P/E ratio for Nucor (NUE)

P/E ratio history for Nucor from 2001 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
Steel Dynamics STLD	9.25	16.91%	🇺🇸 USA
Commercial Metals Company CMC	7.73	-2.25%	🇺🇸 USA
Gerdau GGB	3.33	-57.91%	🇧🇷 Brazil
U.S. Steel X	8.06	1.92%	🇺🇸 USA
Worthington Enterprises WOR	7.07	-10.60%	🇺🇸 USA
POSCO PKX	15.6	97.46%	🇰🇷 S. Korea
ArcelorMittal MT	5.23	-33.88%	🇱🇺 Luxembourg
Carpenter Technology CRS	89.3	1,029.58%	🇺🇸 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.