Basis: FMP quote price / unrounded FMP forward EPS in the trading currency, available after its recorded retrieval time. Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 14.81 as of 2026-09-19T00:16:02.611Z.
Consensus retrieved: 2026-09-10T03:50:20.228Z. This records retrieval, including cache reads, rather than vendor publication. The calculation uses the separately dated price and estimate available at its as-of time.
Calculation as of: 2026-09-19T00:16:02.611Z.
Quote observation: 2026-09-18T20:00:02.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: d50febdd5d98ae785e2f152d2774bd702bc92e67209e5d3e69440d439dd43b81
Forward PE Ratio (14.81) = Dated Quote Price ($56.25) / Consensus Forward EPS ($3.80)
FORWARD PE RATIO
14.81
SECTOR MEDIAN · ENERGY
13.03
median of 39 covered companies
CURRENT VS SECTOR MEDIAN
+13.66%
vs the sector median at left
Tenaris S.A.
Market Cap
$30.18B
Forward PE Ratio
14.81
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Tenaris S.A. (TS) | $30.18B | 14.81 |
| EQT Corporation (EQT)vs › | $31.27B | 12.29 |
| Halliburton Company (HAL)vs › | $28.10B | 14.36 |
| Pembina Pipeline Corporation (PBA)vs › | $27.64B | N/A |
| Venture Global, Inc. (VG)vs › | $34.23B | 8.42 |
| Texas Pacific Land Corporation (TPL)vs › | $24.33B | 40.07 |
| First Solar, Inc. (FSLR)vs › | $21.06B | 11.24 |
| Cameco Corporation (CCJ)vs › | $39.90B | N/A |
| Expand Energy Corporation (EXE)vs › | $20.25B | 10.16 |
| APA Corporation (APA)vs › | $15.86B | 7.51 |
Trailing P/E
15.4
reported TTM EPS
Forward P/E
14.8
consensus EPS · fiscal year ending 2026-12-31
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $3.80 implies +3.8% EPS growth vs the reported trailing $3.66.
At the dated quote price of $56.25, each upcoming fiscal year's consensus EPS implies a different multiple — how quickly the price is "paid down" by expected earnings if the estimates hold.
| Fiscal year end | Consensus EPS | Estimate range | Analysts | Implied P/E |
|---|---|---|---|---|
| 2026-12-31 | $3.80 | $3.18 – $4.19 | 5 | 14.8x |
| 2027-12-31 | $4.22 | $3.47 – $4.94 | 7 | 13.3x |
| 2028-12-31 | $4.42 | $4.26 – $4.68 | 4 | 12.7x |
Source: FMP analyst consensus estimates, refreshed with the daily precompute. "n/m" = the consensus EPS is not positive, so a multiple is undefined. There is no forward P/E history chart here because charting one would require the estimates as they stood in the past, which we do not store — see the trailing P/E history for how the realized multiple has moved.
PE Ratio = Share Price / Diluted EPS (TTM)
The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
