The current PE ratio for Reliance Steel & Aluminum stock as of May 3, 2024 is 13.38. This is calculated based on the current EPS of $21.66 and the stock price of $289.78 per share. The P/E ratio has grown by 9% from the past four quarters average of 12.3.
The average historical PE ratio of Reliance Steel & Aluminum for the last ten years is 12.19. The current PE ratio of 13.38 is 10% 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.
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's current P/E ratio is above the 3, 5 and 10-year historical averages.
RS's PE ratio is lower than its peer stocks CRS and ZEUS, but it is greater than NUE's and WOR's. Reliance Steel & Aluminum's current PE ratio of 13.38 is below the average of its peers, which is 16.44.
| Stock name | PE ratio | Market cap |
|---|---|---|
| FRD Friedman Industries Inc | 7.61 | $134.36M |
| NUE Nucor Corp | 9.64 | $41.87B |
| WOR Worthington Industries Inc | 10.65 | $2.98B |
| RS Reliance Steel & Aluminum Co | 13.38 | $16.64B |
| ZEUS Olympic Steel Inc | 15.35 | $640.68M |
| CRS Carpenter Technology Corp | 38.96 | $5.14B |
| AA Alcoa Corp | N/A | $6.6B |
As of May 3, 2024, RS stock has a price to earnings ratio of 13.38.
As an average over the last 3 years, RS stock has a PE ratio of 9.15.
As an average over the last 5 years, RS stock has a PE ratio of 11.02.
Over the last ten years, the quarterly PE ratio reached a historic high of 20.86 in the Dec 2020 quarter.
The current price to earnings ratio of RS is 10% higher than the 10-year historical average.
You can calculate the PE ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (May 3, 2024), Reliance Steel & Aluminum's stock price is $289.78. 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 13.38. PE RATIO(13.38) = STOCK PRICE($289.78) / TTM EPS($21.66)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.