.02-59.02%
20177.37-35.35%
201611.4-48.11%
201522.093.14%
201411.474.03%
20136.54-70.86%
201222.4

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.