PE ratio relative to earnings growth — is the valuation justified?
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PEG Ratio
Negative earnings — PE and PEG ratios are not meaningful
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Current Price
$9.86
TTM EPS
$-1.67
P/E Ratio
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Growth Rate
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N/A
Sector
Basic Materials
Steel
Calculated
8/18/2026
11:17:46 AM
PEG Ratio Unavailable
Insufficient price/EPS data
Peer Comparison
Sample Size
3 peers
Industry Median PEG
0.93
25th Percentile
0.84
75th Percentile
1.60
Symbol
Company
PEG
P/E
Growth
vs CLF
NUE
Nucor Corporation
0.84
21.7
26.0%
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STLD
Steel Dynamics, Inc.
0.93
23.4
25.2%
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FCX
Freeport-McMoRan Inc.
1.60
33.5
21.0%
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How to Interpret PEG Ratio
PEG < 1.0 — Potentially Undervalued. The stock may be priced below its earnings growth rate, suggesting a potential buying opportunity.
PEG 1.0–2.0 — Fairly Valued. The stock price is roughly in line with its earnings growth. A PEG of 1.0 is often considered "fair value."
PEG > 2.0 — Potentially Overvalued. The stock may be priced above what its earnings growth justifies.
Limitations:PEG ratios are less reliable for financial firms (earnings driven by interest margins), companies with negative/zero earnings growth, and hypergrowth companies (>100% growth) where the ratio may appear misleadingly low. Always use PEG alongside other valuation metrics.