Reliance Historical Financial Ratios
| RS Stock | USD 320.16 1.96 0.61% |
Reliance Steel is promptly reporting on over 112 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Book Value Per Share of 139, Free Cash Flow Yield of 0.055 or Invested Capital of 0.15 will help investors to properly organize and evaluate Reliance Steel Aluminum financial condition quickly.
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About Reliance Financial Ratios Analysis
Reliance Steel AluminumFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Reliance Steel investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Reliance financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Reliance Steel history.
Reliance Steel Financial Ratios Chart
Reliance Steel Aluminum financial ratios usually calculated using numerical values taken directly from Reliance Steel financial statements such as income statements or balance sheets. They help investors to obtain meaningful information about Reliance Steel. Most financial ratios help to conduct quantitative analysis to assess vital information about the company's valuation as well as profitability and liquidity indicators such as leverage, growth, profit margins, and different types of rates of return.
At this time, Reliance Steel's Cash Per Share is comparatively stable compared to the past year. POCF Ratio is likely to gain to 12.34 in 2024, whereas PTB Ratio is likely to drop 1.13 in 2024. Add Fundamental
Dividend Yield
Dividend Yield is Reliance Steel Aluminum dividend as a percentage of Reliance Steel stock price. Reliance Steel Aluminum dividend yield is a measure of Reliance Steel stock productivity, which can be interpreted as interest rate earned on an Reliance Steel investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.Book Value Per Share
The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.Capex To Depreciation
The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.Most ratios from Reliance Steel's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Reliance Steel Aluminum current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Reliance Steel Aluminum. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. At this time, Reliance Steel's Cash Per Share is comparatively stable compared to the past year. POCF Ratio is likely to gain to 12.34 in 2024, whereas PTB Ratio is likely to drop 1.13 in 2024.
| 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0177 | 0.0146 | 0.0105 | Price To Sales Ratio | 0.72 | 1.1 | 1.16 |
Reliance Steel fundamentals Correlations
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Reliance Steel Account Relationship Matchups
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Reliance Steel fundamentals Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Price To Sales Ratio | 0.44 | 0.73 | 0.87 | 0.72 | 1.1 | 1.16 | |
| Dividend Yield | 0.0189 | 0.0213 | 0.0173 | 0.0177 | 0.0146 | 0.0105 | |
| Ptb Ratio | 1.54 | 1.51 | 1.68 | 1.73 | 2.11 | 1.13 | |
| Days Sales Outstanding | 36.75 | 38.46 | 43.59 | 34.35 | 37.18 | 44.29 | |
| Book Value Per Share | 77.84 | 79.52 | 96.28 | 117.03 | 132.39 | 139.01 | |
| Operating Cash Flow Per Share | 19.46 | 18.23 | 12.65 | 34.98 | 28.65 | 30.09 | |
| Stock Based Compensation To Revenue | 0.004666 | 0.004789 | 0.005024 | 0.003836 | 0.00439 | 0.002533 | |
| Capex To Depreciation | (1.1) | (0.76) | (1.03) | (1.42) | (1.91) | (2.01) | |
| Pb Ratio | 1.54 | 1.51 | 1.68 | 1.73 | 2.11 | 1.13 | |
| Free Cash Flow Per Share | 15.84 | 15.56 | 8.9 | 29.34 | 20.62 | 21.65 | |
| Inventory Turnover | 4.54 | 4.65 | 4.25 | 5.9 | 5.14 | 5.41 | |
| Net Income Per Share | 10.49 | 5.74 | 22.35 | 30.39 | 22.9 | 24.05 | |
| Days Of Inventory On Hand | 78.58 | 85.88 | 78.49 | 61.86 | 71.0 | 60.54 | |
| Payables Turnover | 27.8 | 23.28 | 21.16 | 28.55 | 25.6 | 14.78 | |
| Capex To Revenue | (0.0221) | (0.0195) | (0.0168) | (0.0201) | (0.0317) | (0.0332) | |
| Cash Per Share | 2.61 | 10.63 | 4.75 | 19.38 | 18.52 | 19.45 | |
| Pocfratio | 6.15 | 6.57 | 12.83 | 5.79 | 9.76 | 12.34 | |
| Interest Coverage | 11.92 | 9.0 | 31.08 | 40.24 | 43.38 | 45.55 | |
| Capex To Operating Cash Flow | (0.19) | (0.15) | (0.3) | (0.16) | (0.28) | (0.29) | |
