Question 1

What is Nucor's P/B ratio?

Accepted Answer

Nucor (NUE) P/B ratio is 2.7× as of June 5, 2026. The ratio is calculated by dividing market capitalisation by book value of equity, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/B ratio calculated?

Accepted Answer

P/B = Market Capitalisation ÷ Book Value of Equity (most recent quarterly shareholders' equity), or equivalently Share Price ÷ Book Value Per Share. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/B ratio?

Accepted Answer

The price-to-book (P/B) ratio compares a company's market capitalisation to its book value of equity (total shareholders' equity) on the most recent quarterly balance sheet. It is calculated as market cap ÷ book value of equity (equivalent to share price ÷ book value per share). A P/B below 1× implies the market values the business below its accounting net worth; values well above 1× reflect intangible assets, brand value, or a high return on equity.

Question 4

What is a good P/B ratio for Nucor?

Accepted Answer

A "good" P/B depends on the business model. Banks, insurers, and other capital-heavy financials typically trade near 1×; asset-light technology and consumer-brand companies can sustainably trade at 5×+ because much of their value is intangible. P/B is most informative when paired with return on equity (ROE). For Nucor specifically, the relevant sector benchmark is the current sector median of 2.9×.

Question 5

Is Nucor's P/B ratio high or low?

Accepted Answer

Nucor's P/B ratio of 2.7× is above its own 5-year average of 1.9× and below the sector median of 2.9×. That places the current reading at the 94th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Nucor's historical P/B ratio range?

Accepted Answer

In the available daily series, Nucor (NUE) P/B ratio has ranged from a low of 1.1× in 2020 to a high of 3.8× in 2007. The 5-year average is 1.9× and the 5-year median is 1.8×.

Question 7

What was Nucor's P/B ratio in 2025?

Accepted Answer

Nucor (NUE) P/B ratio at the end of 2025 was 1.8×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month book value figure available at that date.

Question 8

Why does Nucor's P/B ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (book value). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$37.40B	$20.94B	1.8×	+0.4×	Dec 31, 2025
2024	$27.31B	$20.29B	1.3×	-0.7×	Dec 31, 2024
2023	$42.96B	$20.94B	2.1×	+0.2×	Dec 31, 2023
2022	$33.66B	$18.41B	1.8×	-0.5×	Dec 31, 2022
2021	$32.01B	$14.02B	2.3×	+0.8×	Dec 31, 2021
2020	$16.14B	$10.79B	1.5×	-0.2×	Dec 31, 2020
2019	$17.08B	$10.36B	1.6×	+0.0×	Dec 31, 2019
2018	$16.05B	$9.79B	1.6×	-0.7×	Dec 31, 2018
2017	$20.30B	$8.74B	2.3×	-0.1×	Dec 31, 2017
2016	$19.04B	$7.88B	2.4×	+0.7×	Dec 31, 2016
2015	$12.92B	$7.42B	1.7×	-0.3×	Dec 31, 2015
2014	$15.70B	$7.77B	2.0×	-0.2×	Dec 31, 2014
2013	$17.05B	$7.65B	2.2×	+0.4×	Dec 31, 2013
2012	$13.75B	$7.64B	1.8×	+0.1×	Dec 31, 2012
2011	$12.56B	$7.47B	1.7×	-0.3×	Dec 31, 2011
2010	$13.86B	$7.12B	1.9×	-0.0×	Dec 31, 2010
2009	$14.70B	$7.39B	2.0×	+0.2×	Dec 31, 2009
2008	$14.54B	$7.93B	1.8×	-1.5×	Dec 31, 2008
2007	$16.99B	$5.11B	3.3×	-0.1×	Dec 31, 2007
2006	$16.43B	$4.83B	3.4×	+1.0×	Dec 31, 2006
2005	$10.35B	$4.28B	2.4×	-0.0×	Dec 31, 2005
2004	$8.39B	$3.46B	2.4×	+0.6×	Dec 31, 2004
2003	$4.39B	$2.34B	1.9×	+0.5×	Dec 31, 2003
2002	$3.20B	$2.32B	1.4×	-0.5×	Dec 31, 2002
2001	$4.12B	$2.20B	1.9×	—	Dec 31, 2001


Linde (LIN)	6.0×
RPM International (RPM)	4.6×
Freeport-McMoRan (FCX)	4.4×
Vulcan Materials (VMC)	4.3×
Air Products and Chemicals (APD)	4.1×
Agnico Eagle Mines (AEM)	3.9×
CF Industries Holdings (CF)	3.7×
Newmont (NEM)	3.4×
Martin Marietta Materials (MLM)	3.1×
CRH (CRH)	3.0×
PPG Industries (PPG)	3.0×
Steel Dynamics (STLD)	2.8×
LyondellBasell (LYB)	2.6×
Corteva (CTVA)	2.3×
Albemarle (ALB)	2.1×
Dow (DOW)	2.0×
Weyerhaeuser (WY)	1.9×
H.B. Fuller (FUL)	1.7×
Eastman Chemical (EMN)	1.4×
Avient (AVNT)	1.4×
Ashland (ASH)	1.4×
DuPont de Nemours (DD)	1.3×
International Flavors & Fragrances (IFF)	1.3×
Stepan (SCL)	1.0×
Mosaic (MOS)	0.7×

P/B Ratio for Nucor (NUE)

P/B Ratio daily chart for Nucor (NUE)

Historical P/B Ratio for Nucor (NUE) from 2001 to 2025

About P/B Ratio at Nucor (NUE)

Nucor P/B Ratio by Year

Nucor P/B Ratio 2025: 1.8×

Nucor P/B Ratio 2024: 1.3×

Nucor P/B Ratio 2023: 2.1×

Nucor P/B Ratio 2022: 1.8×

Nucor P/B Ratio 2021: 2.3×

Sector peers by P/B Ratio — chart

Sector peers by P/B Ratio — table

Frequently asked questions

Nucor (NUE) Key Financials

P/B Ratio daily chart for Nucor (NUE)

Historical P/B Ratio for Nucor (NUE) from 2001 to 2025

About P/B Ratio at Nucor (NUE)

Nucor P/B Ratio by Year

Nucor P/B Ratio 2025: 1.8×

Nucor P/B Ratio 2024: 1.3×

Nucor P/B Ratio 2023: 2.1×

Nucor P/B Ratio 2022: 1.8×

Nucor P/B Ratio 2021: 2.3×

Sector peers by P/B Ratio — chart

Sector peers by P/B Ratio — table

Frequently asked questions

+What is Nucor's P/B ratio?

+How is the P/B ratio calculated?

+What is the P/B ratio?

+What is a good P/B ratio for Nucor?

+Is Nucor's P/B ratio high or low?

+What is Nucor's historical P/B ratio range?

+What was Nucor's P/B ratio in 2025?

+Why does Nucor's P/B ratio change over time?

Nucor (NUE) Key Financials