Radius Recycling (Schnitzer Steel)
RDUS
#6171
Rank
$0.43 B
Marketcap
$15.51
Share price
0.06%
Change (1 day)
-52.94%
Change (1 year)

P/E ratio for Radius Recycling (Schnitzer Steel) (RDUS)

P/E ratio as of June 2024 (TTM): -16.8

According to Radius Recycling (Schnitzer Steel) 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -16.8478. At the end of 2022 the company had a P/E ratio of 8.26.

P/E ratio history for Radius Recycling (Schnitzer Steel) from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20228.2611.7%
20217.40-86.09%
202053.2196.83%
201917.9365.6%
20183.85-73.35%
201714.4-132.59%
2016-44.32181.81%
2015-1.94-103.18%
201461.0-2102.57%
2013-3.04-106.83%
201244.6310.37%
201110.9-44.99%
201019.8-109.94%
2009-199-3647.41%
20085.60-62.88%
200715.152.46%
20069.9054.38%
20056.41-15.07%
20047.55-57.16%
200317.6-2.19%
200218.040.45%
200112.8

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
6.25-137.08%๐Ÿ‡บ๐Ÿ‡ธ USA
7.80-146.27%๐Ÿ‡บ๐Ÿ‡ธ USA
8.91-152.88%๐Ÿ‡บ๐Ÿ‡ธ USA
7.75-146.02%๐Ÿ‡บ๐Ÿ‡ธ USA
24.8-246.98%๐Ÿ‡ฒ๐Ÿ‡ฝ Mexico
7.24-142.95%๐Ÿ‡บ๐Ÿ‡ธ USA
3.13-118.59%๐Ÿ‡ง๐Ÿ‡ท Brazil

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.