Commercial Metals Company (CMC) P/E Ratio History
Historical price-to-earnings valuation from 1990 to 2026
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CMC Valuation Context
How does the current P/E compare to historical and market benchmarks?
P/E Ratio Analysis
As of May 6, 2026, Commercial Metals Company (CMC) trades at a price-to-earnings ratio of 97.5x, with a stock price of $72.15 and trailing twelve-month earnings per share of $3.90.
The current P/E is 292% above its 5-year average of 24.8x. Over the past five years, CMC's P/E has ranged from a low of 4.1x to a high of 150.3x, placing the current valuation at the 95th percentile of its historical range.
Compared to the Basic Materials sector median P/E of 22.9x, CMC trades at a 326% premium to its sector peers. The sector includes 125 companies with P/E ratios ranging from 2.1x to 135.9x.
Relative to the broader market, CMC commands a significant premium over the S&P 500 median P/E of 25.2x. Investors should consider the company's growth prospects, competitive position, and earnings quality when evaluating whether the current valuation is justified.
For a comprehensive intrinsic value estimate using discounted cash flow analysis, see our CMC DCF Valuation Calculator →
Note: P/E ratio is just one valuation metric. It does not account for balance sheet strength, cash flow quality, or growth sustainability. Always conduct comprehensive due diligence before making investment decisions.
CMC P/E vs Peers
P/E ratio compared to closely matched public peers
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $53B | 31.1 | 1.19 | -11% | |
| $35B | 30.3 | 1.20 | -19% | |
| $19B | 26.9 | 1.36 | -10% | |
| $33B | 16.8Lowest | - | -49% | |
| $533M | 24.3 | 0.58Best | -49% | |
| $431B | 49.2 | 1.75 | -15% | |
| $38B | 36.4 | 2.78 | +19%Best |
Peers sorted by market capitalization. P/E below peers may indicate undervaluation or lower growth expectations. Consider PEG ratio for growth-adjusted comparison.
CMC Historical P/E Data (1990–2026)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Date | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2026 Q1 | Sun Nov 30 2025 00:00:00 GM | $63.78 | $3.88 | 16.4x | -14% |
| FY2025 Q4 | Sun Aug 31 2025 00:00:00 GM | $57.67 | $0.76 | 75.9x | +297% |
| FY2025 Q3 | Sat May 31 2025 00:00:00 GM | $46.59 | $0.31 | 150.3x | +686% |
| FY2025 Q2 | Fri Feb 28 2025 00:00:00 GM | $48.44 | $0.60 | 80.7x | +322% |
| FY2025 Q1 | Sat Nov 30 2024 00:00:00 GM | $61.69 | $1.11 | 55.6x | +191% |
| FY2024 Q4 | Sat Aug 31 2024 00:00:00 GM | $53.59 | $4.14 | 12.9x | -32% |
| FY2024 Q3 | Fri May 31 2024 00:00:00 GM | $56.32 | $4.80 | 11.7x | -39% |
| FY2024 Q2 | $54.00 | $5.76 | 9.4x | -51% | |
| FY2024 Q1 | $45.33 | $6.54 | 6.9x | -64% | |
| FY2023 Q4 | $56.29 | $7.25 | 7.8x | -59% | |
| FY2023 Q3 | Wed May 31 2023 00:00:00 GM | $42.75 | $8.09 | 5.3x | -72% |
| FY2023 Q2 | $51.75 | $8.65 | 6.0x | -69% |
Average P/E for displayed period: 19.1x
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Start ComparisonCMC — Frequently Asked Questions
Quick answers to the most common questions about buying CMC stock.
Is CMC stock overvalued or undervalued?
CMC trades at 97.5x P/E, above its 5-year average of 24.8x. The 95th percentile ranking indicates a premium to historical valuation.
How does CMC's valuation compare to peers?
Commercial Metals Company P/E of 97.5x compares to sector median of 22.9x. The premium reflects expected growth above peers.
What is CMC's PEG ratio?
CMC PEG ratio is N/A. Above 2.0 indicates premium valuation relative to growth rate. Historical P/E data spans 1990-2026.