Usinas Siderurgicas de Minas Gerais (XMAD:XUSIO) Shiller PE Ratio: 6.50 (As of Aug. 08, 2026) — 50% Below Median

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XMAD:XUSIO Usinas Siderurgicas de Minas Gerais SA XMAD:XUSIO
48 GF Score
Price €1.04
GF Value €0.96
Valuation Modestly Overvalued
! 5 Warning Signs
View Full Analysis

What is Usinas Siderurgicas de Minas Gerais Shiller PE Ratio?

Usinas Siderurgicas de Minas Gerais XMAD:XUSIO -4.59% 48 Shiller PE Ratio is 6.50 as of Aug. 08, 2026, which is 50% below its 10-year median of 12.95. GuruFocus rates XMAD:XUSIO with a GF Score™ of 48/100 and a GF Value™ of €0.96 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 409 Steel companies, Usinas Siderurgicas de Minas Gerais ranks better than 82.89% on this metric.

As of today (2026-08-08), Usinas Siderurgicas de Minas Gerais's current share price is €1.04. Usinas Siderurgicas de Minas Gerais's E10 for the quarter that ended in Jun. 2026 was €0.16. Usinas Siderurgicas de Minas Gerais's Shiller PE Ratio for today is 6.50.

The historical rank and industry rank for Usinas Siderurgicas de Minas Gerais's Shiller PE Ratio or its related term are showing as below:

XMAD:XUSIO' s Shiller PE Ratio Range Over the Past 10 Years
Min: 5.66   Med: 12.95   Max: 274.33
Current: 6.22

During the past years, Usinas Siderurgicas de Minas Gerais's highest Shiller PE Ratio was 274.33. The lowest was 5.66. And the median was 12.95.

XMAD:XUSIO's Shiller PE Ratio is ranked better than
82.89% of 409 companies
in the Steel industry
Industry Median: 13.45 vs XMAD:XUSIO: 6.22

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Usinas Siderurgicas de Minas Gerais's adjusted earnings per share data for the three months ended in Jun. 2026 was €0.051. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €0.16 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Usinas Siderurgicas de Minas Gerais  (XMAD:XUSIO) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Usinas Siderurgicas de Minas Gerais Shiller PE Ratio Related Terms


Usinas Siderurgicas de Minas Gerais Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for Usinas Siderurgicas de Minas Gerais's Shiller PE Ratio 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.

Usinas Siderurgicas de Minas Gerais Shiller PE Ratio Chart

Usinas Siderurgicas de Minas Gerais Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 60.25 15.49 17.44 10.31 7.10

Usinas Siderurgicas de Minas Gerais Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Shiller PE Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.83 6.97 7.10 7.09 7.61

XMAD:XUSIO vs NUE, STLD, RS: Shiller PE Ratio Comparison

For the Steel subindustry, Usinas Siderurgicas de Minas Gerais's Shiller PE Ratio, along with its competitors' market caps and Shiller 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 Shiller PE Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Usinas Siderurgicas de Minas Gerais's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Usinas Siderurgicas de Minas Gerais's Shiller PE Ratio falls into.


XMAD:XUSIO
48GF Score
Usinas Siderurgicas de Minas Gerais SA XMAD:XUSIO
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Usinas Siderurgicas de Minas Gerais Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Usinas Siderurgicas de Minas Gerais's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=1.04/0.16
=6.50

* 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's E10 for the quarter that ended in Jun. 2026 is calculated as:

For example, Usinas Siderurgicas de Minas Gerais's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.051/177.5443*177.5443
=0.051

Current CPI (Jun. 2026) = 177.5443.

Usinas Siderurgicas de Minas Gerais Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 -0.025 109.986 -0.040
201612 -0.068 110.802 -0.109
201703 0.021 111.869 0.033
201706 0.026 112.115 0.041
201709 0.016 112.777 0.025
201712 -0.010 114.068 -0.016
201803 0.027 114.868 0.042
201806 -0.007 117.038 -0.011
201809 0.044 117.881 0.066
201812 0.063 118.340 0.095
201903 0.009 120.124 0.013
201906 0.023 120.977 0.034
201909 -0.031 121.292 -0.045
201912 0.038 123.436 0.055
202003 -0.072 124.092 -0.103
202006 -0.065 123.557 -0.093
202009 0.008 125.095 0.011
202012 0.198 129.012 0.272
202103 0.109 131.660 0.147
202106 0.535 133.871 0.710
202109 0.196 137.913 0.252
202112 0.294 141.992 0.368
202203 0.170 146.537 0.206
202206 0.129 149.784 0.153
202209 0.008 147.800 0.010
202212 -0.137 150.207 -0.162
202303 0.066 153.352 0.076
202306 0.038 154.519 0.044
202309 -0.032 155.464 -0.037
202312 -0.075 157.148 -0.085
202403 0.002 159.372 0.002
202406 -0.019 161.052 -0.021
202409 0.021 162.342 0.023
202412 -0.023 164.740 -0.025
202503 0.037 168.102 0.039
202506 0.013 169.670 0.014
202509 -0.454 170.739 -0.472
202512 0.008 171.765 0.008
202603 0.099 175.066 0.100
202606 0.051 177.544 0.051

