Tenaris SA (TNRSF) stock

TNRSFOTCSteel Works, Blast Furnaces & Rolling Mills (Coke Ovens)Also trades as TS

Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 20-F on Mar 31, 2026Score 8/30

$28.12+0.00 (0.00%)

Close on Oct 19, 2026Market cap $30.86BP/E –Yield –

Tenaris price to book ratio

The price-to-book ratio is market cap divided by shareholders' equity.

Tenaris's price to book ratio was 1.8× on Nov 3, 2026, against 1.3× a year earlier. Over the last 5 years it ranged from 1.0× to 1.9×, with a median of 1.3×.

Price to Book Ratio at the end of each year

Period	Period end	Value	Change (pts)
2026	Nov 3, 2026	1.8×	+0.5
2025	Dec 31, 2025	1.3×	−0.1
2024	Dec 31, 2024	1.3×	−0.2
2023	Dec 29, 2023	1.5×	−0.3
2022	Dec 30, 2022	1.7×	+0.6
2021	Dec 31, 2021	1.1×	+0.3
2020	Dec 31, 2020	0.8×	−0.3
2019	Dec 31, 2019	1.1×	+0.0
2018	Dec 31, 2018	1.1×	−0.6
2017	Dec 29, 2017	1.7×	–