Reliance Steel & Aluminum
RS
#1210
Rank
$13.57 B
Marketcap
$231.31
Share price
1.70%
Change (1 day)
45.97%
Change (1 year)

P/E ratio for Reliance Steel & Aluminum (RS)

P/E ratio as of February 2023 (TTM): 7.45

According to Reliance Steel & Aluminum 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.4472. At the end of 2021 the company had a P/E ratio of 7.25.

P/E ratio history for Reliance Steel & Aluminum from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
20217.25-65.12%
202020.881.93%
201911.441.3%
20188.09-20.72%
201710.2-46.14%
201618.936.7%
201513.98.31%
201412.8-29.33%
201318.156.23%
201211.6

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
5.49-26.30%๐Ÿ‡บ๐Ÿ‡ธ USA
13.2 77.74%๐Ÿ‡บ๐Ÿ‡ธ USA
4.78-35.83%๐Ÿ‡บ๐Ÿ‡ธ USA
-57.9-877.88%๐Ÿ‡บ๐Ÿ‡ธ USA
-74.8-1,103.96%๐Ÿ‡บ๐Ÿ‡ธ 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.