The price-to-earnings ratio for Olympic Steel stock stands at 13.32 as of Jul 25, 2024. This is calculated based on the current EPS of $3.75 and the stock price of $49.94 per share. A decrease of 19% has been recorded in the PE ratio compared to the average of 16.5 of the past four quarters.
Over the last ten years, the average PE ratio of Olympic Steel has been 16.41. The current 13.32 price-to-earnings ratio is 19% 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.
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's current P/E ratio is above the 3-year average, but it is lower than the 5 and 10-year averages.
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 15.69.
Stock name | PE ratio | Market cap |
---|---|---|
FRD Friedman Industries Inc | 7.23 | $120.44M |
WOR Worthington Industries Inc | 9.1 | $2.55B |
ZEUS Olympic Steel Inc | 13.52 | $564.42M |
RS Reliance Steel & Aluminum Co | 14.04 | $17.46B |
MRC Mrc Global Inc | 16.88 | $1.26B |
FSTR Foster L B Co | 31.49 | $255.45M |
ZEUS stock has a price to earnings ratio of 13.32 as of Jul 25, 2024.
The 3-year average PE ratio for ZEUS stock is 8.41.
The 5-year average PE ratio for ZEUS stock is 17.0.
Over the last ten years, the quarterly PE ratio reached a historic high of 52.71 in the Dec 2019 quarter.
The current price to earnings ratio of ZEUS is 19% lower than the 10-year historical average.
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Jul 25, 2024), Olympic Steel's stock price is $49.94. 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 13.32. PE RATIO(13.32) = STOCK PRICE($49.94) / TTM EPS($3.75)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.