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RS Reliance Steel & Aluminum PE ratio, current and historical analysis

The current PE ratio for Reliance Steel & Aluminum stock as of Jun 14, 2024 is 12.79. This is calculated based on the current EPS of $21.66 and the stock price of $277.09 per share. The P/E ratio has grown by 4.3% from the past four quarters average of 12.3.

RS PE ratio history

How has RS's PE ratio performed in the past

The average historical PE ratio of Reliance Steel & Aluminum for the last ten years is 12.19. The current PE ratio of 12.79 is 4.9% above the historical average. Over the past ten years, RS's PE ratio was at its highest in the Dec 2020 quarter at 20.86, when the stock price was $119.75 and the EPS was $5.74. The lowest value was in the Jun 2022 quarter, when it reached 5.53 with a price of $169.86 and an EPS of $30.74.

Average
12.19
Median
11.95
Minimum
5.53
Maximum
20.86

Reliance Steel & Aluminum PE ratio by year

Maximum annual increase: 83.33% in 2023

Maximum annual decrease: -65.2% in 2021

Year PE ratio Change
2023 12.21 83.33%
2022 6.66 -8.26%
2021 7.26 -65.2%
2020 20.86 82.66%
2019 11.42 42.04%
2018 8.04 -21.1%
2017 10.19 -46.06%
2016 18.89 36.98%
2015 13.79 7.57%
2014 12.82 -29.17%

RS average PE ratio chart

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

RS's current P/E ratio is above the 3, 5 and 10-year historical averages.

3-year avg
9.15
5-year avg
11.02
10-year avg
12.19
15-year avg
13.07

RS PE vs peers

What is RS's PE ratio compared to its peers

RS's PE ratio is lower than its peer stock CRS, but it is greater than NUE's and WOR's. Reliance Steel & Aluminum's current PE ratio of 12.79 is below the average of its peers, which is 14.82.

Stock name PE ratio Market cap
FRD Friedman Industries Inc 7.05 $117.51M
NUE Nucor Corp 9.07 $37.09B
WOR Worthington Industries Inc 9.18 $2.57B
ZEUS Olympic Steel Inc 12.29 $512.88M
RS Reliance Steel & Aluminum Co 12.79 $15.91B
CRS Carpenter Technology Corp 36.5 $4.82B
AA Alcoa Corp N/A $6.81B

Frequently asked questions

What is Reliance Steel & Aluminum's PE ratio?

As of Jun 14, 2024, RS stock has a price to earnings ratio of 12.79.

What is the 3-year average PE ratio for Reliance Steel & Aluminum (RS)?

As an average over the last 3 years, RS stock has a PE ratio of 9.15.

What is the 5-year average PE ratio for Reliance Steel & Aluminum (RS)?

As an average over the last 5 years, RS stock has a PE ratio of 11.02.

What is the highest PE ratio for RS?

Over the last ten years, the quarterly PE ratio reached a historic high of 20.86 in the Dec 2020 quarter.

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

The current price to earnings ratio of RS is 4.9% higher than the 10-year historical average.

How is RS's PE ratio calculated (Reliance Steel & Aluminum PE ratio formula)?

You can calculate the PE ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Jun 14, 2024), Reliance Steel & Aluminum's stock price is $277.09. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $21.66. Therefore, Reliance Steel & Aluminum's P/E ratio for today is 12.79. PE RATIO(12.79) = STOCK PRICE($277.09) / TTM EPS($21.66)

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