Nucor
NUE
#585
Rank
$34.58 B
Marketcap
$147.27
Share price
0.61%
Change (1 day)
-4.97%
Change (1 year)
Nucor Corporation is one of the largest steel producers in the United States.

P/E ratio for Nucor (NUE)

P/E ratio as of November 2024 (TTM): 7.40

According to Nucor 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.40415. At the end of 2022 the company had a P/E ratio of 4.58.

P/E ratio history for Nucor from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20224.58-6.03%
20214.87-78.29%
202022.465.09%
201913.695.74%
20186.95-54.67%
201715.3-41.06%
201626.0-27.77%
201536.063.59%
201422.0-37.37%
201335.129.38%
201227.167.38%
201116.2-84.46%
2010104-312.47%
2009-49.1-732.42%
20087.76-34.7%
200711.924.66%
20069.5419.81%
20057.967.39%
20047.41-89.41%
200370.0252.54%
200219.9-45.64%
200136.5

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
8.80 18.85%๐Ÿ‡บ๐Ÿ‡ธ USA
7.26-2.00%๐Ÿ‡บ๐Ÿ‡ธ USA
3.35-54.78%๐Ÿ‡ง๐Ÿ‡ท Brazil
7.16-3.28%๐Ÿ‡บ๐Ÿ‡ธ USA
6.88-7.06%๐Ÿ‡บ๐Ÿ‡ธ USA
16.4 121.20%๐Ÿ‡ฐ๐Ÿ‡ท S. Korea
5.02-32.22%๐Ÿ‡ฑ๐Ÿ‡บ Luxembourg
78.9 965.54%๐Ÿ‡บ๐Ÿ‡ธ 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.