| Pfcf Ratio | 7.56 | 7.7 | 18.22 | 6.9 | 13.57 | 14.24 | |
| Days Payables Outstanding | 13.13 | 15.68 | 17.25 | 12.78 | 14.26 | 24.81 | |
| Income Quality | 1.84 | 3.15 | 0.56 | 1.15 | 1.25 | 1.29 | |
| Ev To Operating Cash Flow | 7.4 | 7.56 | 14.79 | 6.11 | 9.94 | 16.28 | |
| Pe Ratio | 11.42 | 20.87 | 7.26 | 6.66 | 12.21 | 14.2 | |
| Return On Tangible Assets | 0.14 | 0.0706 | 0.22 | 0.26 | 0.18 | 0.19 | |
| Ev To Free Cash Flow | 9.09 | 8.86 | 21.01 | 7.29 | 13.81 | 7.68 | |
| Earnings Yield | 0.0876 | 0.0479 | 0.14 | 0.15 | 0.0819 | 0.0766 | |
| Net Debt To E B I T D A | 1.31 | 1.33 | 0.72 | 0.25 | 0.15 | 0.14 | |
| Current Ratio | 4.46 | 5.08 | 3.91 | 3.55 | 5.66 | 2.86 | |
| Tangible Book Value Per Share | 32.58 | 34.83 | 46.01 | 65.56 | 79.56 | 83.54 | |
| Receivables Turnover | 9.93 | 9.49 | 8.37 | 10.63 | 9.82 | 7.29 | |
| Graham Number | 135.54 | 101.32 | 220.05 | 282.86 | 261.2 | 274.26 |
Reliance Steel Investors Sentiment
The influence of Reliance Steel's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Reliance. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Reliance Steel's public news can be used to forecast risks associated with an investment in Reliance. The trend in average sentiment can be used to explain how an investor holding Reliance can time the market purely based on public headlines and social activities around Reliance Steel Aluminum. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Reliance Steel's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Reliance Steel's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Reliance Steel's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Reliance Steel.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Reliance Steel in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Reliance Steel's short interest history, or implied volatility extrapolated from Reliance Steel options trading.
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When determining whether Reliance Steel Aluminum is a strong investment it is important to analyze Reliance Steel's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Reliance Steel's future performance. For an informed investment choice regarding Reliance Stock, refer to the following important reports:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Reliance Steel Aluminum. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
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When running Reliance Steel's price analysis, check to measure Reliance Steel's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Reliance Steel is operating at the current time. Most of Reliance Steel's value examination focuses on studying past and present price action to predict the probability of Reliance Steel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Reliance Steel's price. Additionally, you may evaluate how the addition of Reliance Steel to your portfolios can decrease your overall portfolio volatility.
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Is Reliance Steel's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Reliance Steel. If investors know Reliance will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Reliance Steel listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.20) | Dividend Share 4 | Earnings Share 22.64 | Revenue Per Share 253.839 | Quarterly Revenue Growth (0.08) |
The market value of Reliance Steel Aluminum is measured differently than its book value, which is the value of Reliance that is recorded on the company's balance sheet. Investors also form their own opinion of Reliance Steel's value that differs from its market value or its book value, called intrinsic value, which is Reliance Steel's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Reliance Steel's market value can be influenced by many factors that don't directly affect Reliance Steel's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Reliance Steel's value and its price as these two are different measures arrived at by different means. Investors typically determine if Reliance Steel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Reliance Steel's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.