Reliance Steel Historical Valuation Analysis

Some fundamental drivers such as market cap or Reliance Steel enterprice value can be analyzed from historical prospective to project value of the company into the future. Some investors analyze Reliance Steel Aluminum valuation indicators such as Earnings before Tax of 499.3 M or Average Equity of 4.8 B to time the market or to short-sell their positions based on the trend in valuation ratios. It is a perfect tool to project the direction of Reliance Steel future value. Financial Statement Analysis is much more than just reviewing and breaking down Reliance Steel Aluminum prevalent accounting reports in order to predict its past. Macroaxis encourages investors to analyze financial statement over time for various trends across multiple indicators and accounts to determine whether Reliance Steel Aluminum is a good buy for the upcoming year. Additionally take a look at Your Equity Center.
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Reliance Steel Aluminum Co Valuation Data Chart

Net Income Per Employee    Enterprise Value    Market Capitalization    

Enterprise Value

Enterprise Value (or EV) is usually referred to as Reliance Steel theoretical takeover price. In the event of an acquisition, an acquirer would have to take on Reliance Steel Aluminum debt, but would also pocket its cash. Enterprise Value is more accurate representation of Reliance Steel value then its market capitalization because it takes into account all of Reliance Steel Aluminum Co existing debt. Enterprise value is a measure of the value of a business as a whole, calculated as Market Capitalization plus Total Debt USD minus Cash and Equivalents USD.

Market Capitalization

Market capitalization (or market cap) is the total value of the shares outstanding of Reliance Steel Aluminum Co. It is equal to Reliance Steel current share price times the number of Reliance Steel Aluminum outstanding shares. Represents the product of Total Shares (Basic) , Adjusted Share Price and Entity Share Factor.