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	10.9	-34.33%	🇺🇸 USA
Nucor NUE	15.7	-4.75%	🇺🇸 USA
ArcelorMittal MT	26.8	62.16%	🇱🇺 Luxembourg
Steel Dynamics STLD	16.7	0.86%	🇺🇸 USA
Grupo Simec SIMECB.MX	26.0	57.50%	🇲🇽 Mexico
POSCO PKX	12.7	-23.10%	🇰🇷 S. Korea
Vale VALE	6.32	-61.74%	🇧🇷 Brazil
U.S. Steel X	31.9	92.95%	🇺🇸 USA
Companhia Siderúrgica Nacional SID	-2.56	-115.47%	🇧🇷 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.