As of Jul 26, 2024, the Ryerson Holding stock's price-to-earnings ratio is 9.68. This results from the current EPS of $2.64 and stock price of $25.56. The PE ratio has decreased by 13% from the past four quarters average of 11.2.
The PE ratio of Ryerson Holding has averaged 15.24 over the last ten years. The current price-to-earnings ratio of 9.68 is 36% less than the historical average. In the past ten years, RYI's PE ratio reached its highest point in the Jun 2016 quarter at 109.38, when the stock price was $17.5 and the EPS was $0.16. The lowest point was recorded in the Jun 2022 quarter, when it reached 1.57 with a price of $21.29 and an EPS of $13.52.
Maximum annual increase: 185.91% in 2023
Maximum annual decrease: -90.14% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 8.32 | 185.91% |
| 2022 | 2.91 | -14.41% |
| 2021 | 3.4 | N/A |
| 2020 | N/A | N/A |
| 2019 | 5.4 | 142.15% |
| 2018 | 2.23 | -90.14% |
| 2017 | 22.61 | -6.84% |
| 2016 | 24.27 | N/A |
| 2015 | N/A | N/A |
| 2014 | N/A | N/A |
The current PE ratio of RYI is above the 3 and 5-year averages.
When compared to its peers RS and ATI, RYI's PE ratio is lower, but it is higher than WOR's. Ryerson Holding's PE ratio is trading below the peer group average of 15.94.
| Stock name | PE ratio | Market cap |
|---|---|---|
| WOR Worthington Industries Inc | 9.1 | $2.55B |
| RYI Ryerson Holding Corp | 9.68 | $877.62M |
| RS Reliance Steel & Aluminum Co | 14.04 | $17.46B |
| HAYN Haynes International Inc | 19.99 | $764.16M |
| ATI Allegheny Technologies Inc | 20.61 | $8.16B |
RYI's price to earnings ratio is 9.68 as of Jul 26, 2024.
The 3-year average PE ratio for RYI stock is 6.13.
The 5-year average PE ratio for RYI stock is 6.01.
In the last ten years, the Jun 2016 quarter recorded the highest quarterly PE ratio at 109.38.
RYI's price to earnings ratio is currently 36% below its 10-year historical average.
RYI's PE ratio is low because its earnings per share (EPS) is high relative to its stock price.
You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months earnings per share(EPS). As of today (Jul 26, 2024), Ryerson Holding's stock price is $25.56. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $2.64. Therefore, Ryerson Holding's price to earnings ratio for today is 9.68. PE RATIO(9.68) = STOCK PRICE($25.56) / TTM EPS($2.64)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.