Valuation check: CLF's P/E ratio is -7.49, below the Materials sector average of 24.53.
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+ Follow-7.49
The P/E ratio compares a company's stock price to its earnings per share. A lower P/E ratio may indicate that the stock is undervalued.
The latest P/E ratio for CLF is -7.49. That is below the Materials sector average of 24.53. Investors often review this figure alongside Cleveland-Cliffs's historical trend and sector peers before judging valuation or financial health.
Against Materials companies, CLF currently prints -7.49 for P/E ratio, while the sector average sits near 24.53. That is roughly 130.5% below the sector mean. Large gaps often invite a closer look at Cleveland-Cliffs's growth, margins, and balance sheet.
A P/E ratio of -7.49 for Cleveland-Cliffs is not 'good' or 'bad' on its own. Compare it with the peer average (24.53) and with CLF's multi-year chart on this page. Persistently elevated multiples need growth or quality to justify them; depressed multiples need a catalyst or evidence the business is misunderstood.
After noting CLF's P/E ratio (-7.49), review year-over-year change, peer averages, and a few neighboring metrics such as revenue, margins, or valuation multiples. That combination usually beats staring at a single figure. The navigation links on this page jump you to those related views.
This page's peer comparison chart is the fastest way to stack Cleveland-Cliffs's P/E ratio against similar Materials names. You can also browse sector and industry screens on Stockcircle for a broader set of Materials companies and their key multiples and fundamentals.