Is Steel Dynamics, Inc. overvalued?

Steel Dynamics, Inc. (STLD) looks overvalued — trading about 58% above its fair value.

Overvalued

Price

$233.66

Fair value

$97.05

Current P/E

29.2

Normal P/E

12.1

Market cap

$33.49B

Dividend yield

0.9%

Return on equity

17.6%

Sector

Basic Materials

Fair value compares STLD's current P/E to its own historical "normal" P/E (FAST Graphs-style). Updated 24 Sep 2026.

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