The price-to-earnings ratio for Olympic Steel stock stands at 14.28 as of May 6, 2024. This is calculated based on the current EPS of $3.75 and the stock price of $53.54 per share. A decrease of 13% 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 17.4. The current 14.28 price-to-earnings ratio is 18% 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 peer FSTR, ZEUS's PE ratio is lower, but it is higher than RS's and WOR's. Olympic Steel's PE ratio is trading above the peer group average of 10.66.
| Stock name | PE ratio | Market cap |
|---|---|---|
| FRD Friedman Industries Inc | 7.52 | $132.76M |
| WOR Worthington Industries Inc | 10.78 | $3.02B |
| MRC Mrc Global Inc | 10.93 | $987.37M |
| RS Reliance Steel & Aluminum Co | 13.44 | $16.72B |
| ZEUS Olympic Steel Inc | 14.46 | $603.83M |
| FSTR Foster L B Co | 182.07 | $280.43M |
ZEUS stock has a price to earnings ratio of 14.28 as of May 6, 2024.
The 3-year average PE ratio for ZEUS stock is 8.25.
The 5-year average PE ratio for ZEUS stock is 16.64.
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 18% 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 (May 6, 2024), Olympic Steel's stock price is $53.54. 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 14.28. PE RATIO(14.28) = STOCK PRICE($53.54) / TTM EPS($3.75)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.