TenarisTS +1.19%81 Market Cap is $28,876 Mil as of Jun. 25, 2026. GuruFocus rates TS with a GF Score™ of 81/100 and a GF Value™ of $34.59 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,043 Oil & Gas companies, Tenaris ranks better than 95.49% on this metric.
Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Tenaris's share price for the quarter that ended in Mar. 2026 was $58.18. Tenaris's Shares Outstanding (EOP) for the quarter that ended in Mar. 2026 was 505 Mil. Therefore, Tenaris's market cap for the quarter that ended in Mar. 2026 was $29,370 Mil.
Tenaris's quarterly market cap
increased
from Sep. 2025 ($18,581 Mil) to Dec. 2025 ($19,452 Mil) and
increased
from Dec. 2025 ($19,452 Mil) to Mar. 2026 ($29,370 Mil).
Tenaris's annual market cap
increased
from Dec. 2023 ($20,298 Mil) to Dec. 2024 ($20,487 Mil) but then
declined
from Dec. 2024 ($20,487 Mil) to Dec. 2025 ($19,452 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Tenaris's Enterprise Value for Today is $26,185 Mil.
Tenaris (NYSE:TS) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Tenaris Market Cap Related Terms
Tenaris Market Cap Historical Data
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The historical data trend for Tenaris's Market Cap can be seen below:
* 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.
For the Oil & Gas Equipment & Services subindustry, Tenaris's Market Cap, along with its competitors' market caps and Market Cap 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.
Tenaris Market Cap vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Tenaris's Market Cap distribution charts can be found below:
* The bar in red indicates where Tenaris's Market Cap falls into.
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Tenaris's Market Cap for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Tenaris (TS) has a Market Cap of $28,876 Mil as of Jun. 25, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Tenaris and its competitors. According to the industry distribution chart, Tenaris ranks #47 out of 1043 companies in the Oil & Gas industry, placing it in the top 4.5%.
Is Tenaris' Market Cap too high?
Tenaris' current Market Cap is $28,876 Mil. The Oil & Gas industry median Market Cap is 210.36. Tenaris' value of $28,876 Mil is 13627.3% above this industry median. Based on the distribution chart, Tenaris ranks #47 out of 1043 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Tenaris has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tenaris' Market Cap compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Tenaris ranks #47 out of 1043 companies for Market Cap. This places Tenaris in the top 5% of its industry — outperforming the majority of peers. The industry median Market Cap is 210.36. Tenaris' value of $28,876 Mil is 13627.3% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for an Oil & Gas company?
The median Market Cap among Oil & Gas companies is 210.36, based on 1,043 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tenaris's current Market Cap of $28,876 Mil is 13627.3% above 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 Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Tenaris and its competitors. For the Oil & Gas industry, the median Market Cap is 210.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tenaris's current Market Cap is $28,876 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tenaris stock overvalued right now?
Based on GuruFocus' analysis, Tenaris (TS) is currently considered Significantly Overvalued. The stock's GF Value™ is $34.59, compared to a current price of $57.19 — trading 65.3% above its estimated fair value. The current Market Cap is $28,876 Mil and 13627.3% above the Oil & Gas industry median of 210.36. Tenaris' overall GF Score™ is 81/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For Tenaris (TS), the current Market Cap is $28,876 Mil as of Jun. 25, 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 Tenaris (TS) Overvalued in 2026?
Based on GuruFocus' analysis, Tenaris stock appears to be overvalued.
The current stock price of $57.19 is trading 65.3% above its estimated GF Value™ of $34.59.
GuruFocus considers Tenaris to be Significantly Overvalued.
Key valuation signals for TS:
Market Cap: $28,876 Mil
GF Value™: $34.59 vs. price of $57.19 (65.3% above fair value)
Industry Position: 13627.3% above the Oil & Gas median (#47 of 1043)
No single metric tells the full story. See the TS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tenaris SA is engaged in the manufacture and supply of steel pipe products and related services for the energy industry and other industrial applications. The company has one reportable segment, Tubes, which includes the production and sale of steel tubular products such as OCTG, line pipe, and mechanical and structural tubes, mainly for the oil and gas industry. It operates an integrated network of manufacturing, research, and service facilities across the Americas, Europe, the Middle East, Asia, and Africa.
81GF Score
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