Basis: FMP quote price / unrounded diluted EPS from four consecutive issuer fiscal quarters. 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 21.26 is 91% above its 5-year average of 11.15, around the middle of its 5-year range (3.10–30.27).
As of 2026-09-18T18:21:27.453Z. 9.47% below its 12-month average of 23.48.
Calculation as of: 2026-09-18T18:21:27.453Z.
Quote observation: 2026-09-18T18:20:18.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: ab3488fae6c514bf965307f510c1c339bccc9465295b72d50a872e0edf3e4197
PE Ratio (21.26) = Close Price ($234.46) / Diluted TTM EPS ($11.03)
PE RATIO
21.26
PE RATIO AVG TTM
23.48
PE RATIO AVG 3Y
15.10
PE RATIO AVG 5Y
11.15
PE RATIO AVG 10Y
11.75
PE RATIO AVG 15Y
14.55
PE RATIO AVG 20Y
14.27
CURRENT VS TTM AVG
-9.47%
CURRENT VS 3Y AVG
+40.81%
CURRENT VS 5Y AVG
+90.74%
CURRENT VS 10Y AVG
+81.00%
CURRENT VS 15Y AVG
+46.11%
CURRENT VS 20Y AVG
+49.03%
SECTOR MEDIAN · BASIC MATERIALS
23.91
median of 43 covered companies
CURRENT VS SECTOR MEDIAN
-11.08%
vs the sector median at left
Market Cap
$29.49B
PE Ratio
12.06
TTM Avg
26.24
3Y Avg
24.40
5Y Avg
26.39
Market Cap
$21.17B
PE Ratio
76.80
TTM Avg
40.32
3Y Avg
402.20
5Y Avg
219.18
| NAME | MARKET CAP | PE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Steel Dynamics, Inc. (STLD) | $33.60B | 21.26 | 23.48 | 15.10 | 11.15 |
| Teck Resources Limited (TECK)vs › | $31.52B | 17.95 | 38.03 | 40.31 | 29.84 |
| Vulcan Materials Company (VMC)vs › | $31.27B | 28.46 | 35.56 | 37.14 | 37.95 |
| Nutrien Ltd. (NTR)vs › | $37.09B | 15.64 | 16.37 | 24.56 | 19.58 |
| Martin Marietta Materials, Inc. (MLM)vs › | $29.49B | 12.06 | 26.24 | 24.40 | 26.39 |
| PPG Industries, Inc. (PPG)vs › | $23.27B | 15.00 | 19.59 | 21.57 | 23.59 |
| Royal Gold, Inc. (RGLD)vs › | $21.33B | 27.44 | 30.45 | 32.12 | 30.69 |
| International Flavors & Fragrances Inc. (IFF)vs › | $21.17B | 76.80 | 40.32 | 402.20 | 219.18 |
| Dow Inc. (DOW)vs › | $20.76B | N/A | 38.88 | 28.26 | 24.03 |
| Coeur Mining, Inc. (CDE)vs › | $20.48B | 16.02 | 24.72 | 28.33 | 27.79 |
At 21.3, P/E is above its 20-year median — higher than 75% of readings in its 20-year history.
20-year low
1.6
median
13.5
20-year high
627.0
Trailing P/E
21.3
Forward P/E
13.6
Forward P/E is calculated using analyst consensus EPS estimates for the current or next fiscal year.
Calculation:
Current Price
$234.46
Forward EPS (Est.)
$17.23
Forward P/E
13.61
Source: FMP Analyst Consensus Estimates. Forward EPS represents the average analyst estimate for the nearest fiscal year.
