P/E ratio for Russel Metals (RUS.TO)
P/E ratio as of April 2024 (TTM): 7.89
According to Russel Metals 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.88675. At the end of 2022 the company had a P/E ratio of 4.88.
P/E ratio history for Russel Metals from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 4.88 | -0.06% |
| 2021 | 4.88 | -91.84% |
| 2020 | 59.8 | 231.86% |
| 2019 | 18.0 | 198.29% |
| 2018 | 6.04 | -58.57% |
| 2017 | 14.6 | -41.27% |
| 2016 | 24.8 | -317.9% |
| 2015 | -11.4 | -188.45% |
| 2014 | 12.9 | -43.76% |
| 2013 | 22.9 | 35.27% |
| 2012 | 16.9 | 48.84% |
| 2011 | 11.4 | -52.79% |
| 2010 | 24.1 | -309.37% |
| 2009 | -11.5 | -322.31% |
| 2008 | 5.18 | -64.19% |
| 2007 | 14.5 | 43.69% |
| 2006 | 10.1 | 14.27% |
| 2005 | 8.81 | 104.02% |
| 2004 | 4.32 | -79.86% |
| 2003 | 21.4 | 198.46% |
| 2002 | 7.18 | -66.08% |
| 2001 | 21.2 |
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.