P/E ratio for Nucor (NUE)
P/E ratio as of April 2024 (TTM): 9.75
According to Nucor 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.75114. At the end of 2022 the company had a P/E ratio of 4.58.
P/E ratio history for Nucor from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 4.58 | -6.03% |
| 2021 | 4.87 | -78.29% |
| 2020 | 22.4 | 65.09% |
| 2019 | 13.6 | 95.74% |
| 2018 | 6.95 | -54.67% |
| 2017 | 15.3 | -41.06% |
| 2016 | 26.0 | -27.77% |
| 2015 | 36.0 | 63.59% |
| 2014 | 22.0 | -37.37% |
| 2013 | 35.1 | 29.38% |
| 2012 | 27.1 | 67.38% |
| 2011 | 16.2 | -84.46% |
| 2010 | 104 | -312.47% |
| 2009 | -49.1 | -732.42% |
| 2008 | 7.76 | -34.7% |
| 2007 | 11.9 | 24.66% |
| 2006 | 9.54 | 19.81% |
| 2005 | 7.96 | 7.39% |
| 2004 | 7.41 | -89.41% |
| 2003 | 70.0 | 252.54% |
| 2002 | 19.9 | -45.64% |
| 2001 | 36.5 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Commercial Metals Company CMC | 6.82 | -30.04% | 🇺🇸 USA |
 ArcelorMittal MT | 5.15 | -47.23% | 🇱🇺 Luxembourg |
 Worthington Industries
WOR | 9.82 | 0.66% | 🇺🇸 USA |
 Steel Dynamics
STLD | 8.87 | -9.02% | 🇺🇸 USA |
 POSCO PKX | 21.2 | 117.73% | 🇰🇷 S. Korea |
 U.S. Steel
X | 7.70 | -21.01% | 🇺🇸 USA |
 Gerdau GGB | 4.21 | -56.80% | 🇧🇷 Brazil |
 Carpenter Technology CRS | 35.7 | 265.80% | 🇺🇸 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.