Cleveland-Cliffs (CLF) Price to Book (2009 - 2026)
Cleveland-Cliffs' (CLF) Price to Book was 0.92 for Q2 2026, up 47.1% from 0.63 a year earlier and up 15.0% from the prior quarter.
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Analysis
Cleveland-Cliffs (CLF) Price to Book (2009 - 2026) Analysis & Trends
For FY2025, Price to Book at Cleveland-Cliffs was 1.20, up 77.0% from FY2024.
- By year, Price to Book came in at 0.68 in FY2024 (-46.9%), 1.27 in FY2023 (+23.7%), 1.03 in FY2022 (-45.4%) and 1.89 in FY2021 (-20.0%).
- Five-year quarterly Price to Book spans a low of 0.63 in Q2 2025 and a high of 2.56 in Q1 2022.
- Year over year, Price to Book has now increased in each of the last four quarters, with growth averaging 3.1% over the last eight quarters.
- The high point for year-over-year Price to Book in five years was Q4 2025 (growth of 77.0%); the low point was Q2 2022 (a decline of 62.6%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 0.80 (Q1 2026), 1.20 (Q4 2025) and 1.06 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Rio Tinto | 181.90 Bn | 148.03 Bn | - |
| 2 | Southern Copper | 169.19 Bn | 148.06 Bn | 2.90 Bn |
| 3 | Newmont | 121.55 Bn | 89.73 Bn | 4.03 Bn |
| 4 | Ternium | 108.92 Bn | 73.97 Bn | 941.02 Mn |
| 5 | Freeport-Mcmoran | 100.46 Bn | 96.62 Bn | 2.19 Bn |
| 6 | Agnico Eagle Mines | 91.62 Bn | 91.62 Bn | 2.43 Bn |
| 7 | Barrick Mining | 68.12 Bn | 52.86 Bn | 2.90 Bn |
| 8 | Nucor | 53.04 Bn | 43.58 Bn | 2.03 Bn |
| 9 | ArcelorMittal | 50.74 Bn | 31.77 Bn | - |
| 10 | Cleveland-Cliffs | 6.28 Bn | 6.26 Bn | 132.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.92 |
| Mar 31, 2026 | 0.80 |
| Dec 31, 2025 | 1.20 |
| Sep 30, 2025 | 1.06 |
| Jun 30, 2025 | 0.63 |
| Mar 31, 2025 | 0.63 |
| Dec 31, 2024 | 0.68 |
| Sep 30, 2024 | 0.85 |
| Jun 30, 2024 | 0.98 |
| Mar 31, 2024 | 1.46 |
| Dec 31, 2023 | 1.27 |
| Sep 30, 2023 | 0.95 |
| Jun 30, 2023 | 1.06 |
| Mar 31, 2023 | 1.21 |
| Dec 31, 2022 | 1.03 |
| Sep 30, 2022 | 0.96 |
| Jun 30, 2022 | 1.14 |
| Mar 31, 2022 | 2.56 |
| Dec 31, 2021 | 1.89 |
| Sep 30, 2021 | 2.31 |
API Access
Cleveland-Cliffs Price to Book API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=price-to-book&ticker=CLF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-book", "ticker": "CLF", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=price-to-book&ticker=CLF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();