TS

Stock

Tenaris S.A.

Worth a look

Bigger than its usual dip. Not yet rare.

Tenaris S.A. is 14.2% off its high — deeper than its 6.2% average pullback, but it has been through 83 drawdowns before. Not historically significant yet — we'll say so if that changes.

Price $54.92 · as of Jul 9, 2026All-time high $64.02Drawdown -14.2%Severity Score™ 2.6
🟡

Moderately Elevated

Current Drawdown

-14.2%

Days in Drawdown

36

Avg Max Drawdown

6.2%

Avg Length

101

Drawdown Severity Score™

2.6

TS - Price & High Water Mark

TS - Drawdown Timeline

How to read this chart: Negative values indicate drawdowns from all-time highs. Values closer to 0% mean the stock is near its high water mark.

Valuation vs Its Own History

Data as of June 28, 2026 · updated daily

Where today's valuation sits within TS's own multi-year range. A lower percentile means today's ratio is lower than more of its past readings. This is context, not a recommendation.

Price to Sales

2.4xTypical Range · 57th percentile
Low: 0.73xMedian: 2.3xHigh: 4.9x

20 years of daily history

51.1% below its highest Price to Sales reading · 3.0x typical multiple drawdown · high date January 25, 2017

EV to EBITDA

10.2xTypical Range · 60th percentile
Low: 2.8xMedian: 9.4xHigh: 903.5x

20 years of daily history

98.9% below its highest EV to EBITDA reading · 7.8x typical multiple drawdown · high date March 5, 2021

How we measure valuation

Tenaris S.A. (TS) Analysis: Current Drawdown Insights

Tenaris S.A. is currently in a drawdown that is unusual by its own historical standards. As of 2026-07-09, the stock is trading at $54.92, which represents a 14.2% decline from its all-time high of $64.02. This drawdown has persisted for 36 days.

Based on its full tracked price history, Tenaris S.A. typically experiences drawdowns averaging 6.2% in depth, with an average duration of 101 days. Tenaris S.A. has gone through 83 total drawdown events in its tracked history. The largest drawdown on record for Tenaris S.A. was 83.6%, beginning in 2008. The longest drawdown duration on record was 6433 days.

The Drawdown Severity Score™ for Tenaris S.A. currently stands at 2.63. This is our proprietary indicator that shows the relative severity of the current drawdown based on the asset's unique historical patterns. A score between 2.0 and 3.0 indicates a moderately elevated drawdown that's starting to exceed this asset's normal range.

Understanding Drawdowns: A drawdown measures how far a stock has fallen from its peak price. Every stock experiences drawdowns: periods when the price declines from all-time highs before recovering. By analyzing Tenaris S.A.'s historical drawdown patterns, investors can identify when the stock is experiencing a typical market fluctuation versus an unusual decline that is rare by that stock's own historical standards.

📜 Historical Drawdown Events

Current drawdown shown in blue. Showing the most recent and the deepest of 83 tracked pullbacks (57 listed).

