BackArcelorMittal - New York Shares - Level III Overview
ArcelorMittal - New York Shares - Level III

ArcelorMittal - New York Shares - Level III P/E Ratio

ArcelorMittal - New York Shares - Level III (MT) has a P/E ratio of 26.98, above the Materials sector average of 23.39.

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P/E Ratio

26.98

P/E Ratio

26.98

The P/E ratio compares a company's stock price to its earnings per share. A lower P/E ratio may indicate that the stock is undervalued.

P/E Ratio (Comparison Companies)

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P/E Ratio History

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P/E Ratio Comparison

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ArcelorMittal - New York Shares - Level III (MT) FAQ

As of the most recent data, MT shows a P/E ratio of 26.98. That is above the Materials sector average of 23.39. Scroll down for historical charts and peer comparison views.

The Materials sector average P/E ratio is about 23.39. ArcelorMittal - New York Shares - Level III is at 26.98, which is higher that average. That is roughly 15.4% above the sector mean. Use the comparison chart on this page to see how MT stacks up against individual peers as well.

Investors watch MT's P/E ratio because it compresses price and fundamentals into one number that is easy to compare across companies and over time. ArcelorMittal - New York Shares - Level III's latest reading is 26.98. Combining that with growth, ROE, and debt metrics usually beats relying on a single multiple.

Besides this p/e ratio page, Stockcircle has ArcelorMittal - New York Shares - Level III's full stock overview, other financial metrics, insider and congress trade tabs, and tools to follow the stock. Together they help you connect P/E ratio (currently 26.98) with ownership activity and broader fundamentals.

The Materials average P/E ratio is about 23.39, while MT is at 26.98. Typical ranges vary by sub-industry, so always sanity-check against the closest competitors, not just the whole sector bucket.