RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE
Commercial Metals Stock

Commercial Metals P/E 2024

Commercial Metals P/E

12.75

Ticker

CMC

ISIN

US2017231034

WKN

855786

As of Sep 12, 2024, Commercial Metals's P/E ratio was 12.75, a 113.93% change from the 5.96 P/E ratio recorded in the previous year.

The Commercial Metals P/E history

Commercial Metals Aktienanalyse

What does Commercial Metals do?

The Commercial Metals Co (CMC) is a company in the metal industry that has been in existence for over 100 years and is headquartered in Texas. The company operates internationally and employs over 10,000 employees worldwide. The history of the company begins in 1915 when Moses Feldman opened a forge in Texas. In the following years, the company grew rapidly through acquisitions and investments and established itself as one of the leading companies in the metal industry. CMC's business model is based on offering various metal products and solutions. The company is divided into four main business segments: - Steel manufacturing: CMC produces steel through scrap recycling and offers a wide range of steel products. - Metal processing: CMC processes metals such as aluminum, copper, and brass, offering customized solutions. - Recycling: CMC is one of the largest scrap dealers in North America, recycling millions of tons of scrap every year. - Marketing and sales: CMC distributes its products in the domestic markets of North America, as well as internationally in Asia, Europe, and South America. CMC offers products such as steel bars, wire, rebar, metal pipes, welded grids, and aluminum products. The company also provides services such as transportation and storage. CMC places great importance on sustainability and environmental protection. The company aims to reduce CO2 emissions and energy consumption and supports the circular economy through scrap recycling. Overall, Commercial Metals Co is an important player in the metal industry. The company offers a wide range of products and solutions and strives to promote sustainability and environmental protection. Commercial Metals ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Commercial Metals's P/E Ratio

The Price to Earnings (P/E) Ratio of Commercial Metals is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.

Year-to-Year Comparison

Assessing Commercial Metals's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.

Impact on Investments

The P/E ratio of Commercial Metals is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.

Interpreting P/E Ratio Fluctuations

Fluctuations in Commercial Metals’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.

Frequently Asked Questions about Commercial Metals stock

What is the price-to-earnings ratio of Commercial Metals?

The price-earnings ratio of Commercial Metals is currently 12.75.

How has the price-earnings ratio of Commercial Metals changed compared to last year?

The price-to-earnings ratio of Commercial Metals has increased by 113.93% increased compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Commercial Metals high compared to other companies?

Yes, the price-to-earnings ratio of Commercial Metals is high compared to other companies.

How does an increase in the price-earnings ratio of Commercial Metals affect the company?

An increase in the price-earnings ratio of Commercial Metals would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Commercial Metals affect the company?

A decrease in the price-earnings ratio of Commercial Metals would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Commercial Metals?

Some factors that influence the price-earnings ratio of Commercial Metals are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Commercial Metals pay?

Over the past 12 months, Commercial Metals paid a dividend of 0.64 USD . This corresponds to a dividend yield of about 1.31 %. For the coming 12 months, Commercial Metals is expected to pay a dividend of 0.85 USD.

What is the dividend yield of Commercial Metals?

The current dividend yield of Commercial Metals is 1.31 %.

When does Commercial Metals pay dividends?

Commercial Metals pays a quarterly dividend. This is distributed in the months of November, February, April, August.

How secure is the dividend of Commercial Metals?

Commercial Metals paid dividends every year for the past 24 years.

What is the dividend of Commercial Metals?

For the upcoming 12 months, dividends amounting to 0.85 USD are expected. This corresponds to a dividend yield of 1.75 %.

In which sector is Commercial Metals located?

Commercial Metals is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Commercial Metals kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Commercial Metals from 7/10/2024 amounting to 0.18 USD, you needed to have the stock in your portfolio before the ex-date on 7/1/2024.

When did Commercial Metals pay the last dividend?

The last dividend was paid out on 7/10/2024.

What was the dividend of Commercial Metals in the year 2023?

In the year 2023, Commercial Metals distributed 0.58 USD as dividends.

In which currency does Commercial Metals pay out the dividend?

The dividends of Commercial Metals are distributed in USD.

Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.

Andere Kennzahlen von Commercial Metals

Our stock analysis for Commercial Metals Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Commercial Metals Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.