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NUE Nucor PE ratio, current and historical analysis

The price-to-earnings ratio for Nucor stock stands at 9.07 as of Jun 14, 2024. This results from the current EPS of $17.05 and stock price of $154.69. The current PE ratio is nearly equal to the average from the previous four quarters.

NUE PE ratio history

How has NUE's PE ratio performed in the past

Over the last ten years, the average PE ratio of Nucor has been 23.44. The current 9.07 PE ratio is 61% below the historical average. In the past ten years, NUE's PE ratio was at its highest in the Dec 2015 quarter at 161.2, with a price of $40.3 and an EPS of $0.25. The Jul 2022 quarter recorded the bottom point at 3.25, with a price of $105.64 and an EPS of $32.53.

Average
23.44
Median
14.31
Minimum
3.25
Maximum
161.2

Nucor PE ratio by year

Maximum annual increase: 596.63% in 2015

Maximum annual decrease: -85.11% in 2016

Year PE ratio Change
2023 9.64 111.4%
2022 4.56 -7.13%
2021 4.91 -78.12%
2020 22.44 65.12%
2019 13.59 95.26%
2018 6.96 -55.01%
2017 15.47 -35.54%
2016 24 -85.11%
2015 161.2 596.63%
2014 23.14 -34.11%

NUE average PE ratio chart

What is the average PE ratio of NUE for the past years

NUE's current P/E ratio is above the 3-year historical average, but it is lower than the 5 and 10-year averages.

3-year avg
6.63
5-year avg
10.89
10-year avg
23.44
15-year avg
27.78

NUE PE vs peers

What is NUE's PE ratio compared to its peers

Compared to its peers X and CRS, NUE's PE ratio stands lower, however it is higher than STLD's and CMC's. Nucor's PE ratio is trading below the peer group average of 16.93.

Stock name PE ratio Market cap
STLD Steel Dynamics Inc 8.22 $18.96B
CMC COMMERCIAL METALS Co 8.64 $5.83B
NUE Nucor Corp 9.07 $37.09B
WOR Worthington Industries Inc 9.18 $2.57B
X United States Steel Corp 9.42 $8.2B
USAP Universal Stainless & Alloy Products Inc 29.62 $283.05M
CRS Carpenter Technology Corp 36.5 $4.82B

Frequently asked questions

What is Nucor's PE ratio?

The price to earnings ratio for NUE stock as of Jun 14, 2024, stands at 9.07.

What is the 3-year average PE ratio for Nucor (NUE)?

Over the last 3 years, the average price to earnings ratio for NUE stock is 6.63.

What is the 5-year average PE ratio for Nucor (NUE)?

Over the last 5 years, the average price to earnings ratio for NUE stock is 10.89.

What is the highest PE ratio for NUE?

The highest quarterly PE ratio in the last ten years has been 161.2 and it was in the Dec 2015 quarter.

How does the current PE ratio for NUE compare to its historical average?

NUE's price to earnings ratio is currently 61% below its 10-year historical average.

Why is Nucor's PE ratio so low?

NUE's PE ratio is low because the stock price is relatively cheap compared to the earnings generated by the company.

How is NUE's PE ratio calculated (Nucor 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 (Jun 14, 2024), Nucor's stock price is $154.69. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $17.05. Therefore, Nucor's P/E ratio for today is 9.07. PE RATIO(9.07) = STOCK PRICE($154.69) / TTM EPS($17.05)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.