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
| DATE | PE RATIO |
|---|---|
| 2026-09-11 | 21.74 |
| 2026-09-10 | 21.49 |
| 2026-09-09 | 21.82 |
| 2026-09-08 | 21.79 |
| 2026-09-04 | 21.95 |
| 2026-09-03 | 22.31 |
| 2026-09-02 | 22.45 |
| 2026-09-01 | 21.22 |
| 2026-08-31 | 21.09 |
| 2026-08-28 | 21.28 |
| 2026-08-27 | 21.38 |
| 2026-08-26 | 21.39 |
| 2026-08-25 | 20.95 |
| 2026-08-24 | 20.79 |
| 2026-08-21 | 20.73 |
| 2026-08-20 | 19.85 |
| 2026-08-19 | 20.94 |
| 2026-08-18 | 22.65 |
| 2026-08-17 | 23.41 |
| 2026-08-14 | 23.19 |
| 2026-08-13 | 23.62 |
| 2026-08-12 | 23.86 |
| 2026-08-11 | 23.91 |
| 2026-08-10 | 24.35 |
| 2026-08-07 | 23.79 |
| 2026-08-06 | 23.71 |
| 2026-08-05 | 24.11 |
| 2026-08-04 | 24.03 |
| 2026-08-03 | 23.43 |
| 2026-07-31 | 22.78 |
| 2026-07-30 | 22.89 |
| 2026-07-29 | 22.88 |
| 2026-07-28 | 27.81 |
| 2026-07-27 | 26.80 |
| 2026-07-24 | 26.46 |
| 2026-07-23 | 25.76 |
| 2026-07-22 | 25.55 |
| 2026-07-21 | 25.00 |
| 2026-07-20 | 24.68 |
| 2026-07-17 | 25.22 |
| 2026-07-16 | 25.16 |
| 2026-07-15 | 25.22 |
| 2026-07-14 | 24.98 |
| 2026-07-13 | 25.07 |
| 2026-07-10 | 24.46 |
| 2026-07-09 | 23.78 |
| 2026-07-08 | 24.49 |
| 2026-07-07 | 24.58 |
| 2026-07-06 | 24.31 |
| 2026-07-02 | 23.60 |
| 2026-07-01 | 23.74 |
| 2026-06-30 | 24.57 |
| 2026-06-29 | 25.08 |
| 2026-06-26 | 26.28 |
| 2026-06-25 | 26.87 |
| 2026-06-24 | 25.85 |
| 2026-06-23 | 26.09 |
| 2026-06-22 | 26.87 |
| 2026-06-18 | 26.76 |
| 2026-06-17 | 28.92 |
| 2026-06-16 | 29.37 |
| 2026-06-15 | 29.14 |
| 2026-06-12 | 30.27 |
| 2026-06-11 | 29.93 |
| 2026-06-10 | 28.73 |
| 2026-06-09 | 28.89 |
| 2026-06-08 | 28.61 |
| 2026-06-05 | 28.75 |
| 2026-06-04 | 29.64 |
| 2026-06-03 | 29.46 |
| 2026-06-02 | 29.06 |
| 2026-06-01 | 28.01 |
| 2026-05-29 | 27.85 |
| 2026-05-28 | 27.92 |
| 2026-05-27 | 27.65 |
| 2026-05-26 | 26.82 |
| 2026-05-22 | 25.70 |
| 2026-05-21 | 24.82 |
| 2026-05-20 | 24.44 |
| 2026-05-19 | 23.92 |
| 2026-05-18 | 24.47 |
| 2026-05-15 | 24.55 |
| 2026-05-14 | 25.13 |
| 2026-05-13 | 25.38 |
| 2026-05-12 | 24.93 |
| 2026-05-11 | 25.26 |
| 2026-05-08 | 25.17 |
| 2026-05-07 | 24.94 |
| 2026-05-06 | 25.89 |
| 2026-05-05 | 25.42 |
| 2026-05-04 | 24.61 |
| 2026-05-01 | 24.55 |
| 2026-04-30 | 24.48 |
| 2026-04-29 | 24.02 |
| 2026-04-28 | 24.30 |
| 2026-04-27 | 28.13 |
| 2026-04-24 | 28.35 |
| 2026-04-23 | 28.13 |
| 2026-04-22 | 28.43 |
| 2026-04-21 | 27.53 |
| 2026-04-20 | 26.17 |
| 2026-04-17 | 25.04 |
| 2026-04-16 | 24.47 |
| 2026-04-15 | 24.26 |
| 2026-04-14 | 24.41 |
| 2026-04-13 | 24.43 |
| 2026-04-10 | 23.82 |
| 2026-04-09 | 23.75 |
| 2026-04-08 | 23.45 |
| 2026-04-07 | 22.15 |
| 2026-04-06 | 22.07 |
| 2026-04-02 | 22.53 |
| 2026-04-01 | 22.86 |
| 2026-03-31 | 22.50 |
| 2026-03-30 | 21.47 |
| 2026-03-27 | 21.37 |
| 2026-03-26 | 21.80 |
| 2026-03-25 | 21.68 |
| 2026-03-24 | 21.21 |
| 2026-03-23 | 20.83 |
| 2026-03-20 | 20.49 |
| 2026-03-19 | 20.95 |
| 2026-03-18 | 21.09 |
| 2026-03-17 | 21.58 |
| 2026-03-16 | 21.79 |
| 2026-03-13 | 21.33 |
| 2026-03-12 | 21.89 |
| 2026-03-11 | 23.03 |
| 2026-03-10 | 22.77 |
| 2026-03-09 | 22.80 |