Start DateEnd DateDurationMax DepthStart PriceLowest PriceRecovery Price
2026-06-03Ongoing36 days-14.2%$64.02$54.92n/a
2026-05-012026-06-0334 days-7.7%$63.90$58.96$64.02
2026-04-272026-04-293 days-0.2%$63.29$63.15$63.54
2026-04-142026-04-218 days-4.1%$60.35$57.89$60.75
2026-04-082026-04-092 days-0.2%$58.74$58.64$59.19
2026-03-272026-04-0611 days-1.9%$58.33$57.20$58.53
2026-03-252026-03-262 days-0.1%$57.23$57.18$58.33
2026-03-202026-03-234 days-0.4%$56.07$55.82$57.11
2026-03-182026-03-192 days-1.1%$55.78$55.19$56.07
2026-03-032026-03-1714 days-3.8%$54.59$52.53$55.78
2026-02-272026-03-023 days-0.0%$54.41$54.40$54.59
2026-02-202026-02-245 days-2.6%$53.64$52.26$54.09
2026-02-122026-02-176 days-3.2%$48.65$47.08$49.38
2026-02-102026-02-112 days-0.4%$47.51$47.32$48.65
2008-07-012026-02-096433 days-83.6%$47.21$7.72$47.51
2008-06-242008-06-252 days-1.2%$43.06$42.55$43.33
2008-06-202008-06-234 days-0.8%$43.01$42.67$43.06
2008-06-102008-06-1910 days-4.4%$41.13$39.31$43.01
2008-06-062008-06-094 days-0.4%$40.82$40.67$41.13
2008-06-022008-06-054 days-3.3%$38.56$37.27$40.82
2008-05-232008-05-308 days-3.3%$38.51$37.24$38.56
2008-05-212008-05-222 days-0.5%$38.50$38.30$38.51
2008-04-222008-05-1423 days-8.4%$35.07$32.14$35.53
2007-10-022008-04-21203 days-32.9%$34.25$22.97$35.07
2007-07-132007-10-0181 days-19.8%$33.19$26.63$34.25
2007-07-102007-07-112 days-1.0%$32.39$32.07$32.95
2006-12-182007-07-06200 days-18.7%$31.53$25.63$31.91
2006-12-142006-12-152 days-1.3%$31.01$30.61$31.53
2006-04-252006-12-13233 days-34.0%$29.50$19.47$31.01
2006-04-202006-04-212 days-3.8%$27.49$26.45$28.21
2006-04-112006-04-122 days-1.2%$25.20$24.90$25.57
2006-04-072006-04-104 days-3.3%$24.99$24.16$25.20
2006-03-162006-04-0318 days-4.4%$22.77$21.76$22.78
2006-03-062006-03-149 days-7.2%$22.46$20.85$22.57
2006-01-302006-03-0131 days-11.5%$19.86$17.58$20.45
2006-01-252006-01-262 days-3.4%$18.90$18.27$18.96
2005-10-042006-01-19108 days-26.6%$17.27$12.67$17.95
2005-09-302005-10-034 days-0.5%$16.74$16.66$17.27
2005-09-022005-09-1918 days-5.0%$14.43$13.70$14.50
2005-08-122005-08-2514 days-6.5%$12.65$11.82$12.78
2005-08-082005-08-114 days-3.5%$12.58$12.15$12.65
2005-07-122005-07-2817 days-6.4%$10.83$10.14$11.31
2005-06-292005-07-057 days-2.3%$9.68$9.46$9.85
2005-06-212005-06-233 days-0.7%$9.39$9.32$9.40
2005-06-082005-06-158 days-1.5%$8.64$8.51$8.65
2005-06-032005-06-075 days-0.6%$8.55$8.49$8.64
2005-05-312005-06-023 days-2.4%$8.44$8.23$8.55
2005-05-102005-05-2718 days-8.1%$8.33$7.65$8.44
2005-05-062005-05-094 days-1.9%$8.25$8.09$8.33
2005-03-082005-05-0558 days-20.1%$7.90$6.32$8.25
2005-03-032005-03-075 days-2.0%$7.76$7.61$7.90
2004-11-152005-02-0280 days-12.1%$6.08$5.34$6.14
2004-10-072004-11-1035 days-13.4%$5.68$4.92$5.69
2004-08-202004-09-0921 days-6.8%$4.77$4.45$5.14
2004-01-072004-08-04210 days-27.2%$4.40$3.20$4.58
2003-07-252003-09-1149 days-12.3%$2.99$2.62$3.00
2003-05-122003-06-1333 days-8.5%$2.66$2.44$2.66
2003-01-102003-04-1696 days-15.9%$2.51$2.11$2.54

How to read: Each row shows a complete drawdown from peak to recovery. Red rows = most severe drawdowns (worst 20% or 5x+ average), yellow rows = moderate (2x-5x worse than average).

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Or explore current drawdowns:

Tenaris S.A. (TS) is trading at $54.92 as of Jul 9, 2026. It is 14.2% below its high of $64.02. The drawdown has lasted 36 days. Severity score: 2.6 (Moderately Elevated).

TS Price History and Drawdown Data

Latest price

$54.92

High-water mark

$64.02

Current drawdown

-14.2%

Days in drawdown

36

This TS page is built around daily price history, the latest high-water mark, current drawdown depth, drawdown duration, and comparable historical drawdown events. The chart above provides the price-history context, while the sections below explain how the current move compares with prior Tenaris S.A. drawdowns.

What History Says About TS

Tenaris S.A. has dropped 15%+ from its high 9 times in its tracked history. These events lasted an average of 847 days with an average max drop of -31.0%.

The current drawdown of -14.2% has lasted 36 days, which is within the typical range for comparable events.

PeriodMax DropDuration
Jul 2008 to Feb 2026-83.6%6433 days
Apr 2006 to Dec 2006-34.0%233 days
Oct 2007 to Apr 2008-32.9%203 days
Jan 2004 to Aug 2004-27.2%210 days
Oct 2005 to Jan 2006-26.6%108 days
Mar 2005 to May 2005-20.1%58 days

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