GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Olympic Steel Inc (NAS:ZEUS) » Definitions » Forward PE Ratio

Olympic Steel (Olympic Steel) Forward PE Ratio : 19.64 (As of Apr. 30, 2024)


View and export this data going back to 1994. Start your Free Trial

What is Olympic Steel Forward PE Ratio?

Olympic Steel's Forward PE Ratio for today is 19.64.

Olympic Steel's PE Ratio without NRI for today is 21.36.

Olympic Steel's PE Ratio for today is 17.36.


Olympic Steel Forward PE Ratio Historical Data

The historical data trend for Olympic Steel's Forward PE Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Olympic Steel Forward PE Ratio Chart

Olympic Steel Annual Data
Trend 2021-12 2022-12 2023-12 2024-04
Forward PE Ratio
10.78 13.93 17.09 19.57

Olympic Steel Quarterly Data
2021-06 2021-09 2021-12 2022-03 2022-06 2022-09 2022-12 2023-03 2023-06 2023-09 2023-12 2024-03
Forward PE Ratio 9.22 8.76 10.78 10.70 3.30 10.86 13.93 14.58 13.21 16.05 17.09 20.75

Competitive Comparison of Olympic Steel's Forward PE Ratio

For the Steel subindustry, Olympic Steel's Forward PE Ratio, along with its competitors' market caps and Forward PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Olympic Steel's Forward PE Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Olympic Steel's Forward PE Ratio distribution charts can be found below:

* The bar in red indicates where Olympic Steel's Forward PE Ratio falls into.



Olympic Steel Forward PE Ratio Calculation

It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.


Olympic Steel  (NAS:ZEUS) Forward PE Ratio Explanation

The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.

Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .


Olympic Steel Forward PE Ratio Related Terms

Thank you for viewing the detailed overview of Olympic Steel's Forward PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Olympic Steel (Olympic Steel) Business Description

Traded in Other Exchanges
Address
22901 Millcreek Boulevard, Suite 650, Highland Hills, OH, USA, 44122
Olympic Steel Inc provides metals processing and distribution services in the United States. The company operates in three reportable segments; specialty metals flat products, carbon flat products, and tubular and pipe products. It specializes in the processing and distribution of large volumes of carbon, aluminum, and stainless steel flat-rolled sheet, coils, plates, bars, and fabricated parts. The group serves various industries such as industrial machinery and equipment manufacturers, automobile manufacturers and suppliers, and transportation equipment manufacturers. The company generates majority of the revenue from carbon flat products.
Executives
Dirk A Kempthorne director 1735 MARKET STREET, PHILADELPHIA PA 19103
Michael D Siegal director, 10 percent owner, officer: Chairman of the Board and CEO 5080 RICHMOND ROAD, CLEVELAND OH 44146-1392
David A Wolfort director, officer: President and COO
Richard T Marabito officer: Chief Financial Officer 5096 RICHMOND ROAD, BEDFORD HEIGHTS OH 44146
Andrew S Greiff officer: EVP and COO 22901 MILLCREEK BLVD., SUITE 650, HIGHLAND HILLS OH 44122
Richard P Stovsky director 350 CAMINO DE LA REINA, SUITE 100, SAN DIEGO CA 92108
Arthur F Anton director 29500 SOLON ROAD, SOLON OH 44139
Richard A Manson officer: Vice President and Treasurer 5096 RICHMOND ROAD, BEDFORD HEIGHTS OH 44146
Lisa K Christen officer: See Remarks C/O/ OLYMPIC STEEL, INC., 22901 MILLCREED BLVD., SUITE 650, HIGHLAND HILLS OH 44122
Vanessa Whiting director C/O OLYMPIC STEEL, INC., 22901 MILLCREEK BLVD., SUITE 650, HIGHLAND HILLS OH 44122
Della Ratta Ralph M Jr director 1690 CHAGRIN RIVER ROAD, GATES MILLS OH 44040
Idalene Fay Kesner director 101 OAKLEY STREET, EVANSVILLE IN 47710
Michael G Rippey director C/O OLYMPIC STEEL, INC., 22901 MILLCREEK BLVD., HIGHLAND HILLS OH 44122
Howard Goldstein director 5096 RICHMOND RD, BEDFORD HEIGHTS OH 44146
Mcneeley Donald R. Jr. director, officer: Subsidiary Officer 5096 RICHMOND ROAD, BEDFORD HEIGHTS OH 44146