Commercial Metals Company (CMC) Valuation
Historical valuation analysis based on 1280 data points (2021-09-13 to 2026-10-16)
Commercial Metals Co is a manufacturer and supplier of early-stage construction materials, including steel reinforcing bars, concrete pipes, precast products, and soil stabilization solutions. It a...
Commercial Metals Company (CMC) currently trades at a P/E ratio of 16.21 (historical range: 3.94–197.98, median: 11.45), placing it at the 70th percentile — above its historical average, P/S ratio of 0.81 (range: 0.52–1.17, 75th percentile — above its historical average), EV/EBITDA of 11.78 (range: 3.46–157.18, 73th percentile).
Over the historical period (2021-09-13 to 2026-10-16), Commercial Metals Company's P/E ratio has expanded by 607% over the observed period (from an average of 8.1 to 57.1).
Commercial Metals Company trades above its historical valuation range, with most metrics above their median levels.
Historical Valuation Metrics
| Metric | Current | Median | %ile | Assessment |
|---|---|---|---|---|
| P/E Ratio | 16.21 | 11.45 | 70th | above its historical average |
| P/S Ratio | 0.81 | 0.74 | 75th | above its historical average |
| EV/EBITDA | 11.78 | 9.67 | 73th | above its historical average |
| FCF Yield | 5.63% | 7.86% | 37th | above its historical average |
Commercial Metals Company (CMC) Valuation & P/E History
Commercial Metals Company (CMC) is a US-listed stock operating in the Industrials sector, specifically the Steel Works, Blast Furnaces & Rolling Mills (Coke Ovens) industry currently trading at $64.98 with a market capitalization of $7.2 billion. This page provides historical valuation analysis for CMC based on 1280 data points covering 2021-09-13 to 2026-10-16. The P/E ratio of 16.21 is above the historical median of 11.45, placing CMC at the 70th percentile of its valuation range. The P/S ratio of 0.81 compares to a median of 0.74.
CMC Valuation Metrics & Historical Range
The valuation table above shows Commercial Metals Company's current and historical valuation multiples, including P/E ratio, P/S ratio, EV/EBITDA, FCF yield, and dividend yield. Each metric is compared to its own historical range to determine whether CMC is currently trading above or below its typical valuation levels.
- P/E ratio: Price-to-earnings measures how much investors pay per dollar of earnings. A P/E above the historical median suggests CMC is expensively valued; below the median suggests it is cheap.
- P/S ratio: Price-to-sales is useful for companies with volatile or negative earnings. Lower P/S relative to history may indicate value.
- EV/EBITDA: Enterprise value to EBITDA adjusts for debt and cash, providing a capital-structure-neutral valuation measure for Commercial Metals Company.
- FCF yield: Free cash flow yield shows the cash return relative to market price. Higher yields may indicate undervaluation.
Is CMC Overvalued or Undervalued?
Commercial Metals Company trades above its historical valuation range, with most metrics above their median levels. The overall valuation percentile of 73 combines P/E, P/S, and EV/EBITDA percentiles into a single measure of how expensive CMC is relative to its own history. A percentile below 25 suggests the stock may be undervalued, while a percentile above 75 suggests it may be overvalued.
However, valuation is only one factor in investment decisions. A stock can remain "overvalued" for years if growth accelerates, or "undervalued" if the business deteriorates. Always combine valuation analysis with financial statement analysis and the full CMC analysis page for a complete picture.
Valuation data is computed from historical price and fundamental data via Polygon.io and Finnhub.CMC trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.