P/E ratio for Nucor (NUE)

P/E ratio history for Nucor from 2001 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
Steel Dynamics STLD	7.48	24.60%	🇺🇸 USA
Commercial Metals Company CMC	6.24	3.91%	🇺🇸 USA
Gerdau GGB	2.93	-51.24%	🇧🇷 Brazil
U.S. Steel X	6.10	1.69%	🇺🇸 USA
Worthington Enterprises WOR	6.99	16.45%	🇺🇸 USA
POSCO PKX	13.7	127.70%	🇰🇷 S. Korea
ArcelorMittal MT	4.76	-20.68%	🇱🇺 Luxembourg
Carpenter Technology CRS	80.6	1,242.59%	🇺🇸 USA

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.