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CLF (Cleveland-Cliffs) Shiller PE Ratio : 4.94 (As of Jul. 01, 2025)


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What is Cleveland-Cliffs Shiller PE Ratio?

As of today (2025-07-01), Cleveland-Cliffs's current share price is $7.60. Cleveland-Cliffs's E10 for the quarter that ended in Mar. 2025 was $1.54. Cleveland-Cliffs's Shiller PE Ratio for today is 4.94.

The historical rank and industry rank for Cleveland-Cliffs's Shiller PE Ratio or its related term are showing as below:

CLF' s Shiller PE Ratio Range Over the Past 10 Years
Min: 3.79   Med: 5.77   Max: 12.34
Current: 4.93

During the past years, Cleveland-Cliffs's highest Shiller PE Ratio was 12.34. The lowest was 3.79. And the median was 5.77.

CLF's Shiller PE Ratio is ranked better than
91.13% of 372 companies
in the Steel industry
Industry Median: 14.66 vs CLF: 4.93

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Cleveland-Cliffs's adjusted earnings per share data for the three months ended in Mar. 2025 was $-1.000. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $1.54 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cleveland-Cliffs Shiller PE Ratio Historical Data

The historical data trend for Cleveland-Cliffs's Shiller PE Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Cleveland-Cliffs Shiller PE Ratio Chart

Cleveland-Cliffs Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 10.05

Cleveland-Cliffs Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Shiller PE Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - 10.05 5.33

Competitive Comparison of Cleveland-Cliffs's Shiller PE Ratio

For the Steel subindustry, Cleveland-Cliffs's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Cleveland-Cliffs's Shiller PE Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Cleveland-Cliffs's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Cleveland-Cliffs's Shiller PE Ratio falls into.


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Cleveland-Cliffs Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Cleveland-Cliffs's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=7.60/1.54
=4.94

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Cleveland-Cliffs's E10 for the quarter that ended in Mar. 2025 is calculated as:

For example, Cleveland-Cliffs's adjusted earnings per share data for the three months ended in Mar. 2025 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=-1/134.9266*134.9266
=-1.000

Current CPI (Mar. 2025) = 134.9266.

Cleveland-Cliffs Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201506 0.390 100.684 0.523
201509 -0.100 100.392 -0.134
201512 -0.390 99.792 -0.527
201603 0.620 100.470 0.833
201606 0.070 101.688 0.093
201609 -0.120 101.861 -0.159
201612 0.340 101.863 0.450
201703 -0.110 102.862 -0.144
201706 0.100 103.349 0.131
201709 0.180 104.136 0.233
201712 1.050 104.011 1.362
201803 -0.290 105.290 -0.372
201806 0.550 106.317 0.698
201809 1.410 106.507 1.786
201812 1.980 105.998 2.520
201903 -0.080 107.251 -0.101
201906 0.570 108.070 0.712
201909 0.330 108.329 0.411
201912 0.230 108.420 0.286
202003 -0.180 108.902 -0.223
202006 -0.310 108.767 -0.385
202009 -0.020 109.815 -0.025
202012 0.140 109.897 0.172
202103 0.070 111.754 0.085
202106 1.330 114.631 1.565
202109 2.330 115.734 2.716
202112 1.690 117.630 1.939
202203 1.500 121.301 1.668
202206 1.130 125.017 1.220
202209 0.290 125.227 0.312
202212 -0.410 125.222 -0.442
202303 -0.110 127.348 -0.117
202306 0.670 128.729 0.702
202309 0.520 129.860 0.540
202312 -0.310 129.419 -0.323
202403 -0.140 131.776 -0.143
202406 0.004 132.554 0.004
202409 -0.520 133.029 -0.527
202412 -0.920 133.157 -0.932
202503 -1.000 134.927 -1.000

Add all the adjusted EPS together and divide 10 will get our E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Cleveland-Cliffs  (NYSE:CLF) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Cleveland-Cliffs Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of Cleveland-Cliffs's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Cleveland-Cliffs Business Description

Address
200 Public Square, Suite 3300, Cleveland, OH, USA, 44114-2315
Cleveland-Cliffs Inc is a flat-rolled steel producer and manufacturer of iron ore pellets in North America. It is organized into four operating segments based on differentiated products, Steelmaking, Tubular, Tooling and Stamping and European Operations, but operates through one reportable segment -Steelmaking. It is vertically integrated from mined raw materials, direct reduced iron, and ferrous scrap to primary steelmaking and downstream finishing, stamping, tooling and tubing. It serves a diverse range of other markets due to its comprehensive offering of flat-rolled steel products. Geographically, it operates in the United States, Canada and other countries. The majority of revenue is from the United States. It is a supplier of steel to the automotive industry in North America.
Executives
James D Graham officer: EVP, Chief Legal Officer & Sec 200 PUBLIC SQUARE, SUITE 3300, CLEVELAND OH 44114
John T Baldwin director 200 PUBLIC SQUARE, SUITE 3300, CLEVELAND OH 44114
Keith Koci officer: EVP, Chief Financial Officer ONE RIVERWAY, SUITE 1100, HOUSTON TX 77056
Michael Ralph S Iii director
Goncalves Celso L Jr officer: EVP, CFO 200 PUBLIC SQUARE, SUITE 3300, CLEVELAND OH 44114
Douglas C Taylor director 200 PUBLIC SQUARE, SUITE 3300, CLEVELAND OH 44114
Lourenco Goncalves director, officer: Chairman, President & CEO
Susan Miranda Green director 11211 LANDY COURT, KENSINGTON MD 20895
Arlene M Yocum director 99 PINE STREET, ALBANY NY 12207
Terry G. Fedor officer: EVP, United States Iron Ore 200 PUBLIC SQUARE, SUITE 3300, CLEVELAND OH 44067
Clifford T Smith officer: EVP, Seaborne Iron Ore 200 PUBLIC SQUARE, SUITE 3300, CLEVELAND OH 44114
Janet L Miller director 200 PUBLIC SQUARE, SUITE 3300, CLEVELAND OH 44114
Fisher Robert P Jr director 200 PUBLIC SQUARE, SUITE 3300, CLEVELAND OH 44067
Arcelormittal North America Holdings Llc other: Former 10% Owner 1 SOUTH DEARBORN STREET, 13TH FLOOR, CHICAGO IL 60603
Rcelormittal other: Former 10% Owner 24-26, BOULEVARD D?AVRANCHES, L-1160 LUXEMBOURG, GRAND DUCHY OF LUXEMBOURG N4 00000