CMC
COMMERCIAL METALS
PE ratio, current and historical analysis
- Stocks
- Basic Materials
- NYSE: CMC
- PE Ratio
The current PE ratio for COMMERCIAL METALS stock as of Jun 22, 2026 is 16.21. This is calculated based on the current EPS of $4.52 and the stock price of $73.29 per share. The P/E ratio has a decrease of 74% from the past four quarters average of 62.7.
CMC PE ratio history
The average historical PE ratio of COMMERCIAL METALS for the last ten years is 24.66. The current PE ratio of 16.21 is 34% below the historical average. Over the past ten years, CMC's PE ratio was at its highest in the May 2025 quarter at 141.18, when the stock price was $46.59 and the EPS was $0.33. The lowest value was in the Aug 2022 quarter, when it reached 4.01 with a price of $40.51 and an EPS of $10.09.
COMMERCIAL METALS PE ratio by year
Maximum annual increase: 501.17% in 2025
Maximum annual decrease: -61.57% in 2018
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 76.89 | 501.17% | $57.67 | $0.75 |
| 2024 | 12.79 | 66.75% | $53.59 | $4.19 |
| 2023 | 7.67 | 91.27% | $56.29 | $7.34 |
| 2022 | 4.01 | -57.83% | $40.51 | $10.09 |
| 2021 | 9.51 | 7.09% | $32.62 | $3.43 |
| 2020 | 8.88 | -4.82% | $20.87 | $2.35 |
| 2019 | 9.33 | -48.6% | $15.67 | $1.68 |
| 2018 | 18.15 | -61.57% | $21.6 | $1.19 |
| 2017 | 47.23 | 46.09% | $18.89 | $0.4 |
| 2016 | 32.33 | 40.02% | $15.52 | $0.48 |
| 2015 | 23.09 | 28.28% | $15.7 | $0.68 |
| 2014 | 18 | -20.18% | $17.28 | $0.96 |
| 2013 | 22.55 | 216.71% | $14.88 | $0.66 |
| 2012 | 7.12 | N/A | $12.74 | $1.79 |
| 2011 | N/A | N/A | $11.75 | -$1.13 |
COMMERCIAL METALS PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Feb 2026 | 16.22 | -0.8% | $73.3 | $4.52 |
| Nov 2025 | 16.35 | -78.74% | $63.78 | $3.9 |
| Aug 2025 | 76.89 | -45.54% | $57.67 | $0.75 |
| May 2025 | 141.18 | 80.7% | $46.59 | $0.33 |
| Feb 2025 | 78.13 | 44.39% | $48.44 | $0.62 |
| Nov 2024 | 54.11 | 323.06% | $61.69 | $1.14 |
| Aug 2024 | 12.79 | 10.35% | $53.59 | $4.19 |
| May 2024 | 11.59 | 25.16% | $56.32 | $4.86 |
| Feb 2024 | 9.26 | 35.18% | $54 | $5.83 |
| Nov 2023 | 6.85 | -10.69% | $45.33 | $6.62 |
| Aug 2023 | 7.67 | 46.93% | $56.29 | $7.34 |
| May 2023 | 5.22 | -11.53% | $42.75 | $8.19 |
| Feb 2023 | 5.9 | 24.74% | $51.75 | $8.77 |
| Nov 2022 | 4.73 | 17.96% | $49.22 | $10.4 |
| Aug 2022 | 4.01 | -9.89% | $40.51 | $10.09 |
CMC Price vs fair value
CMC 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 CMC is below the 3, 5 and 10-year averages.
PE comparison
COMMERCIAL METALS's P/E of 16.21 is below the Basic Materials sector, the industry and its peers average. Compared to its Basic Materials sector average of 21.67, COMMERCIAL METALS's P/E is 25% lower.
CMC PE vs peers
Compared to its peer stocks NUE and STLD, CMC's PE ratio stands lower. COMMERCIAL METALS's PE ratio is trading below the peer group average of 23.98.
| Stock name | PE ratio | Market cap |
|---|---|---|
| CMC COMMERCIAL METALS Co | 15.75 | $7.89B |
| MLI Mueller Industries Inc | 17.53 | $15.06B |
| WOR Worthington Industries Inc | 23.11 | $2.59B |
| NUE Nucor Corp | 23.74 | $54.61B |
| STLD Steel Dynamics Inc | 25.97 | $35.14B |
| AP Ampco Pittsburgh Corp | N/A | $208.65M |
Frequently asked questions
What is COMMERCIAL METALS's PE ratio?
The price to earnings ratio for CMC stock is 16.21 as of Jun 22, 2026.
What is the 3-year average PE ratio for COMMERCIAL METALS (CMC)?
Over the last 3 years, the average price to earnings ratio for CMC stock is 39.19.
What is the 5-year average PE ratio for COMMERCIAL METALS (CMC)?
Over the last 5 years, the average price to earnings ratio for CMC stock is 25.08.
What is the highest PE ratio for CMC?
The highest quarterly PE ratio in the last ten years has been 141.18 and it was in the May 2025 quarter.
How does the current PE ratio for CMC compare to its historical average?
The current price to earnings ratio of CMC is 34% lower than the 10-year historical average.
How is CMC's PE ratio calculated (COMMERCIAL METALS PE ratio formula)?
To determine the PE ratio, divide the most recent stock price by the TTM earnings per share (EPS). As of today (Jun 22, 2026), COMMERCIAL METALS's stock price is $73.29. The earnings per share for the trailing twelve months (TTM) ending Feb 2026 is $4.52. Therefore, COMMERCIAL METALS's P/E ratio for today is 16.21. PE RATIO(16.21) = STOCK PRICE($73.29) / TTM EPS($4.52)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.