Start with its own history
At 8.03×, CF is 55.7% below its 9-observation annual average. A lower multiple can reflect a lower price, higher earnings, or weaker growth expectations—not necessarily a bargain.
NYSE · CFAgricultural InputsUpdated Nov 5, 2026
CF Industries Holdings, Inc. P/E ratio
Current valuation, historical context, and peer comparisons.
Current P/E ratio
8.03×
55.7% belowthe 9-observation annual average
Share price111.68
÷Earnings per share13.9
Price and EPS in quote currency. Calculation details
Investors are paying 8.03 for every 1 of reported earnings per share.
P/E over time
2016 – 2025
Annual P/ESelected-period average 18.14×
3-year average10.44×3 positive annual observations
5-year average10.62×5 positive annual observations
10-year average18.14×9 positive annual observations
Peer median · TTM15.44×8 peers with positive P/E
Historical P/E ratios
Annual period-end data · 21 observations
| Period end | P/E | Change |
|---|---|---|
| Dec 31, 2025 | 8.61× | -31.9% |
| Dec 31, 2024 | 12.64× | +25.4% |
| Dec 31, 2023 | 10.08× | +94.7% |
| Dec 31, 2022 | 5.18× | -68.8% |
| Dec 31, 2021 | 16.60× | -36.8% |
| Dec 31, 2020 | 26.24× | +23.1% |
| Dec 31, 2019 | 21.31× | -38.8% |
| Dec 31, 2018 | 34.81× | +25.2% |
View all 21 annual observations +
| Period end | P/E | Change |
|---|---|---|
| Dec 31, 2017 | 27.80× | N/M |
| Dec 31, 2016 | N/M | N/M |
| Dec 31, 2015 | 13.74× | +36.9% |
| Dec 31, 2014 | 10.04× | +7.0% |
| Dec 31, 2013 | 9.38× | +33.6% |
| Dec 31, 2012 | 7.02× | +7.4% |
| Dec 31, 2011 | 6.53× | -73.9% |
| Dec 31, 2010 | 25.03× | +108.1% |
| Dec 31, 2009 | 12.03× | +202.2% |
| Dec 31, 2008 | 3.98× | -75.8% |
| Dec 31, 2007 | 16.43× | -61.6% |
| Dec 31, 2006 | 42.75× | N/M |
| Dec 31, 2005 | N/M | N/M |
Change is relative to the preceding observation. N/M values are excluded from averages.
How CF compares
Company P/E vs. peer trailing-12-month ratios
| Company | P/E ratio |
|---|---|
 CF This stockCF Industries Holdings, Inc. | 8.03× |
 LXULSB Industries, Inc. | 16.89× |
 UANCVR Partners, LP | 11.14× |
 CVICVR Energy, Inc. | 16.29× |
 NTRNutrien Ltd. | 14.59× |
 2020.SRSABIC Agri-Nutrients Company | 17.67× |
 AKRN.MEPublic Joint Stock Company Acron | 17.73× |
 YRAIFYara International ASA | 7.59× |
 PHOR.MEPublic Joint-Stock Company PhosAgro | 13.56× |
Peers are selected by the data provider. Business models and earnings definitions can differ.
Put the numbers in context
What does CF’s P/E tell you?
Compare like with like
The median of the 8 positive peer ratios above is 15.44×. Check growth, margins, debt, and earnings quality before interpreting the gap. A faster-growing business may justify a higher multiple.
Check what drives earnings
One-off gains can temporarily lower P/E; unusual charges can raise it. Reported earnings and forward estimates answer different questions. Pair this view with return on equity and liquidity for a fuller picture.
Keep your research connected
Take CF into your spreadsheet
Pull historical P/E into Excel or Google Sheets with Wisesheets. Build your own comparisons alongside the rest of your financial model.
Explore WisesheetsQuarterly P/E · latest quarterLQ selects the latest reported quarter. Requires the Wisesheets add-in. See available data
=WISE("CF", "PE Ratio", "LQ")Sources & calculation methodology
Current P/E
Share price 111.68 ÷ EPS 13.9 = 8.03×. Data is supplied by Financial Modeling Prep through Wisesheets. Quote feed updated Nov 5, 2026; this is not a real-time trading quote.
History & averages
Annual and quarterly P/E observations are provided separately from the current quote. Averages use the latest 3, 5, or 10 annual observations, excluding missing and nonpositive ratios. Pre-IPO observations are omitted. These are period-end observations, not daily averages.
Data definitions and limitations
The current quote feed does not specify the exact EPS filing-period end or whether EPS is basic or diluted. We do not label it as forward P/E. Peer ratios are explicitly trailing-12-month (TTM) values. Historical observations do not include independently verified price and EPS inputs. Sources may update on different schedules; rounded inputs can produce small calculation differences. Historical comparisons describe past pricing, not an estimate of fair value.
CF P/E ratio: common questions
The essentials behind the numbers.
CF Industries Holdings, Inc.'s current P/E is 8.03× based on the quote data last updated Nov 5, 2026. It represents the share price divided by reported earnings per share. Prices and earnings may refresh on different schedules.
Annual P/E uses earnings for a completed fiscal year. Trailing-12-month (TTM) P/E uses the latest four quarters, while forward P/E uses forecast earnings. These are not interchangeable. This page labels peer ratios as TTM and shows dated annual or quarterly historical observations; it does not show forward estimates.
N/M means not meaningful: the feed has no positive P/E for that observation. Negative or zero earnings should not be ranked as a low positive valuation multiple. N/M observations are excluded from the averages shown above.
Divide the share price by earnings per share (EPS). For example, a share price of 100 and EPS of 5 gives a P/E of 20×. This page uses the price and EPS supplied together in the quote when both are positive.
Price timestamps, EPS definitions, share classes, adjustments, and fiscal periods can differ. A forward P/E also uses forecast earnings rather than reported earnings. Compare the inputs and as-of dates before comparing two displayed ratios.
Not necessarily. The average describes previous market pricing, not fair value. Changes in earnings quality, growth expectations, debt, accounting, and business risk can justify a different multiple today.