Steel Dynamics
STLD
#866
Rank
$21.43 B
Marketcap
$132.49
Share price
-0.36%
Change (1 day)
5.06%
Change (1 year)

P/E ratio for Steel Dynamics (STLD)

P/E ratio as of February 2024 (TTM): 8.46

According to Steel Dynamics 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.46041. At the end of 2022 the company had a P/E ratio of 4.67.

P/E ratio history for Steel Dynamics from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20224.6718.9%
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%
201218.376.8%
201110.4-62.66%
201027.7-115.65%
2009-177-3983.18%
20084.56-67.44%
200714.081.2%
20067.748.05%
20057.1612.83%
20046.35-72.96%
200323.5219.95%
20027.34-95.58%
2001166

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
6.62-21.79%๐Ÿ‡บ๐Ÿ‡ธ USA
9.72 14.90%๐Ÿ‡บ๐Ÿ‡ธ USA
5.34-36.93%๐Ÿ‡ฑ๐Ÿ‡บ Luxembourg
10.4 22.75%๐Ÿ‡บ๐Ÿ‡ธ USA
-22.4-364.53%๐Ÿ‡บ๐Ÿ‡ธ USA
25.1 196.21%๐Ÿ‡ฒ๐Ÿ‡ฝ Mexico
25.1 196.55%๐Ÿ‡ฐ๐Ÿ‡ท S. Korea
9.35 10.54%๐Ÿ‡บ๐Ÿ‡ธ USA
4.22-50.09%๐Ÿ‡ง๐Ÿ‡ท Brazil
29.8 252.26%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.