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 30.59, above the Materials sector average of 24.82.

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P/E Ratio

30.59

P/E Ratio

30.59

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

The latest P/E ratio for MT is 30.59. That is above the Materials sector average of 24.82. Investors often review this figure alongside ArcelorMittal - New York Shares - Level III's historical trend and sector peers before judging valuation or financial health.

Against Materials companies, MT currently prints 30.59 for P/E ratio, while the sector average sits near 24.82. That is roughly 23.2% above the sector mean. Large gaps often invite a closer look at ArcelorMittal - New York Shares - Level III's growth, margins, and balance sheet.

A P/E ratio of 30.59 for ArcelorMittal - New York Shares - Level III is not 'good' or 'bad' on its own. Compare it with the peer average (24.82) and with MT's multi-year chart on this page. Persistently elevated multiples need growth or quality to justify them; depressed multiples need a catalyst or evidence the business is misunderstood.

After noting MT's P/E ratio (30.59), review year-over-year change, peer averages, and a few neighboring metrics such as revenue, margins, or valuation multiples. That combination usually beats staring at a single figure. The navigation links on this page jump you to those related views.

This page's peer comparison chart is the fastest way to stack ArcelorMittal - New York Shares - Level III's P/E ratio against similar Materials names. You can also browse sector and industry screens on Stockcircle for a broader set of Materials companies and their key multiples and fundamentals.