Steel Dynamics
STLD
#860
Rank
$19.39 B
Marketcap
$113.06
Share price
1.54%
Change (1 day)
33.03%
Change (1 year)

P/E ratio for Steel Dynamics (STLD)

P/E ratio as of April 2023 (TTM): 5.40

According to Steel Dynamics 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.39775. At the end of 2021 the company had a P/E ratio of 3.93.

P/E ratio history for Steel Dynamics from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
20213.93-72.21%
202014.126.16%
201911.2100.54%
20185.58-56.11%
201712.7-43.86%
201622.7-167.21%
2015-33.7-216.15%
201429.027.77%
201322.724.11%
201218.3

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
4.71-12.82%๐Ÿ‡บ๐Ÿ‡ธ USA
5.36-0.69%๐Ÿ‡บ๐Ÿ‡ธ USA
3.03-43.83%๐Ÿ‡ฑ๐Ÿ‡บ Luxembourg
14.6 170.24%๐Ÿ‡บ๐Ÿ‡ธ USA
8.37 55.10%๐Ÿ‡บ๐Ÿ‡ธ USA
13.4 147.74%๐Ÿ‡ฒ๐Ÿ‡ฝ Mexico
4.19-22.31%๐Ÿ‡ฐ๐Ÿ‡ท S. Korea
2.62-51.55%๐Ÿ‡บ๐Ÿ‡ธ USA
3.19-40.93%๐Ÿ‡ง๐Ÿ‡ท Brazil
-372-6,993.30%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.