Cleveland-Cliffs PE ratio CLF

Share price divided by earnings per share over the last twelve months, since 2011.

Today, Oct 23, 2026: n/m; losses over the last year
Last meaningful: 190×; Nov 2024
10-year median: 7.8×
10-year range: 2.0× to 221×
Peer median: 18.3×

Cleveland-Cliffs has no meaningful PE ratio today: it lost $1.62 a share over the last twelve months, and a PE needs earnings.

It was last meaningful in Nov 2024, at 190×.

On the days it had one over the last ten years, its median was 7.8×, from 2.0× in Sep 2022 to 221× in Jul 2024.

PE ratio over time

median 7.8×

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2024	190×	20.0×	221×
2023	30.5×	4.1×	38.9×
2022	3.5×	2.0×	6.1×
2021	5.6×	5.2×	16.9×
2020	5.9×	2.5×	6.8×
2019	2.9×	2.0×	3.9×
2018	2.9×	2.8×	16.7×
2017	13.9×	7.8×	51.3×
2016	46.7×	5.6×	55.2×
2015	n/m a value too high to mean anything
2014	36.2×	7.9×	56.5×
2013	5.8×	5.6×	5.9×
2012	5.6×	3.6×	6.3×
2011	4.8×	4.6×	10.0×

Against its peers

Companies in Basic Materials nearest Cleveland-Cliffs' size, closest first, today.

Company	PE ratio
CLFCleveland-Cliffs	n/m
NEUNewmarket	18.7×
ESIElement Solutions	44.9×
CTVACorteva	8.2×
EMNEastman Chemical	16.9×
AXTAAxalta Coating Systems	21.1×
HLHecla Mining	28.3×
AAAlcoa	7.9×
HXLHexcel	40.0×
CLXClorox	17.9×
SSRMSSR Mining	9.6×
Peer median	18.3×

What the PE ratio tells you

Share price divided by earnings per share over the last twelve months. It is the price tag on a dollar of profit: 20× means you pay $20 for $1 of yearly earnings.

Blank while earnings are negative. A very low PE can mean the market expects profits to fall, so read it with growth and the company's own history.

More on Cleveland-Cliffs

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.