ArcelorMittal
MT
#604
Rank
ยฃ29.65 B
Marketcap
ยฃ38.70
Share price
-1.44%
Change (1 day)
56.10%
Change (1 year)

P/E ratio for ArcelorMittal (MT)

P/E ratio as of March 2026 (TTM): 36.2

According to ArcelorMittal's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 36.2042. At the end of 2024 the company had a P/E ratio of 34.4.

P/E ratio history for ArcelorMittal from 2014 to 2025

PE ratio at the end of each year

Year P/E ratio Change
202434.4-32.33%
202350.81517.78%
20223.14-55.11%
20217.00-104.56%
2020-154643.12%
2019-20.7-382.51%
20187.32-11.55%
20178.28-38.08%
201613.4-800.79%
2015-1.91-86.24%
2014-13.9

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
Commercial Metals Company
CMC
15.7-56.69%๐Ÿ‡บ๐Ÿ‡ธ USA
Nucor
NUE
21.4-40.96%๐Ÿ‡บ๐Ÿ‡ธ USA
POSCO
PKX
17.9-50.47%๐Ÿ‡ฐ๐Ÿ‡ท S. Korea
Ternium
TX
12.9-64.28%๐Ÿ‡ฑ๐Ÿ‡บ Luxembourg
Vale
VALE
7.27-79.91%๐Ÿ‡ง๐Ÿ‡ท Brazil
U.S. Steel
X
31.9-11.93%๐Ÿ‡บ๐Ÿ‡ธ USA
Companhia Siderรบrgica Nacional
SID
-8.68-123.97%๐Ÿ‡ง๐Ÿ‡ท Brazil
Gerdau
GGB
12.1-66.60%๐Ÿ‡ง๐Ÿ‡ท Brazil
Cleveland-Cliffs
CLF
-2.41-106.65%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.