Add all the adjusted EPS together and divide 10 will get our E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

Frequently Asked Questions Learn more about Shiller PE Ratio →
What does a Shiller PE Ratio of 6.50 mean?
Usinas Siderurgicas de Minas Gerais (XMAD:XUSIO) has a Shiller PE Ratio of 6.50 as of Aug. 08, 2026. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Usinas Siderurgicas de Minas Gerais and its competitors. This is 50% below median its historical median of 12.95. Over the past decade, Usinas Siderurgicas de Minas Gerais' Shiller PE Ratio has ranged from 5.66 to 274.33. According to the industry distribution chart, Usinas Siderurgicas de Minas Gerais ranks #70 out of 409 companies in the Steel industry, placing it in the top 17.1%.
Is Usinas Siderurgicas de Minas Gerais' Shiller PE Ratio too high?
Usinas Siderurgicas de Minas Gerais' current Shiller PE Ratio of 6.50 is 50% below median its 10-year median of 12.95. Over the past 10 years, this metric has ranged from a low of 5.66 to a high of 274.33. The Steel industry median Shiller PE Ratio is 13.45. Usinas Siderurgicas de Minas Gerais' value of 6.50 is 51.7% below this industry median. Based on the distribution chart, Usinas Siderurgicas de Minas Gerais ranks #70 out of 409 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Usinas Siderurgicas de Minas Gerais has a GF Score™ of 48/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Usinas Siderurgicas de Minas Gerais' Shiller PE Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Usinas Siderurgicas de Minas Gerais ranks #70 out of 409 companies for Shiller PE Ratio. This places Usinas Siderurgicas de Minas Gerais in the top 17% of its industry — outperforming the majority of peers. The industry median Shiller PE Ratio is 13.45. Usinas Siderurgicas de Minas Gerais' value of 6.50 is 51.7% below this benchmark. Historically, Usinas Siderurgicas de Minas Gerais' own Shiller PE Ratio has ranged from 5.66 to 274.33 over the past decade. While the company's 10-year median is 12.95 vs. the industry median of 13.45, Usinas Siderurgicas de Minas Gerais has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shiller PE Ratio for a Steel company?
The median Shiller PE Ratio among Steel companies is 13.45, based on 409 companies in the industry. Companies in the top quartile (top 25%) have a Shiller PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Shiller 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 Shiller PE Ratio of 6.50 is 51.7% 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 Shiller PE Ratio mean?
A high Shiller PE Ratio can signal that a stock is expensive relative to its fundamentals. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Usinas Siderurgicas de Minas Gerais and its competitors. For the Steel industry, the median Shiller PE Ratio is 13.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Usinas Siderurgicas de Minas Gerais's current Shiller PE Ratio is 6.50, which is 50% below median its own 10-year median of 12.95. 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 Modestly Overvalued. The stock's GF Value™ is €0.96, compared to a current price of €1.04 — trading 8.3% above its estimated fair value. The current Shiller PE Ratio is 6.50, which is 50% below median its 10-year median of 12.95 and 51.7% below the Steel industry median of 13.45. 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 Shiller PE Ratio calculated?
Shiller PE Ratio is calculated from a company's financial statements. For Usinas Siderurgicas de Minas Gerais (XMAD:XUSIO), the current Shiller PE Ratio is 6.50 as of Aug. 08, 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 €1.04 is trading 8.3% above its estimated GF Value™ of €0.96. GuruFocus considers Usinas Siderurgicas de Minas Gerais to be Modestly Overvalued.

Key valuation signals for XMAD:XUSIO:

  • Shiller PE Ratio: 6.50 (50% below median its 10-year median of 12.95)
  • GF Value™: €0.96 vs. price of €1.04 (8.3% above fair value)
  • GF Score™: 48/100 with 5 warning signs
  • Industry Position: 51.7% below the Steel median (#70 of 409)

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

Address Av. do Contorno, 6594, 11th Floor Funcionarios, Belo Horizonte, MG, BRA, 30110-044
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

Get the complete analysis for XMAD:XUSIO

Shiller PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€1.04
Price
€0.96
GF Value