Usinas Siderurgicas de Minas Gerais (XMAD:XUSIO) Forward PE Ratio Explanation
The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.
Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .
Usinas Siderurgicas de Minas Gerais Forward PE Ratio Related Terms
Usinas Siderurgicas de Minas Gerais Forward PE Ratio Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Usinas Siderurgicas de Minas Gerais Forward PE Ratio Chart
Usinas Siderurgicas de Minas Gerais Annual Data
Trend
2018-12
2019-12
2020-12
2021-12
2022-12
2023-12
2024-12
2025-12
Forward PE Ratio
12.79
15.24
11.19
3.82
10.52
9.73
6.75
12.73
Usinas Siderurgicas de Minas Gerais Quarterly Data
2018-03
2018-06
2018-09
2018-12
2019-06
2019-09
2019-12
2020-03
2020-06
2020-09
2020-12
2021-03
2021-06
2021-09
2021-12
2022-03
2022-06
2022-09
2022-12
2023-03
2023-06
2023-09
2023-12
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
Forward PE Ratio
8.32
8.55
20.49
12.79
20.24
14.58
15.24
20.28
41.49
12.50
11.19
9.99
4.22
3.73
3.82
3.48
2.35
3.08
10.52
8.61
9.47
7.69
9.73
6.75
8.02
6.84
11.69
12.73
12.59
XMAD:XUSIO vs NUE, STLD, RS: Forward PE Ratio Comparison
For the Steel subindustry, Usinas Siderurgicas de Minas Gerais's Forward PE Ratio, along with its competitors' market caps and Forward PE Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Usinas Siderurgicas de Minas Gerais Forward PE Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, Usinas Siderurgicas de Minas Gerais's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Usinas Siderurgicas de Minas Gerais's Forward PE Ratio falls into.
Usinas Siderurgicas de Minas Gerais Forward PE Ratio Calculation
It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.
Usinas Siderurgicas de Minas Gerais (XMAD:XUSIO) has a Forward PE Ratio of 13.30 as of Jul. 05, 2026. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Usinas Siderurgicas de Minas Gerais and its competitors. According to the industry distribution chart, Usinas Siderurgicas de Minas Gerais ranks #999999 out of 178 companies in the Steel industry.
Is Usinas Siderurgicas de Minas Gerais' Forward PE Ratio too high?
Usinas Siderurgicas de Minas Gerais' current Forward PE Ratio is 13.30. The Steel industry median Forward PE Ratio is 13.72. Usinas Siderurgicas de Minas Gerais' value of 13.30 is 3.1% below this industry median. Based on the distribution chart, Usinas Siderurgicas de Minas Gerais ranks #999999 out of 178 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Usinas Siderurgicas de Minas Gerais has a GF Score™ of 48/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Usinas Siderurgicas de Minas Gerais' Forward PE Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Usinas Siderurgicas de Minas Gerais ranks #999999 out of 178 companies for Forward PE Ratio. This places Usinas Siderurgicas de Minas Gerais in the lower half of its industry. The industry median Forward PE Ratio is 13.72. Usinas Siderurgicas de Minas Gerais' value of 13.30 is 3.1% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward PE Ratio for a Steel company?
The median Forward PE Ratio among Steel companies is 13.72, based on 178 companies in the industry. Companies in the top quartile (top 25%) have a Forward PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Forward PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Usinas Siderurgicas de Minas Gerais's current Forward PE Ratio of 13.30 is 3.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Forward PE Ratio mean?
A high Forward PE Ratio can signal that a stock is expensive relative to its fundamentals. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Usinas Siderurgicas de Minas Gerais and its competitors. For the Steel industry, the median Forward PE Ratio is 13.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Usinas Siderurgicas de Minas Gerais's current Forward PE Ratio is 13.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Usinas Siderurgicas de Minas Gerais stock overvalued right now?
Based on GuruFocus' analysis, Usinas Siderurgicas de Minas Gerais (XMAD:XUSIO) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.92, compared to a current price of €1.23 — trading 33.7% above its estimated fair value. The current Forward PE Ratio is 13.30 and 3.1% below the Steel industry median of 13.72. Usinas Siderurgicas de Minas Gerais' overall GF Score™ is 48/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward PE Ratio calculated?
Forward PE Ratio is calculated from a company's financial statements. For Usinas Siderurgicas de Minas Gerais (XMAD:XUSIO), the current Forward PE Ratio is 13.30 as of Jul. 05, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Usinas Siderurgicas de Minas Gerais (XMAD:XUSIO) Overvalued in 2026?
Based on GuruFocus' analysis, Usinas Siderurgicas de Minas Gerais stock appears to be overvalued.
The current stock price of €1.23 is trading 33.7% above its estimated GF Value™ of €0.92.
GuruFocus considers Usinas Siderurgicas de Minas Gerais to be Significantly Overvalued.
Key valuation signals for XMAD:XUSIO:
Forward PE Ratio: 13.30
GF Value™: €0.92 vs. price of €1.23 (33.7% above fair value)
Industry Position: 3.1% below the Steel median (#999999 of 178)
No single metric tells the full story. See the XMAD:XUSIO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Usinas Siderurgicas de Minas Gerais Business Description
Usinas Siderurgicas de Minas Gerais SA is a Brazil-based company engaged in producing and distributing flat steel products. The company's product portfolio comprises ordinary heavy plates, Sincron series premium heavy plates, hot strips, cold-rolled, and galvanized products. These products are used in automotive, civil construction, railway, electric, white goods, offshore platforms, and agricultural and construction machinery. The Brazilian domestic market represents the majority of the company's sales, while the United States, Argentina, and Turkey are the export destination markets for the company.
48GF Score
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