According to Steel Dynamics 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.46552. At the end of 2022 the company had a P/E ratio of 4.67.
Year | P/E ratio | Change |
---|---|---|
2022 | 4.67 | 18.9% |
2021 | 3.93 | -72.21% |
2020 | 14.1 | 26.16% |
2019 | 11.2 | 100.54% |
2018 | 5.58 | -56.11% |
2017 | 12.7 | -43.86% |
2016 | 22.7 | -167.21% |
2015 | -33.7 | -216.15% |
2014 | 29.0 | 27.77% |
2013 | 22.7 | 24.11% |
2012 | 18.3 | 76.8% |
2011 | 10.4 | -62.66% |
2010 | 27.7 | -115.65% |
2009 | -177 | -3983.18% |
2008 | 4.56 | -67.44% |
2007 | 14.0 | 81.2% |
2006 | 7.74 | 8.05% |
2005 | 7.16 | 12.83% |
2004 | 6.35 | -72.96% |
2003 | 23.5 | 219.95% |
2002 | 7.34 | -95.58% |
2001 | 166 |
Company | P/E ratio | P/E ratio differencediff. | Country |
---|---|---|---|
Commercial Metals Company CMC | 7.18 | -24.19% | ๐บ๐ธ USA |
Nucor
NUE | 10.0 | 5.75% | ๐บ๐ธ USA |
ArcelorMittal MT | 5.65 | -40.29% | ๐ฑ๐บ Luxembourg |
Worthington Industries
WOR | 10.5 | 11.05% | ๐บ๐ธ USA |
Radius Recycling (Schnitzer Steel)
RDUS | -23.0 | -342.64% | ๐บ๐ธ USA |
Grupo Simec SIM | 26.6 | 181.23% | ๐ฒ๐ฝ Mexico |
POSCO PKX | 24.5 | 159.05% | ๐ฐ๐ท S. Korea |
U.S. Steel
X | 8.03 | -15.19% | ๐บ๐ธ USA |
Gerdau GGB | 4.34 | -54.15% | ๐ง๐ท Brazil |
Carpenter Technology CRS | 32.8 | 246.11% | ๐บ๐ธ USA |
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.