Commercial Metals Company

NYSE CMC

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Commercial Metals Company Price to Sales Ratio (P/S) on June 03, 2024: 0.76

Commercial Metals Company Price to Sales Ratio (P/S) is 0.76 on June 03, 2024, a 30.33% change year over year. The price to sales ratio compares the market price per share of a company's stock to its sales revenue per share. It is calculated by dividing the market capitalization by the revenue, divided by the number of outstanding shares. This ratio provides insights into the market's valuation of a company's sales revenue. A higher ratio suggests that investors are willing to pay a higher price for each unit of sales revenue, indicating positive market sentiment and expectations for future revenue growth.
  • Commercial Metals Company 52-week high Price to Sales Ratio (P/S) is 0.81 on March 21, 2024, which is 7.37% above the current Price to Sales Ratio (P/S).
  • Commercial Metals Company 52-week low Price to Sales Ratio (P/S) is 0.53 on October 23, 2023, which is -29.75% below the current Price to Sales Ratio (P/S).
  • Commercial Metals Company average Price to Sales Ratio (P/S) for the last 52 weeks is 0.69.
NYSE: CMC

Commercial Metals Company

CEO Ms. Barbara R. Smith CPA
IPO Date Jan. 1, 1987
Location United States
Headquarters 6565 N. MacArthur Blvd., Irving, TX, United States, 75039
Employees 13,022
Sector Basic Materials
Industry Steel
Description

Commercial Metals Company manufactures, recycles, and fabricates steel and metal products, and related materials and services in the United States, Poland, China, and internationally. It operates through two segments, North America and Europe. The company processes and sells ferrous and nonferrous scrap metals to steel mills and foundries, aluminum sheet and ingot manufacturers, brass and bronze ingot makers, copper refineries and mills, secondary lead smelters, specialty steel mills, high temperature alloy manufacturers, and other consumers. It also manufactures and sells finished long steel products, including reinforcing bar, merchant bar, light structural, and other special sections, as well as semi-finished billets for rerolling and forging applications. In addition, the company provides fabricated rebar used to reinforce concrete primarily in the construction of commercial and non-commercial buildings, hospitals, convention centers, industrial plants, power plants, highways, bridges, arenas, stadiums, and dams; sells and rents construction-related products and equipment to concrete installers and other businesses; and manufactures and sells strength bars for the truck trailer industry, special bar steels for the energy market, and armor plates for military vehicles. Further, it manufactures rebars, merchant bars, and wire rods; and sells fabricated rebars, wire meshes, fabricated meshes, assembled rebar cages, and other fabricated rebar by-products to fabricators, manufacturers, distributors, and construction companies. The company was founded in 1915 and is headquartered in Irving, Texas.

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StockViz Staff

September 19, 2024

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