Nucor
NUE
#455
Rank
$37.54 B
Marketcap
$149.01
Share price
-0.19%
Change (1 day)
-3.15%
Change (1 year)
Nucor Corporation is one of the largest steel producers in the United States.

P/E ratio for Nucor (NUE)

P/E ratio as of March 2023 (TTM): 5.18

According to Nucor 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.17576. At the end of 2021 the company had a P/E ratio of 4.87.

P/E ratio history for Nucor from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
20214.87-78.29%
202022.465.09%
201913.695.74%
20186.95-54.67%
201715.3-41.06%
201626.0-27.77%
201536.063.59%
201422.0-37.37%
201335.129.38%
201227.1

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
4.52-12.75%๐Ÿ‡บ๐Ÿ‡ธ USA
2.88-44.36%๐Ÿ‡ฑ๐Ÿ‡บ Luxembourg
14.3 175.55%๐Ÿ‡บ๐Ÿ‡ธ USA
5.28 1.94%๐Ÿ‡บ๐Ÿ‡ธ USA
3.91-24.38%๐Ÿ‡ฐ๐Ÿ‡ท S. Korea
2.59-50.05%๐Ÿ‡บ๐Ÿ‡ธ USA
3.09-40.39%๐Ÿ‡ง๐Ÿ‡ท Brazil
-351-6,875.18%๐Ÿ‡บ๐Ÿ‡ธ 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.