CMC COMMERCIAL METALS PE ratio, current and historical analysis
The current PE ratio for COMMERCIAL METALS stock as of Feb 21, 2025 is 43.67. This is calculated based on the current EPS of $1.14 and the stock price of $49.78 per share. The P/E ratio has an increase of 99% from the past four quarters average of 21.9.
CMC PE ratio history
The average historical PE ratio of COMMERCIAL METALS for the last ten years is 19.2. The current PE ratio of 43.67 is 127% above the historical average. Over the past ten years, CMC's PE ratio was at its highest in the Nov 2016 quarter at 71, when the stock price was $22.01 and the EPS was $0.31. 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: 216.71% in 2013
Maximum annual decrease: -61.57% in 2018
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 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 |
| 2010 | N/A | N/A | $13.02 | -$1.81 |
COMMERCIAL METALS PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 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 |
| May 2022 | 4.45 | -14.42% | $39.73 | $8.92 |
| Feb 2022 | 5.2 | -19% | $38.55 | $7.42 |
| Nov 2021 | 6.42 | -32.49% | $30.9 | $4.81 |
| Aug 2021 | 9.51 | -17.23% | $32.62 | $3.43 |
| May 2021 | 11.49 | 0.52% | $31.47 | $2.74 |
CMC average PE ratio chart
The current PE ratio of CMC is greater than its 3, 5 and 10-year historical averages.
CMC PE vs peers
Compared to its peer WOR, CMC's PE ratio stands lower, however it is higher than NUE's and STLD's. COMMERCIAL METALS's PE ratio is trading above the peer group average of 22.12.
| Stock name | PE ratio | Market cap |
|---|---|---|
| STLD Steel Dynamics Inc | 11.72 | $19.9B |
| NUE Nucor Corp | 13.03 | $31.75B |
| MLI Mueller Industries Inc | 14.9 | $8.92B |
| X United States Steel Corp | 21.61 | $8.32B |
| CMC COMMERCIAL METALS Co | 43.67 | $5.66B |
| WOR Worthington Industries Inc | 49.33 | $2.12B |
| AP Ampco Pittsburgh Corp | N/A | $40.19M |
Frequently asked questions
What is COMMERCIAL METALS's PE ratio?
The price to earnings ratio for CMC stock is 43.67 as of Feb 21, 2025.
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 10.98.
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 10.12.
What is the highest PE ratio for CMC?
The highest quarterly PE ratio in the last ten years has been 71 and it was in the Nov 2016 quarter.
How does the current PE ratio for CMC compare to its historical average?
The current price to earnings ratio of CMC is 127% higher 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 (Feb 21, 2025), COMMERCIAL METALS's stock price is $49.78. The earnings per share for the trailing twelve months (TTM) ending Nov 2024 is $1.14. Therefore, COMMERCIAL METALS's P/E ratio for today is 43.67. PE RATIO(43.67) = STOCK PRICE($49.78) / TTM EPS($1.14)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.