P/E ratio for Cleveland-Cliffs (CLF)
P/E ratio as of March 2025 (TTM): 13.8
According to Cleveland-Cliffs's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.8235. At the end of 2022 the company had a P/E ratio of 6.27.
P/E ratio history for Cleveland-Cliffs from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 6.27 | 64.7% |
| 2021 | 3.81 | -109.41% |
| 2020 | -40.4 | -620% |
| 2019 | 7.78 | 283.33% |
| 2018 | 2.03 | -65.1% |
| 2017 | 5.81 | -36.39% |
| 2016 | 9.14 | -3073.82% |
| 2015 | -0.3074 | 103.59% |
| 2014 | -0.1510 | -101.39% |
| 2013 | 10.9 | -277.92% |
| 2012 | -6.11 | -212.74% |
| 2011 | 5.42 | -47.6% |
| 2010 | 10.3 | -64.31% |
| 2009 | 29.0 | 460.28% |
| 2008 | 5.17 | -67.3% |
| 2007 | 15.8 | 114.63% |
| 2006 | 7.37 | 3.72% |
| 2005 | 7.11 | 104.37% |
| 2004 | 3.48 | -121.85% |
| 2003 | -15.9 | 1490.58% |
| 2002 | -1.00 | -82.5% |
| 2001 | -5.72 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 | 8.46 | -38.77% | 🇺🇸 USA |
 | 6.47 | -53.23% | 🇱🇺 Luxembourg |
 | 4.80 | -65.24% | 🇧🇷 Brazil |
 | 2.27 | -83.58% | 🇺🇸 USA |
 | 8.46 | -38.80% | 🇺🇸 USA |
 | 1.70 | -87.70% | 🇺🇸 USA |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.