RS Reliance Steel & Aluminum PE ratio, current and historical analysis
The current PE ratio for Reliance Steel & Aluminum stock as of Nov 21, 2024 is 17.2. This is calculated based on the current EPS of $18.4 and the stock price of $316.43 per share. The P/E ratio has grown by 19% from the past four quarters average of 14.4.
RS PE ratio history
The average historical PE ratio of Reliance Steel & Aluminum for the last ten years is 12.14. The current PE ratio of 17.2 is 42% 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.
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
RS's current P/E ratio is above the 3, 5 and 10-year historical averages.
RS PE vs peers
RS's PE ratio is lower than its peer stocks CRS and WOR, but it is greater than NUE's and FRD's. Reliance Steel & Aluminum's current PE ratio of 17.2 is below the average of its peers, which is 26.96.
| Stock name | PE ratio | Market cap |
|---|---|---|
| FRD Friedman Industries Inc | 12 | $94.47M |
| NUE Nucor Corp | 14.71 | $35.87B |
| RS Reliance Steel & Aluminum Co | 17.45 | $17.38B |
| ZEUS Olympic Steel Inc | 18.07 | $458.66M |
| CRS Carpenter Technology Corp | 41.81 | $9.48B |
| WOR Worthington Industries Inc | 51.36 | $2.01B |
| AA Alcoa Corp | N/A | $11.81B |
Frequently asked questions
What is Reliance Steel & Aluminum's PE ratio?
As of Nov 21, 2024, RS stock has a price to earnings ratio of 17.2.
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 10.02.
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 11.46.
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 42% 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 (Nov 21, 2024), Reliance Steel & Aluminum's stock price is $316.43. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $18.4. Therefore, Reliance Steel & Aluminum's P/E ratio for today is 17.2. PE RATIO(17.2) = STOCK PRICE($316.43) / TTM EPS($18.4)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.