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
Commercial Metals Company CMC	10.5	-34.15%	🇺🇸 USA
Nucor NUE	15.6	-2.53%	🇺🇸 USA
ArcelorMittal MT	25.5	59.69%	🇱🇺 Luxembourg
Steel Dynamics STLD	16.4	2.43%	🇺🇸 USA
Grupo Simec SIMECB.MX	26.0	62.90%	🇲🇽 Mexico
POSCO PKX	12.6	-20.97%	🇰🇷 S. Korea
Vale VALE	6.13	-61.62%	🇧🇷 Brazil
U.S. Steel X	31.9	99.56%	🇺🇸 USA
Companhia Siderúrgica Nacional SID	-2.63	-116.45%	🇧🇷 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.