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Daily valuation snapshot
Tenaris S. A.: source evidence dated 2026-10-09.
- Daily close (USD)
- $57.34
- Market capitalization (USD)
- $33,336,258,327.76
- Price / earnings (TTM)
- 16.89
- Price / book
- 1.98
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Company overview
Tenaris S.A., together with its subsidiaries, manufactures and supplies steel pipe products and related services for the energy industry and other industrial applications in North America, South America, Europe, the Middle East and Africa, and the Asia Pacific. The company provides steel casings to sustain the walls of oil and gas wells during and after drilling; steel tubing for conducting crude oil and natural gas to the surface after drilling has been completed; steel line pipes to transport crude oil and natural gas from wells to refineries, storage tanks, and loading and distribution centers; and mechanical and structural pipes for the transportation of other forms of gas and liquids under high pressure. It also offers cold-drawn pipes for use in boilers, superheaters, condensers, heat exchangers, automobile production, and other industrial applications; premium joints and couplings for use in high temperature or high pressure environments under the TenarisHydril, Atlas Bradford, Ultra, and TORQ brands; coiled tubing is used for oil and gas drilling and well workovers and for subsea pipelines; sucker rods used in oil extraction activities, tubes used for plumbing and construction applications, and oilfield / hydraulic fracturing services; pipe coating services; and automotive components. In addition, the company engages in the sale of energy and raw materials; development, management, and licensing of intellectual property; procurement and trading services; and financial operations, as well as markets steel products. Further, it manufactures and markets connections; and welded and seamless steel pipes. Tenaris S.A. was incorporated in 2001 and is based in Luxembourg City, Luxembourg. Tenaris S.A. operates as a subsidiary of Techint Holdings S.à r.l.
Daily valuation snapshot
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These values come from the daily market snapshot dated 2026-10-09. TTM means trailing twelve months. Use the market date when comparing TS with another company.
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| Daily close (USD) | $57.34 |
| Market capitalization (USD) | $33,336,258,327.76 |
| Price / earnings (TTM) | 16.89 |
| Price / book | 1.98 |
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Company size
Tenaris S. A.'s recorded market capitalization is $33,336,258,327.76. It measures the market value of the company's equity, rather than its revenue or cash balance.
Price relative to earnings
TS's recorded P/E is 16.89: about $16.89 of share price for each $1 of trailing annual earnings per share. Compare that multiple with earnings growth and companies in the same business.
Price relative to book equity
TS's recorded price-to-book ratio is 1.98. That compares its market equity value with recorded book equity. Examine its business and balance sheet to understand why those values differ.
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