VALE S.A. (VALE) Suffers a Larger Drop Than the General Market: Key Insights
In the context of valuation, VALE S.A. is at present trading with a Forward P/E ratio of 5.19. This valuation marks no noticeable deviation compared to its industry's average Forward P/E of 5.19. The Mining - Iron industry is part of the Basic Materials sector. This industry currently has a Zacks Industry Rank of 242, which puts it in the bottom 4% of all 250+ industries. VALE S.A. (VALE) closed the most recent trading day at $11.25, moving -0.35% from the previous trading session. This change lagged the S& ...