P/E ratio for Olympic Steel (ZEUS)
P/E ratio as of November 2023 (TTM): 15.6
According to Olympic Steel 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 15.5921. At the end of 2022 the company had a P/E ratio of 4.27.
P/E ratio history for Olympic Steel from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 4.27 | 91.37% |
| 2021 | 2.23 | -108.03% |
| 2020 | -27.8 | -151.14% |
| 2019 | 54.3 | 1026.4% |
| 2018 | 4.82 | -62.54% |
| 2017 | 12.9 | -105.31% |
| 2016 | -242 | 4879.91% |
| 2015 | -4.87 | -53.21% |
| 2014 | -10.4 | -124.76% |
| 2013 | 42.0 | -60.16% |
| 2012 | 105 | 930.78% |
| 2011 | 10.2 | -92.51% |
| 2010 | 137 | -2455.84% |
| 2009 | -5.80 | -277.59% |
| 2008 | 3.26 | -75.6% |
| 2007 | 13.4 | 79.96% |
| 2006 | 7.43 | -34.78% |
| 2005 | 11.4 | 163.15% |
| 2004 | 4.33 | -117.94% |
| 2003 | -24.1 | 345.21% |
| 2002 | -5.42 | -19.18% |
| 2001 | -6.71 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Worthington Industries
WOR | 11.8 | -24.32% | 🇺🇸 USA |
 L.B. Foster FSTR | -4.74 | -130.42% | 🇺🇸 USA |
 Harsco
HSC | -13.3 | -185.05% | 🇺🇸 USA |
 Reliance Steel & Aluminum
RS | 11.2 | -28.32% | 🇺🇸 USA |
 MRC Global
MRC | 10.9 | -29.79% | 🇺🇸 USA |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.