PAO Severstal P/E
What is the P/E of PAO Severstal?
The P/E of PAO Severstal is 0.07
What is the definition of P/E?
Price to earnings ratio is the ratio of a company’s stock price to the company’s earnings per share calculated over trailing twelve months.
= previous day’s close / ttm EPS
The price to earnings ratio is the most widely used method for determining whether shares are accurately valued in relation to one another. But the P/E ratio does not in itself indicate whether the share is a bargain. The P/E ratio depends on the market’s perception of the risk and future growth in earnings. A company with a low P/E ratio indicates that the market perceives it as a higher risk or a lower growth or both as compared to a company with a higher price to earnings ratio. The P/E ratio of a listed company’s stock is the result of the collective perception of the market as to how risky the company is and what its earnings growth prospects are in relation to that of other companies. Investors use the P/E ratio to compare their own perception of the risk and growth of a company against the market’s collective perception of the risk and growth as reflected in the current P/E ratio.
P/E of companies in the Miscellaneous sector on LSE compared to PAO Severstal
What does PAO Severstal do?
PAO Severstal, together with its subsidiaries, operates as an integrated steel and steel-related mining company in Russia, Europe, CIS, the Middle East, North America, Africa, Central and South America, and Asia. The company operates through two divisions, Severstal Resources and Severstal Russian Steel. It produces iron ore pellets, iron ore concentrates, crushed stones, and ferrite strontium powder; and coking and steam coal, and coking coal concentrates; blast furnace unfluxed and fluxed pellets, as well as iron ore to steel producers. The company also provides flat and long-rolled products, hot and cold-rolled flat products, galvanized and color coated products, and long-steel applications for use in automotive and construction industry; pipes for use in oil and gas pipeline projects; and cold-drawn steel products, steel shapes, railway fasteners, low carbon and high carbon wires, nails, steel fiber products, steel wire ropes, wire strands, and steel meshes and fasteners. In addition, it engages in repair and steel construction, air transport, scrap processing, steel machining, and shipping operations. The company offers metal products for construction and service processing, oil and gas, tube and pipe, machinery, automotive, and other companies. PAO Severstal sells its products to regional and national distributors, and directly to end-users, as well as through a network of metal centers. The company was formerly known as Open Joint-Stock Company Severstal and changed its name to PAO Severstal in December 2014. PAO Severstal was founded in 1955 and is headquartered in Moscow, Russia.
Companies with p/e similar to PAO Severstal
- Opus Bank has P/E of 0.06
- Latecoere S.A has P/E of 0.06
- Enea AB (publ) has P/E of 0.06
- Binani Industries has P/E of 0.06
- The Western Union has P/E of 0.06
- Modern Land (China) Co has P/E of 0.07
- PAO Severstal has P/E of 0.07
- SAExploration has P/E of 0.07
- HELMA Eigenheimbau AG has P/E of 0.07
- Ark Mines has P/E of 0.07
- GL Events SA has P/E of 0.07
- China Tianrui Cement has P/E of 0.07
- Mulann SA has P/E of 0.07