Cleveland-Cliffs (CLF) Price to Earnings (2009 - 2024)
Cleveland-Cliffs' (CLF) Price to Earnings stood at 240.10 in Q2 2024, up 542.1% from 37.39 a year earlier and up 732.8% from the prior quarter.
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Analysis
Cleveland-Cliffs (CLF) Price to Earnings (2009 - 2024) Analysis & Trends
For FY2023, Cleveland-Cliffs' Price to Earnings came in at 26.78, up 332.3% from FY2022.
- Across earlier years, Price to Earnings came in at 6.19 in FY2022 (+70.0%), 3.64 in FY2021 and 7.74 in FY2019 (+288.2%).
- The Q2 2024 figure is the highest quarterly Price to Earnings in data going back to Q2 2009.
- On a year-over-year basis, Price to Earnings has increased for four consecutive quarters, with growth averaging 286.8% over the last seven quarters.
- Peak year-over-year performance for Price to Earnings in the last five years was growth of 716.5% in Q3 2023, against a decline of 81.9% in Q2 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 28.83 (Q1 2024), 26.78 (Q4 2023) and 23.21 (Q3 2023).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Rio Tinto | 193.68 Bn | 159.81 Bn | - |
| 2 | Southern Copper | 166.32 Bn | 145.19 Bn | 2.90 Bn |
| 3 | Newmont | 120.84 Bn | 89.01 Bn | 4.03 Bn |
| 4 | Ternium | 110.94 Bn | 75.99 Bn | 941.02 Mn |
| 5 | Freeport-Mcmoran | 99.52 Bn | 95.67 Bn | 2.19 Bn |
| 6 | Agnico Eagle Mines | 90.25 Bn | 90.25 Bn | 2.43 Bn |
| 7 | Barrick Mining | 67.10 Bn | 51.84 Bn | 2.90 Bn |
| 8 | Nucor | 53.52 Bn | 44.06 Bn | 2.03 Bn |
| 9 | ArcelorMittal | 49.13 Bn | 30.16 Bn | - |
| 10 | Cleveland-Cliffs | 6.54 Bn | 6.52 Bn | 132.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2024 | 240.10 |
| Mar 31, 2024 | 28.83 |
| Dec 31, 2023 | 26.78 |
| Sep 30, 2023 | 23.21 |
| Jun 30, 2023 | 37.39 |
| Mar 31, 2023 | 19.79 |
| Dec 31, 2022 | 6.19 |
| Sep 30, 2022 | 2.84 |
| Jun 30, 2022 | 2.23 |
| Mar 31, 2022 | 4.51 |
| Dec 31, 2021 | 3.64 |
| Sep 30, 2021 | 4.59 |
| Jun 30, 2021 | 12.31 |
| Mar 31, 2020 | 4.47 |
| Dec 31, 2019 | 7.75 |
| Sep 30, 2019 | 2.32 |
| Jun 30, 2019 | 2.68 |
| Mar 31, 2019 | 2.50 |
| Dec 31, 2018 | 1.99 |
| Sep 30, 2018 | 4.55 |
API Access
Cleveland-Cliffs Price to Earnings 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-earnings&ticker=CLF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-earnings", "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-earnings&ticker=CLF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();