PE Ratio: 23.43

Basis: Latest stored market observation. Source: stored company filings and market data; unavailable inputs remain N/A.

Is the P/E ratio high or low?

The P/E ratio of 23.43 is 116% above its 5-year average of 10.87, near the high end of its 5-year range (3.10–30.27).

As of Tuesday, August 4, 2026. 1.75% above its 12-month average of 23.03.

PE Ratio (23.43) = Close Price ($254.70) / Diluted TTM EPS ($10.87)

STLD PE Ratio Metrics

P/E vs. its own history

At 23.4, P/E is richer than usual, sitting higher than 84% of its 20-year history.

P/E Comparison

PE Ratio Formula & Definition

PE Ratio = Share Price / Diluted EPS (TTM)

The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

PE Ratio FAQ

What is the P/E ratio for Steel Dynamics, Inc. (STLD)?

The P/E ratio for STLD stock is 23.43.

Is Steel Dynamics, Inc.'s P/E ratio high or low?

The P/E ratio of 23.43 is 116% above its 5-year average of 10.87, near the high end of its 5-year range (3.10–30.27).

What is the TTM average P/E ratio for Steel Dynamics, Inc. (STLD)?

The TTM average P/E ratio for STLD stock is 23.03.

What is the 3Y average P/E ratio for Steel Dynamics, Inc. (STLD)?

The 3Y average P/E ratio for STLD stock is 14.52.

What is the 5Y average P/E ratio for Steel Dynamics, Inc. (STLD)?

The 5Y average P/E ratio for STLD stock is 10.14.

What is the 10Y average P/E ratio for Steel Dynamics, Inc. (STLD)?

The 10Y average P/E ratio for STLD stock is 11.61.

What is the 15Y average P/E ratio for Steel Dynamics, Inc. (STLD)?

The 15Y average P/E ratio for STLD stock is 14.44.

What is the 20Y average P/E ratio for Steel Dynamics, Inc. (STLD)?

The 20Y average P/E ratio for STLD stock is 14.16.

Showing the most recent 260 of 4,730 data points. The chart above shows the full history.

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