STLD Steel Dynamics PE ratio, current and historical analysis
The price-to-earnings ratio for Steel Dynamics stock stands at 13.0 as of Nov 21, 2024. This is based on the current EPS of $11.15 and the stock price of $144.96 per share. An increase of 31% has been recorded in the P/E ratio compared to the average of 9.9 of the last 4 quarters.
STLD PE ratio history
Over the last ten years, the average PE ratio of Steel Dynamics has been 29.88. The current 13.0 PE ratio is 56% below the historical average. In the past ten years, STLD's PE ratio was at its highest in the Jun 2016 quarter at 612.5, with a price of $24.5 and an EPS of $0.04. 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 | Change |
|---|---|---|
| 2023 | 8.02 | 72.84% |
| 2022 | 4.64 | 17.17% |
| 2021 | 3.96 | -71.97% |
| 2020 | 14.13 | 27.07% |
| 2019 | 11.12 | 99.28% |
| 2018 | 5.58 | -56.27% |
| 2017 | 12.76 | -43.69% |
| 2016 | 22.66 | N/A |
| 2015 | N/A | N/A |
| 2014 | 29.03 | 27.77% |
STLD average PE ratio chart
The current PE ratio of STLD is greater than its 3 and 5-year historical averages, but it is lower than the 10-year average.
STLD PE vs peers
Compared to its peer stocks NUE and X, STLD's PE ratio stands lower. Steel Dynamics's PE ratio is trading below the peer group average of 28.47.
| Stock name | PE ratio | Market cap |
|---|---|---|
| STLD Steel Dynamics Inc | 13 | $22.07B |
| CMC COMMERCIAL METALS Co | 14.42 | $6.88B |
| NUE Nucor Corp | 14.45 | $35.22B |
| X United States Steel Corp | 23.02 | $9.12B |
| CRS Carpenter Technology Corp | 39.72 | $9.01B |
| WOR Worthington Industries Inc | 50.73 | $1.99B |
| AP Ampco Pittsburgh Corp | N/A | $35.17M |
Frequently asked questions
What is Steel Dynamics's PE ratio?
STLD's price to earnings ratio is 13 as of Nov 21, 2024.
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 6.47.
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 8.04.
What is the highest PE ratio for STLD?
In the last ten years, the Jun 2016 quarter recorded the highest quarterly PE ratio at 612.5.
How does the current PE ratio for STLD compare to its historical average?
STLD's current price to earnings ratio is 56% below 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 (Nov 21, 2024), Steel Dynamics's stock price is $144.96. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $11.15. Therefore, Steel Dynamics's P/E ratio for today is 13. PE RATIO(13) = STOCK PRICE($144.96) / TTM EPS($11.15)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.