Steel Dynamics, Inc.STLD

Where STLD's P/E ratio sits inside its own 10-year distribution, with the yearly high, low and average.

$242.06-3.97 (-1.61%)Previous close
NASDAQBasic Materials

STLD P/E ratio: current value, 10-year range and year-by-year history

21.9Historically pricey

STLD's p/e ratio is higher than 82% of the last 10 years.

P/E ratio History

Historically priceyAbove avgAround avgBelow avgHistorically cheap
STLD P/E ratio historySTLD P/E ratio from Sep 2023 to Sep 2026: low 5.72, high 30.27, latest 21.95.3.7610.881825.1232.24Sep 23Apr 24Nov 24Jun 25Feb 26Sep 26med 13.39

STLD P/E ratio by year

Yearly range of STLD’s p/e ratio from 2016 to 2026. Over the full period it ranged from 2.9 to 511.4, averaging 16.4.

STLD P/E ratio — yearly low, average, high and year-end values
YearLowAverageHighYear-end
202618.923.330.321.9
202511.417.623.521.2
20247.69.914.011.6
20234.66.18.07.6
20222.94.05.74.3
20214.011.619.74.0
20205.111.117.414.2
20194.76.911.211.2
20185.311.114.75.6
201715.318.224.419.9
201653.9158.9511.480.9

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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.

FormulaPrice / Earnings Per Share
Full guide
How to read this chart

The 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.

Key caveats
  • 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 STLD P/E ratio High or Low Right Now?

Steel Dynamics, Inc.'s P/E ratio is currently 21.9, which is historically pricey relative to its 10-year historical range. The 10-year median P/E ratio for STLD is approximately 10.7. See all STLD valuation metrics →

Pro — up to 30-year history

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