| 2026-03-06 | 22.70 |
| 2026-03-05 | 23.75 |
| 2026-03-04 | 24.24 |
| 2026-03-03 | 24.68 |
| 2026-03-02 | 25.19 |
| 2026-02-27 | 25.61 |
| 2026-02-26 | 25.53 |
| 2026-02-25 | 25.40 |
| 2026-02-24 | 25.31 |
| 2026-02-23 | 26.00 |
| 2026-02-20 | 25.65 |
| 2026-02-19 | 25.28 |
| 2026-02-18 | 25.56 |
| 2026-02-17 | 25.45 |
| 2026-02-13 | 25.42 |
| 2026-02-12 | 26.46 |
| 2026-02-11 | 27.29 |
| 2026-02-10 | 26.67 |
| 2026-02-09 | 26.89 |
| 2026-02-06 | 26.84 |
| 2026-02-05 | 25.60 |
| 2026-02-04 | 26.38 |
| 2026-02-03 | 25.59 |
| 2026-02-02 | 24.74 |
| 2026-01-30 | 23.82 |
| 2026-01-29 | 24.13 |
| 2026-01-28 | 23.13 |
| 2026-01-27 | 23.30 |
| 2026-01-26 | 22.99 |
| 2026-01-23 | 24.05 |
| 2026-01-22 | 23.71 |
| 2026-01-21 | 23.85 |
| 2026-01-20 | 22.79 |
| 2026-01-16 | 23.02 |
| 2026-01-15 | 23.22 |
| 2026-01-14 | 22.65 |
| 2026-01-13 | 22.53 |
| 2026-01-12 | 22.46 |
| 2026-01-09 | 22.45 |
| 2026-01-08 | 22.83 |
| 2026-01-07 | 22.26 |
| 2026-01-06 | 22.91 |
| 2026-01-05 | 22.79 |
| 2026-01-02 | 23.35 |
| 2025-12-31 | 22.47 |
| 2025-12-30 | 22.68 |
| 2025-12-29 | 22.93 |
| 2025-12-26 | 23.27 |
| 2025-12-24 | 23.26 |
| 2025-12-23 | 23.50 |
| 2025-12-22 | 23.31 |
| 2025-12-19 | 23.11 |
| 2025-12-18 | 23.15 |
| 2025-12-17 | 22.91 |
| 2025-12-16 | 22.43 |
| 2025-12-15 | 22.41 |
| 2025-12-12 | 22.81 |
| 2025-12-11 | 22.95 |
| 2025-12-10 | 22.71 |
| 2025-12-09 | 21.94 |
| 2025-12-08 | 22.03 |
| 2025-12-05 | 21.91 |
| 2025-12-04 | 22.30 |
| 2025-12-03 | 22.75 |
| 2025-12-02 | 22.23 |
| 2025-12-01 | 22.23 |
| 2025-11-28 | 22.26 |
| 2025-11-26 | 22.10 |
| 2025-11-25 | 21.78 |
| 2025-11-24 | 21.38 |
| 2025-11-21 | 20.98 |
| 2025-11-20 | 20.31 |
| 2025-11-19 | 20.62 |
| 2025-11-18 | 20.51 |
| 2025-11-17 | 20.57 |
| 2025-11-14 | 20.61 |
| 2025-11-13 | 20.50 |
| 2025-11-12 | 20.94 |
| 2025-11-11 | 20.21 |
| 2025-11-10 | 20.22 |
| 2025-11-07 | 20.15 |
| 2025-11-06 | 20.28 |
| 2025-11-05 | 20.44 |
| 2025-11-04 | 20.11 |
| 2025-11-03 | 20.69 |
| 2025-10-31 | 20.80 |
| 2025-10-30 | 20.98 |
| 2025-10-29 | 21.68 |
| 2025-10-28 | 21.36 |
| 2025-10-27 | 20.96 |
| 2025-10-24 | 22.33 |
| 2025-10-23 | 22.00 |
| 2025-10-22 | 21.69 |
| 2025-10-21 | 22.46 |
| 2025-10-20 | 21.35 |
| 2025-10-17 | 20.84 |
| 2025-10-16 | 20.82 |
| 2025-10-15 | 21.32 |
| 2025-10-14 | 21.46 |
| 2025-10-13 | 21.25 |
| 2025-10-10 | 20.62 |
| 2025-10-09 | 21.57 |
| 2025-10-08 | 21.39 |
| 2025-10-07 | 20.84 |
| 2025-10-06 | 20.68 |
| 2025-10-03 | 21.18 |
| 2025-10-02 | 21.08 |
| 2025-10-01 | 20.58 |
| 2025-09-30 | 20.35 |
| 2025-09-29 | 20.27 |
| 2025-09-26 | 20.38 |
| 2025-09-25 | 19.87 |
| 2025-09-24 | 19.91 |
| 2025-09-23 | 19.95 |
| 2025-09-22 | 20.30 |
| 2025-09-19 | 20.33 |
| 2025-09-18 | 20.41 |
| 2025-09-17 | 19.98 |
| 2025-09-16 | 20.39 |
| 2025-09-15 | 19.21 |
| 2025-09-12 | 19.07 |
| 2025-09-11 | 19.56 |
| 2025-09-10 | 19.38 |
| 2025-09-09 | 19.02 |
| 2025-09-08 | 19.64 |
| 2025-09-05 | 19.65 |
| 2025-09-04 | 19.10 |
| 2025-09-03 | 18.92 |
| 2025-09-02 | 18.84 |
| 2025-08-29 | 19.11 |
Showing the most recent 260 of 4,732 data points. The chart above shows the full history.