Cleveland-Cliffs (CLF) fundamentals: P/E, valuation, undervalued?
Cleveland-Cliffs · Materials · ref. ETF XLB · price $11.83
In short — Cleveland-Cliffs trades at —× earnings (P/E), 20.9× forward, with a net margin of -4.6 % and revenue growth of +6 %. Read: Not (yet) profitable (valued on growth, not earnings).
Is Cleveland-Cliffs stock cheap or undervalued? A good time to buy? Here are its fundamentals — P/E, PEG, margin and income statement — to judge its valuation.
📈 1-year price
$11.83+8.7% over range
Aug 28, 25low $7.82 · high $16.18Aug 27, 26
📏 Click 2 points (left → right) to measure the change · click again to clear.
SellBuy
Hold
14% recommend buying · 7 analysts
Valuation : Not (yet) profitable — valued on growth, not earnings
Valuation
—
P/E (price/earnings)
20.9
Forward P/E
—
PEG
1.2
Price/book (P/B)
$6.7B
Market cap
-1.61
EPS
Profitability & growth
-4.6 %
Net margin
+6 %
Revenue growth
—
Earnings growth
$7.7B
Total debt
Cleveland-Cliffs income statement
| Fiscal year | Revenue | Net income | Margin |
|---|---|---|---|
| 2022 | $23.0B | $1.3B | 5.8 % |
| 2023 | $22.0B | $399M | 1.8 % |
| 2024 | $19.2B | $-754M | -3.9 % |
| 2025 | $18.6B | $-1.5B | -7.9 % |
⚠️ Indicative financial data (Yahoo Finance), not investment advice. Amounts in $.
Frequently asked questions
What is Cleveland-Cliffs's P/E and is the stock undervalued? What's a good P/E?
Cleveland-Cliffs's P/E is — (forward 20.9). Below ~15 = fairly cheap, above ~30 = expensive. Our valuation verdict: "Not (yet) profitable".
Is Cleveland-Cliffs profitable?
Cleveland-Cliffs has a net margin of -4.6 % (EPS -1.61). The company is not (yet) profitable.
Is CLF stock expensive?
Our read: "Not (yet) profitable" — valued on growth, not earnings. Cross-check with growth and sector.
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