STLD
Steel Dynamics
PE ratio, current and historical analysis
- Stocks
- Basic Materials
- NASDAQ: STLD
- PE Ratio
The price-to-earnings ratio for Steel Dynamics stock stands at 22.68 as of Jul 31, 2026. This is based on the current EPS of $11.08 and the stock price of $251.26 per share. An increase of 14% has been recorded in the P/E ratio compared to the average of 19.8 of the last 4 quarters.
STLD PE ratio history
Over the last ten years, the average PE ratio of Steel Dynamics has been 12.13. The current 22.68 PE ratio is 87% above the historical average. In the past ten years, STLD's PE ratio was at its highest in the Sep 2016 quarter at 56.8, with a price of $24.99 and an EPS of $0.44. The Jun 2022 quarter recorded the bottom point at 2.93, with a price of $66.15 and an EPS of $22.57.
Steel Dynamics PE ratio by year
Maximum annual increase: 99.28% in 2019
Maximum annual decrease: -71.97% in 2021
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 21.13 | 83.26% | $169.45 | $8.02 |
| 2024 | 11.53 | 43.77% | $114.07 | $9.89 |
| 2023 | 8.02 | 72.84% | $118.1 | $14.72 |
| 2022 | 4.64 | 17.17% | $97.7 | $21.06 |
| 2021 | 3.96 | -71.97% | $62.07 | $15.67 |
| 2020 | 14.13 | 27.07% | $36.87 | $2.61 |
| 2019 | 11.12 | 99.28% | $34.04 | $3.06 |
| 2018 | 5.58 | -56.27% | $30.04 | $5.38 |
| 2017 | 12.76 | -43.69% | $43.13 | $3.38 |
| 2016 | 22.66 | N/A | $35.58 | $1.57 |
| 2015 | N/A | N/A | $17.87 | -$0.54 |
| 2014 | 29.03 | 27.77% | $19.74 | $0.68 |
| 2013 | 22.72 | 24.09% | $19.54 | $0.86 |
| 2012 | 18.31 | 76.91% | $13.73 | $0.75 |
| 2011 | 10.35 | -63.23% | $13.15 | $1.27 |
Steel Dynamics PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Jun 2026 | 20.71 | 7.92% | $229.46 | $11.08 |
| Mar 2026 | 19.19 | -9.18% | $180 | $9.38 |
| Dec 2025 | 21.13 | 15.15% | $169.45 | $8.02 |
| Sep 2025 | 18.35 | -0.97% | $139.43 | $7.6 |
| Jun 2025 | 18.53 | 13.06% | $128.01 | $6.91 |
| Mar 2025 | 16.39 | 42.15% | $125.08 | $7.63 |
| Dec 2024 | 11.53 | 1.95% | $114.07 | $9.89 |
| Sep 2024 | 11.31 | 9.91% | $126.08 | $11.15 |
| Jun 2024 | 10.29 | 1.88% | $129.5 | $12.58 |
| Mar 2024 | 10.1 | 25.94% | $148.23 | $14.68 |
| Dec 2023 | 8.02 | 17.94% | $118.1 | $14.72 |
| Sep 2023 | 6.8 | 8.28% | $107.22 | $15.76 |
| Jun 2023 | 6.28 | 5.55% | $108.93 | $17.34 |
| Mar 2023 | 5.95 | 28.23% | $113.06 | $19 |
| Dec 2022 | 4.64 | 48.72% | $97.7 | $21.06 |
STLD Price vs fair value
STLD average PE ratio chart
What this chart measures
The Historical Valuation Regime chart shows where the stock's current valuation sits relative to its own historical valuation range over the selected lookback period.
This is a history-relative tool, not a market-relative percentile. It does not compare the stock to other companies. Instead, it compares each historical valuation reading to the stock's own past readings.
Percentile logic
The threshold lines are calculated them from the stock's real historical values using percentile interpolation. That is why some colored bands are narrow while others are wide: the band widths reflect how the stock actually traded through time.
Regime map
| Historical percentile | Regime | Chart meaning |
|---|---|---|
| 0-10 | Historically Low | Deep cheap zone |
| >10-25 | Below Average | Cheap relative to history |
| >25-75 | Average | Within the normal historical range |
| >75-90 | Above Average | Expensive relative to history |
| >90-100 | Historically High | Extreme or stretched valuation |
How to read each part
| Chart element | What it tells you |
|---|---|
| Main line | The actual historical valuation values over time for the selected metric. |
| Dashed horizontal lines | The stock's computed P10, P25, Median, P75, and P90 thresholds for the selected period. |
| Colored bands | The historical valuation zones between those thresholds. |
| Metric boxes | Current ratio, historical median, current percentile, and current regime. |
| Timeline strip | A condensed regime history showing how the stock moved between cheap, fair, and expensive states across each observation. |
Important metric definitions
Current Percentile is the percentile rank of the latest valid historical observation within the selected lookback range.
Current Regime is assigned directly from the latest observation's percentile bucket using the fixed 10 / 25 / 75 / 90 cutoffs shown above.
How to use it well
This chart is most useful for answering a narrow question: Is this stock trading high, low, or normal relative to its own history? It works best alongside growth, profitability, and forward-looking business analysis, because a stock can deserve a higher or lower regime if its business quality has changed.
The current PE ratio of STLD is greater than its 3, 5 and 10-year historical averages.
PE comparison
Steel Dynamics's P/E of 22.68 is above the Basic Materials sector and the industry average but below its peers average. But compared to its Basic Materials sector average of 21.91, Steel Dynamics's P/E is only 3.5% higher.
STLD PE vs peers
Compared to its peers NUE and CRS, STLD's PE ratio stands lower, however it is higher than CMC's and WOR's. Steel Dynamics's PE ratio is trading below the peer group average of 27.58.
| Stock name | PE ratio | Market cap |
|---|---|---|
| CMC Commercial Metals Company | 12.77 | $7.54B |
| WOR Worthington Industries Inc | 17.66 | $2.75B |
| STLD Steel Dynamics Inc | 22.29 | $35.4B |
| NUE Nucor Corp | 24.98 | $57.45B |
| CRS Carpenter Technology Corp | 53.77 | $25.57B |
| AP Ampco Pittsburgh Corp | N/A | $163.42M |
Frequently asked questions
What is Steel Dynamics's PE ratio?
STLD's price to earnings ratio is 22.68 as of Jul 31, 2026.
What is the 3-year average PE ratio for Steel Dynamics (STLD)?
As an average over the last 3 years, STLD stock has a PE ratio of 14.36.
What is the 5-year average PE ratio for Steel Dynamics (STLD)?
As an average over the last 5 years, STLD stock has a PE ratio of 10.44.
What is the highest PE ratio for STLD?
In the last ten years, the Sep 2016 quarter recorded the highest quarterly PE ratio at 56.8.
How does the current PE ratio for STLD compare to its historical average?
STLD's current price to earnings ratio is 87% above its 10-year historical average.
How is STLD's PE ratio calculated (Steel Dynamics PE ratio formula)?
The PE ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (Jul 31, 2026), Steel Dynamics's stock price is $251.26. The earnings per share for the trailing twelve months (TTM) ending Jun 2026 is $11.08. Therefore, Steel Dynamics's P/E ratio for today is 22.68. PE RATIO(22.68) = STOCK PRICE($251.26) / TTM EPS($11.08)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.