The PE ratio for United States Steel stock stands at 5.42 as of Sep 28, 2023. This is calculated based on the current EPS of $5.95 and the stock price of $32.25 per share. An increase of 90% has been seen in the P/E ratio compared to the average of 2.9 of the last 4 quarters.
Over the last nine years, the average PE ratio of United States Steel has been 15.07. The current 5.42 PE ratio is 64% below the historical average. Over the past nine 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: 62.25% in 2022
Maximum annual decrease: -81.85% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 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 |
| 2013 | N/A | 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 lower than its peer stocks STLD and WOR.
| Stock name | PE ratio | Market cap |
|---|---|---|
| X United States Steel Corp | 5.48 | $7.27B |
| STLD Steel Dynamics Inc | 6.2 | $17.81B |
| WOR Worthington Industries Inc | 11.89 | $3.13B |
X's price to earnings ratio is 5.42 as of Sep 28, 2023.
As an average over the last 3 years, X stock has a PE ratio of 2.73.
As an average over the last 5 years, X stock has a PE ratio of 3.16.
In the last nine years, the Jun 2017 quarter recorded the highest quarterly PE ratio at 116.53.
The current price to earnings ratio of X is 64% lower than the 9-year historical average.
X's PE ratio of 5.42 is considered low because the company's stock price is trading at a lower multiple of earnings.
You can calculate the PE ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Sep 28, 2023), United States Steel's stock price is $32.25. The earnings per share for the trailing twelve months (TTM) ending Jun 2023 is $5.95. Therefore, United States Steel's P/E ratio for today is 5.42. PE RATIO(5.42) = STOCK PRICE($32.25) / TTM EPS($5.95)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.