Reliance Steel Selected Fundamentals

Reliance Steel Aluminum Co -- USA Stock  

USD 75.95  1.17  1.52%

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Price to Earning Analysis

Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investor monitor on a daily basis. Holding a low PE stock is less risky because. When a company's profitability fall, it is likely that earnings will also go down..In other words, if you start from a lower position your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Reliance Steel 
P/E 
 = 
Market Value Per Share 
Earnings Per Share 
 = 
16.95 times

Distress Driver Correlations

 Reliance Steel Price to Earnings Ratio 
      Timeline 

About Price to Earning

Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Compare to competition

Reliance Steel Price to Earning Assessment

Earning

Reliance Steel Earning Growth Over Time

Accumulated Retained Earnings Deficit

Earning Before Interest and Taxes EBIT

Based on latest financial disclosure the price to earning indicator of Reliance Steel Aluminum Co is roughly 16.95 times. This is much higher than that of the Primary Production sector, and significantly higher than that of Non-ferrous Metals Production And Products industry, The Price to Earning for all stocks is over 1000% lower than the firm.

Reliance Steel Aluminum Fundamental Drivers Relationships

Reliance Steel Aluminum Co is rated fourth in return on asset category among related companies. It is rated third in current ratio category among related companies fabricating about  0.82  of Current Ratio per Return On Asset. The ratio of Return On Asset to Current Ratio for Reliance Steel Aluminum Co is roughly  1.22 

Peer Comparison

Reliance Steel Current Liabilities Comparison
  Current Liabilities 
      Reliance Steel Comparables 
Reliance Steel is rated third in current liabilities category among related companies.

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