Cleveland-Cliffs Overview
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+ Follow-16.01
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.
As of the most recent data, CVA.F shows a P/E ratio of -16.01. That is below the Materials sector average of 11.91. Scroll down for historical charts and peer comparison views.
The Materials sector average P/E ratio is about 11.91. Cleveland-Cliffs is at -16.01, which is lower that average. That is roughly 234.4% below the sector mean. Use the comparison chart on this page to see how CVA.F stacks up against individual peers as well.
Investors watch CVA.F's P/E ratio because it compresses price and fundamentals into one number that is easy to compare across companies and over time. Cleveland-Cliffs's latest reading is -16.01. Combining that with growth, ROE, and debt metrics usually beats relying on a single multiple.
Besides this p/e ratio page, Stockcircle has Cleveland-Cliffs's full stock overview, other financial metrics, insider and congress trade tabs, and tools to follow the stock. Together they help you connect P/E ratio (currently -16.01) with ownership activity and broader fundamentals.
The Materials average P/E ratio is about 11.91, while CVA.F is at -16.01. Typical ranges vary by sub-industry, so always sanity-check against the closest competitors, not just the whole sector bucket.
