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ZEUS Olympic Steel PE ratio, current and historical analysis

The price-to-earnings ratio for Olympic Steel stock stands at 12.32 as of Jun 18, 2024. This is calculated based on the current EPS of $3.75 and the stock price of $46.21 per share. A decrease of 25% has been recorded in the PE ratio compared to the average of 16.5 of the past four quarters.

ZEUS PE ratio history

How has ZEUS's PE ratio performed in the past

Over the last ten years, the average PE ratio of Olympic Steel has been 17.4. The current 12.32 price-to-earnings ratio is 29% less than the historical average. In the past ten years, ZEUS's PE ratio reached its highest point in the Dec 2019 quarter at 52.71, with a price of $17.92 and an EPS of $0.34. The Jun 2022 quarter saw the lowest point at 2.06, with a price of $25.75 and an EPS of $12.53.

Average
17.4
Median
12.62
Minimum
2.06
Maximum
52.71

Olympic Steel PE ratio by year

Maximum annual increase: 989.05% in 2019

Maximum annual decrease: -62.39% in 2018

Year PE ratio Change
2023 17.32 305.62%
2022 4.27 91.48%
2021 2.23 N/A
2020 N/A N/A
2019 52.71 989.05%
2018 4.84 -62.39%
2017 12.87 N/A
2016 N/A N/A
2015 N/A N/A
2014 N/A N/A

ZEUS average PE ratio chart

What is the average PE ratio of ZEUS for the past years

ZEUS's current P/E ratio is above the 3-year average, but it is lower than the 5 and 10-year averages.

3-year avg
8.25
5-year avg
16.64
10-year avg
17.4
15-year avg
34.17

ZEUS PE vs peers

What is ZEUS's PE ratio compared to its peers

When compared to its peers RS and MRC, ZEUS's PE ratio is lower, but it is higher than WOR's and FRD's. Olympic Steel's PE ratio is trading below the peer group average of 15.04.

Stock name PE ratio Market cap
FRD Friedman Industries Inc 6.57 $109.42M
WOR Worthington Industries Inc 9.26 $2.59B
ZEUS Olympic Steel Inc 12.32 $514.43M
RS Reliance Steel & Aluminum Co 13.07 $16.26B
MRC Mrc Global Inc 14.02 $1.05B
FSTR Foster L B Co 32.3 $262.03M

Frequently asked questions

What is Olympic Steel's PE ratio?

ZEUS stock has a price to earnings ratio of 12.32 as of Jun 18, 2024.

What is the 3-year average PE ratio for Olympic Steel (ZEUS)?

The 3-year average PE ratio for ZEUS stock is 8.25.

What is the 5-year average PE ratio for Olympic Steel (ZEUS)?

The 5-year average PE ratio for ZEUS stock is 16.64.

What is the highest PE ratio for ZEUS?

Over the last ten years, the quarterly PE ratio reached a historic high of 52.71 in the Dec 2019 quarter.

How does the current PE ratio for ZEUS compare to its historical average?

The current price to earnings ratio of ZEUS is 29% lower than the 10-year historical average.

How is ZEUS's PE ratio calculated (Olympic Steel PE ratio formula)?

To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Jun 18, 2024), Olympic Steel's stock price is $46.21. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $3.75. Therefore, Olympic Steel's price to earnings ratio for today is 12.32. PE RATIO(12.32) = STOCK PRICE($46.21) / TTM EPS($3.75)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.