P/E ratio for Steel Dynamics (STLD)

P/E ratio history for Steel Dynamics from 2001 to 2024

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
Nucor NUE	11.2	-18.24%	🇺🇸 USA
Commercial Metals Company CMC	77.8	467.52%	🇺🇸 USA
Gerdau GGB	1.30	-90.50%	🇧🇷 Brazil
Radius Recycling (Schnitzer Steel) RDUS	-2.94	-121.48%	🇺🇸 USA
Grupo Simec SIM	0.4502	-96.72%	🇲🇽 Mexico
U.S. Steel X	23.7	72.82%	🇺🇸 USA
Worthington Enterprises WOR	49.6	261.52%	🇺🇸 USA
POSCO PKX	0.0076	-99.94%	🇰🇷 S. Korea
ArcelorMittal MT	-32.9	-340.28%	🇱🇺 Luxembourg
Carpenter Technology CRS	32.6	137.48%	🇺🇸 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.