P/E ratio for Tenaris (TS)

P/E ratio history for Tenaris from 2004 to 2026

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
NOV NOV	86.0	525.51%	🇺🇸 USA
ArcelorMittal MT	28.8	109.64%	🇱🇺 Luxembourg
YPF S.A. YPF	-47.5	-445.83%	🇦🇷 Argentina
Omega Flex OFLX	21.5	56.38%	🇺🇸 USA
Ternium TX	18.6	35.20%	🇱🇺 Luxembourg
Valmont Industries VMI	27.1	97.03%	🇺🇸 USA
U.S. Steel X	31.9	131.90%	🇺🇸 USA
Mueller Water Products MWA	19.2	39.51%	🇺🇸 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.