Commercial Metals (CMC) valuation
Commercial Metals P/E ratio history
Commercial Metals trades at 10.9 times its earnings over the last twelve months and 9.4 times the earnings analysts expect over the next twelve. At its last 10 fiscal year ends its P/E ranged from 4.1 (year to Aug 2022) to 77.9 (year to Aug 2025), with a median of 10.6.
| Fiscal year ended | Price | EPS | P/E | Forward P/E |
|---|---|---|---|---|
| Aug 31, 2026 | $67.47 | $5.86 | 11.5 | — |
| Aug 31, 2025 | $57.67 | $0.74 | 77.9 | 14.0 |
| Aug 31, 2024 | $53.59 | $4.14 | 12.9 | 11.4 |
| Aug 31, 2023 | $56.29 | $7.25 | 7.8 | 8.6 |
| Aug 31, 2022 | $40.51 | $9.95 | 4.1 | — |
| Aug 31, 2021 | $32.62 | $3.38 | 9.7 | 10.3 |
| Aug 31, 2020 | $20.87 | $2.33 | 9.0 | — |
| Aug 31, 2019 | $15.67 | $1.67 | 9.4 | — |
| Aug 31, 2018 | $21.60 | $1.18 | 18.3 | — |
| Aug 31, 2017 | $18.89 | $0.40 | 47.2 | — |
n/m: not meaningful (a loss, or earnings close to zero). The daily P/E line is a chart indicator in the app.
Commercial Metals valuation against its peers
| Company | Market value | P/E | Forward P/E | Price / sales |
|---|---|---|---|---|
| Commercial MetalsCMC | $7.08B | 10.9 | 9.4 | 0.8 |
| Steel DynamicsSTLD | $35.9B | 18.5 | 12.3 | 1.6 |
| NucorNUE | $62.4B | 21.9 | 13.2 | 1.7 |
| Peer median | 20.2 | 12.8 | 1.7 |
Reading these multiples
The P/E divides the share price by earnings per share over the last twelve months; the forward P/E divides it by the earnings analysts expect over the next twelve. Price to sales compares the company's market value with its revenue over the last twelve months. A multiple reads differently from one industry to the next, so the peer group above is the fairer comparison.
See also: CMC financials · CMC returns
No forecast, no recommendation. This page describes Commercial Metals from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.