Friedman Industries PE ratio FRD
Share price divided by earnings per share over the last twelve months, since 2012.
- Today, Oct 23, 2026
- 10.9×
- 9-year median
- 9.3×
- Against its 9-year history
- 55th
- percentile: 0 is its lowest day, 100 its highest
- 9-year range
- 2.0× to 340×
- Peer median
- 61.2×
Friedman Industries' PE ratio is 10.9× as of Oct 23, 2026: a share price of $41.83 against $3.84 of earnings per share over the last twelve months.
That is above its 9-year median of 9.3×, close to the middle of its last 9 years.
Over that time it ranged from 2.0× in May 2022 to 340× in Mar 2018.
The median for 3 steel stocks of a similar size is 61.2×.
PE ratio over time
The dashed line is the 9-year median and the shaded band the middle half of its days.
Year by year
| Year | End of year | Low | High |
|---|---|---|---|
| 2026 so far | 10.9× | 7.6× | 13.6× |
| 2025 | 12.7× | 12.0× | 21.7× |
| 2024 | 13.7× | 6.1× | 15.5× |
| 2023 | 6.0× | 4.0× | 162× |
| 2022 | 140× | 2.0× | 142× |
| 2021 | 2.0× | 2.0× | 8.3× |
| 2020 | n/m a value too high to mean anything | ||
| 2019 | 28.3× | 5.7× | 28.9× |
| 2018 | 6.0× | 5.8× | 340× |
| 2017 | n/m a value too high to mean anything | ||
| 2016 | 143× | 99.8× | 480× |
| 2015 | 40.0× | 28.3× | 138× |
| 2014 | 32.7× | 17.2× | 76.8× |
| 2013 | 18.3× | 8.8× | 20.4× |
| 2012 | 8.9× | 7.7× | 8.9× |
Against its peers
Companies in Steel nearest Friedman Industries' size, closest first, today.
| Company | PE ratio |
|---|---|
| FRDFriedman Industries | 10.9× |
| IIINInsteel Industries | 14.9× |
| MTUSMetallus | 107× |
| BWENBroadwind | n/m |
| Peer median | 61.2× |
Where Friedman Industries ranks
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 Friedman Industries
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.