Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 15.02 as of Wednesday, August 5, 2026.
Forward PE Ratio (15.02) = Close Price ($57.05) / Consensus Forward EPS ($3.80)
FORWARD PE RATIO
15.02
SECTOR MEDIAN · ENERGY
12.50
median of 38 covered companies
CURRENT VS SECTOR MEDIAN
+20.11%
vs the sector median at left
Tenaris S.A.
Market Cap
$30.61B
Forward PE Ratio
15.02
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Tenaris S.A. (TS) | $30.61B | 15.02 |
| Venture Global, Inc. (VG)vs › | $30.35B | 8.19 |
| EQT Corporation (EQT)vs › | $32.05B | 12.10 |
| Halliburton Company (HAL)vs › | $26.58B | 13.58 |
| Texas Pacific Land Corporation (TPL)vs › | $26.34B | 45.68 |
| Devon Energy Corporation (DVN)vs › | $26.16B | 8.97 |
| Coterra Energy Inc. (CTRA)vs › | $24.72B | 11.28 |
| Expand Energy Corporation (EXE)vs › | $21.03B | 9.99 |
| Cameco Corporation (CCJ)vs › | $41.06B | 57.53 |
| APA Corporation (APA)vs › | $12.25B | 6.14 |
Trailing P/E
15.3
reported TTM EPS
Forward P/E
15.0
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $3.80 implies +2.2% EPS growth vs the reported trailing $3.72.
At today's $57.05 close, 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 | $3.23 – $4.24 | 7 | 15.0x |
| 2027-12-31 | $4.24 | $3.38 – $5.20 | 8 | 13.5x |
| 2028-12-31 | $4.56 | $4.30 – $4.92 | 7 | 12.5x |
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
