The PE ratio for United States Steel stock stands at 10.5 as of Jul 25, 2024. This is calculated based on the current EPS of $3.87 and the stock price of $40.63 per share. An increase of 27% has been seen in the P/E ratio compared to the average of 8.3 of the last 4 quarters.
Over the last ten years, the average PE ratio of United States Steel has been 14.39. The current 10.5 PE ratio is 27% below the historical average. Over the past ten years, X's PE ratio was at its highest in the Jun 2017 quarter at 116.53, with a price of $22.14 and an EPS of $0.19. The Jun 2022 quarter recorded the bottom point at 0.97, with a price of $17.91 and an EPS of $18.55.
Maximum annual increase: 398.78% in 2023
Maximum annual decrease: -81.85% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 12.22 | 398.78% |
| 2022 | 2.45 | 62.25% |
| 2021 | 1.51 | N/A |
| 2020 | N/A | N/A |
| 2019 | N/A | N/A |
| 2018 | 2.89 | -81.85% |
| 2017 | 15.92 | N/A |
| 2016 | N/A | N/A |
| 2015 | N/A | N/A |
| 2014 | 37.66 | N/A |
Currently, X's PE ratio is greater than its 3 and 5-year historical averages, but it is below the 10-year average.
X's PE ratio is higher than its peer stocks STLD and WOR.
| Stock name | PE ratio | Market cap |
|---|---|---|
| STLD Steel Dynamics Inc | 8.89 | $20.51B |
| WOR Worthington Industries Inc | 9.1 | $2.55B |
| X United States Steel Corp | 10.53 | $9.16B |
X's price to earnings ratio is 10.5 as of Jul 25, 2024.
As an average over the last 3 years, X stock has a PE ratio of 4.25.
As an average over the last 5 years, X stock has a PE ratio of 4.37.
In the last ten years, the Jun 2017 quarter recorded the highest quarterly PE ratio at 116.53.
The current price to earnings ratio of X is 27% lower than the 10-year historical average.
You can calculate the PE ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Jul 25, 2024), United States Steel's stock price is $40.63. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $3.87. Therefore, United States Steel's P/E ratio for today is 10.5. PE RATIO(10.5) = STOCK PRICE($40.63) / TTM EPS($3.87)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.