Start with its own history
At 26.57×, USLM is 22.2% above its 10-observation annual average. A lower multiple can reflect a lower price, higher earnings, or weaker growth expectations—not necessarily a bargain.

Current valuation, historical context, and peer comparisons.
Current P/E ratio
26.57×
22.2% abovethe 10-year annual average
Price and EPS in quote currency. Calculation details
Investors are paying 26.57 for every 1 of reported earnings per share.
Annual period-end data · 25 observations
| Period end | P/E | Change |
|---|---|---|
| Dec 31, 2025 | 25.53× | -26.7% |
| Dec 31, 2024 | 34.84× | +97.4% |
| Dec 31, 2023 | 17.65× | +0.3% |
| Dec 31, 2022 | 17.59× | -10.7% |
| Dec 31, 2021 | 19.69× | -13.6% |
| Dec 31, 2020 | 22.80× | +17.4% |
| Dec 31, 2019 | 19.42× | -4.3% |
| Dec 31, 2018 | 20.29× | +27.6% |
| Period end | P/E | Change |
|---|---|---|
| Dec 31, 2017 | 15.90× | -32.8% |
| Dec 31, 2016 | 23.67× | -0.9% |
| Dec 31, 2015 | 23.89× | +13.1% |
| Dec 31, 2014 | 21.12× | -8.5% |
| Dec 31, 2013 | 23.08× | +603.0% |
| Dec 31, 2012 | 3.28× | -4.4% |
| Dec 31, 2011 | 3.43× | +14.9% |
| Dec 31, 2010 | 2.99× | -7.4% |
| Dec 31, 2009 | 3.23× | +54.4% |
| Dec 31, 2008 | 2.09× | -42.5% |
| Dec 31, 2007 | 3.63× | +24.2% |
| Dec 31, 2006 | 2.93× | -25.9% |
| Dec 31, 2005 | 3.95× | +87.8% |
| Dec 31, 2004 | 2.10× | +4.3% |
| Dec 31, 2003 | 2.01× | -70.0% |
| Dec 31, 2002 | 6.73× | +90.5% |
| Dec 31, 2001 | 3.53× | N/M |
Change is relative to the preceding observation. N/M values are excluded from averages.
Company P/E vs. peer trailing-12-month ratios
| Company | P/E ratio |
|---|---|
USLM This stockUnited States Lime & Minerals, Inc. | 26.57× |
KNFKnife River Corporation | 25.03× |
EXPEagle Materials Inc. | 15.35× |
MTXMinerals Technologies Inc. | N/M |
LOMALoma Negra Compañía Industrial Argentina Sociedad Anónima | 38.41× |
CPACCementos Pacasmayo S.A.A. | 14.47× |
TGLSTecnoglass Inc. | 14.34× |
Peers are selected by the data provider. Business models and earnings definitions can differ.
Put the numbers in context
At 26.57×, USLM is 22.2% above its 10-observation annual average. A lower multiple can reflect a lower price, higher earnings, or weaker growth expectations—not necessarily a bargain.
The median of the 5 positive peer ratios above is 15.35×. Check growth, margins, debt, and earnings quality before interpreting the gap. A faster-growing business may justify a higher multiple.
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
Pull historical P/E into Excel or Google Sheets with Wisesheets. Build your own comparisons alongside the rest of your financial model.
Explore Wisesheets=WISE("USLM", "PE Ratio", "LQ")Share price 120.6151 ÷ EPS 4.54 = 26.57×. Data is supplied by Financial Modeling Prep through Wisesheets. Quote feed updated Nov 2, 2026; this is not a real-time trading quote.
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.
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.
The essentials behind the numbers.
United States Lime & Minerals, Inc.'s current P/E is 26.57× based on the quote data last updated Nov 2, 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.