CMC P/E ratio: current value, 10-year range and year-by-year history
Cash & Leverage
CMC's p/e ratio is right around its 10-year median of 12.5.
P/E ratio History
CMC P/E ratio by year
Yearly range of CMC’s p/e ratio from 2016 to 2026. Over the full period it ranged from 3.6 to 190.1, averaging 25.0.
| Year | Low | Average | High | Year-end |
|---|---|---|---|---|
| 2026 | 11.3 | 15.3 | 21.4 | 12.6 |
| 2025 | 16.4 | 89.9 | 190.1 | 17.8 |
| 2024 | 7.4 | 14.1 | 57.0 | 44.7 |
| 2023 | 4.7 | 6.1 | 8.0 | 7.7 |
| 2022 | 3.6 | 5.1 | 8.0 | 4.7 |
| 2021 | 6.5 | 11.1 | 15.1 | 7.6 |
| 2020 | 4.4 | 8.2 | 10.5 | 9.5 |
| 2019 | 9.0 | 13.1 | 17.1 | 10.1 |
| 2018 | 14.6 | 34.8 | 53.3 | 15.4 |
| 2017 | 26.3 | 42.6 | 74.9 | 32.3 |
| 2016 | 31.5 | 47.3 | 78.8 | 70.5 |
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How much the market pays for each dollar of annual profit. P/E = Stock Price / EPS. The raw number means little — what matters is whether it's high or low relative to the company's own history.
Price / Earnings Per ShareThe chart shows five color-coded historical zones: green (below 10th percentile) means historically very cheap, fading through lime and gray (the normal 25th–75th range) to orange and red (historically expensive). When the line sits in a green or lime zone, the stock is trading at an unusually low P/E relative to its own history.
- Cyclical businesses look cheapest on P/E at peak earnings — the "earnings trap." Use EV/EBITDA or normalised earnings for energy, materials, and financials.
- A falling P/E trend may signal a business in structural decline, not a buying opportunity.
Is CMC P/E ratio High or Low Right Now?
Commercial Metals Company's P/E ratio is currently 12.6, which is around average relative to its 10-year historical range. The 10-year median P/E ratio for CMC is approximately 12.5. See all CMC valuation metrics →
Unlock 10y, 15y, 20y, and 30y history with peer comparison and CSV export.