CLF Cleveland-Cliffs PE ratio, current and historical analysis
The current P/E ratio of CLF cannot be calculated, as the latest EPS of -$0.96 is negative. The last recorded PE ratio for Cleveland-Cliffs was 192.38 in June 2024.
CLF PE ratio history
The average historical PE ratio of Cleveland-Cliffs for the last nine years is 20.25. Analyzing the last nine years, CLF's PE ratio reached its highest point in the Jun 2024 quarter at 192.38, when the price was $15.39 and the EPS was $0.08. The lowest point was recorded in the Dec 2018 quarter, when it reached 2.02 with a price of $7.69 and an EPS of $3.8.
Cleveland-Cliffs PE ratio by year
Maximum annual increase: 317.54% in 2023
Maximum annual decrease: -64.12% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 26.18 | 317.54% |
| 2022 | 6.27 | 62.02% |
| 2021 | 3.87 | N/A |
| 2020 | N/A | N/A |
| 2019 | 7.92 | 292.08% |
| 2018 | 2.02 | -64.12% |
| 2017 | 5.63 | -41.11% |
| 2016 | 9.56 | N/A |
| 2015 | N/A | N/A |
| 2014 | N/A | N/A |
CLF average PE ratio chart
CLF PE vs peers
| Stock name | PE ratio | Market cap |
|---|---|---|
| BTU Peabody Energy Corp | 4.95 | $2.51B |
| CNX CNX Resources Corp | 10.04 | $5.41B |
| ACI Albertsons Companies Inc | 11.28 | $11.31B |
| X United States Steel Corp | 17.13 | $6.79B |
| CLF Cleveland-Cliffs Inc | N/A | $4.63B |
Frequently asked questions
What is Cleveland-Cliffs's PE ratio?
The current price to earnings ratio of CLF cannot be determined, as its EPS of -$0.96 is negative.
What is the 3-year average PE ratio for Cleveland-Cliffs (CLF)?
The average PE ratio for CLF stock over the past 3 years is 31.59.
What is the 5-year average PE ratio for Cleveland-Cliffs (CLF)?
The average PE ratio for CLF stock over the past 5 years is 27.42.
What is the highest PE ratio for CLF?
Over the last nine years, the quarterly PE ratio reached its highest level at 192.38 in the Jun 2024 quarter.
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.