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Reliance Steel & Aluminum Co Shiller PE Ratio

: 18.61 (As of Today)
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As of today (2022-08-18), Reliance Steel & Aluminum Co's current share price is $195.08. Reliance Steel & Aluminum Co's E10 for the quarter that ended in Jun. 2022 was $10.48. Reliance Steel & Aluminum Co's Shiller PE Ratio for today is 18.61.

The historical rank and industry rank for Reliance Steel & Aluminum Co's Shiller PE Ratio or its related term are showing as below:

RS' s Shiller PE Ratio Range Over the Past 10 Years
Min: 9.83   Med: 15.94   Max: 26.06
Current: 18.62

During the past years, Reliance Steel & Aluminum Co's highest Shiller PE Ratio was 26.06. The lowest was 9.83. And the median was 15.94.

RS's Shiller PE Ratio is ranked worse than
62.5% of 360 companies
in the Steel industry
Industry Median: 14.66 vs RS: 18.62

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Reliance Steel & Aluminum Co's adjusted earnings per share data for the three months ended in Jun. 2022 was $9.150. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $10.48 for the trailing ten years ended in Jun. 2022.

Shiller PE for Stocks: The True Measure of Stock Valuation


Reliance Steel & Aluminum Co Shiller PE Ratio Historical Data

The historical data trend for Reliance Steel & Aluminum Co's Shiller 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.

Reliance Steel & Aluminum Co Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Shiller PE Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17.28 13.77 19.68 18.63 18.95

Reliance Steel & Aluminum Co Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Shiller PE Ratio Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 20.59 18.08 18.95 19.37 16.20

Competitive Comparison

For the Steel subindustry, Reliance Steel & Aluminum Co's Shiller PE Ratio, along with its competitors' market caps and Shiller 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.

   

Reliance Steel & Aluminum Co Shiller PE Ratio Distribution

For the Steel industry and Basic Materials sector, Reliance Steel & Aluminum Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Reliance Steel & Aluminum Co's Shiller PE Ratio falls into.



Reliance Steel & Aluminum Co Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Reliance Steel & Aluminum Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=195.08/10.48
=18.61

* 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.

Reliance Steel & Aluminum Co's E10 for the quarter that ended in Jun. 2022 is calculated as:

For example, Reliance Steel & Aluminum Co's adjusted earnings per share data for the three months ended in Jun. 2022 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2022 (Change)*Current CPI (Jun. 2022)
=9.15/125.0168*125.0168
=9.150

Current CPI (Jun. 2022) = 125.0168.

Reliance Steel & Aluminum Co Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201209 1.300 97.633 1.665
201212 1.060 96.871 1.368
201303 1.090 98.209 1.388
201306 1.050 98.518 1.332
201309 1.220 98.790 1.544
201312 0.790 98.326 1.004
201403 1.110 99.695 1.392
201406 1.220 100.560 1.517
201409 1.210 100.428 1.506
201412 1.180 99.070 1.489
201503 1.300 99.621 1.631
201506 1.200 100.684 1.490
201509 0.690 100.392 0.859
201512 0.940 99.792 1.178
201603 1.270 100.470 1.580
201606 1.380 101.688 1.697
201609 0.680 101.861 0.835
201612 0.840 101.863 1.031
201703 1.520 102.862 1.847
201706 1.400 103.349 1.694
201709 1.320 104.136 1.585
201712 4.090 104.011 4.916
201803 2.300 105.290 2.731
201806 3.160 106.317 3.716
201809 2.030 106.507 2.383
201812 1.220 105.998 1.439
201903 2.800 107.251 3.264
201906 2.690 108.070 3.112
201909 2.400 108.329 2.770
201912 2.440 108.420 2.814
202003 0.920 108.902 1.056
202006 1.240 108.767 1.425
202009 1.510 109.815 1.719
202012 2.010 109.897 2.287
202103 4.120 111.754 4.609
202106 5.080 114.631 5.540
202109 6.150 115.734 6.643
202112 6.640 117.630 7.057
202203 8.330 121.301 8.585
202206 9.150 125.017 9.150

Add all the adjusted EPS together and divide 10 will get our E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Reliance Steel & Aluminum Co  (NYSE:RS) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Reliance Steel & Aluminum Co Shiller PE Ratio Related Terms

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


Reliance Steel & Aluminum Co Business Description

Reliance Steel & Aluminum Co logo
Traded in Other Exchanges
Address
350 South Grand Avenue, Suite 5100, Los Angeles, CA, USA, 90071
Reliance Steel & Aluminum is a metal service center in the United States, providing metal processing and inventory management services for carbon and stainless steel, aluminum, and alloys. The company provides over 100,000 product types to approximately more than 125,000 customers. Reliance predominantly supplies the nonresidential construction, automotive, aerospace, energy, transportation, and heavy equipment end markets. Its product offerings comprise alloy, aluminum, brass, copper, carbon steel, stainless steel, titanium, and specialty steel products.
Executives
Dellaquila Frank J director EMERSON ELECTRIC CO. 8000 W. FLORISSANT AVENUE ST. LOUIS MO 63136
Stotlar Douglas director C/O LSC COMMUNICATIONS, INC. 191 N. WACKER DRIVE, SUITE 1400 CHICAGO IL 60606
Seeger David W director 227 WEST MONROE STREET, SUITE 2600 CHICAGO IL 60606
Baldwin Lisa director 350 SOUTH GRAND AVENUE, SUITE 5100 LOS ANGELES CA 90071
Mcevoy Robert Ambrose director 350 SOUTH GRAND AVENUE, SUITE 5100 LOS ANGELES CA 90071
Figueroa John G. director 350 SOUTH GRAND AVENUE SUITE 5100 LOS ANGELES CA 90071
Colonias Karen Winifred director 5956 W. LAS POSITAS BLVD. PLEASANTON CA 94588
Kaminski Mark V director C/O COMMONWEALTH INDUSTRIES INC 500 WEST JEFFERSON SUITE 1900 LOUISVILLE KY 40202
Sharkey Andrew G Iii director 350 S. GRAND AVENUE, SUITE 5100 LOS ANGELES CA 90071
Lewis Karla R director, officer: President 350 S GRAND AVE STE 5100 LOS ANGELES CA 90071
Sales William K Jr officer: Special Advisor RELIANCE STEEL & ALUMINUM CO 350 S. GRAND AVE., SUITE 5100 LOS ANGELES CA 90071
Mollins Sean Michael officer: SVP, Operations 350 SOUTH GRAND AVENUE, SUITE 5100 LOS ANGELES CA 90071
Smith William A Ii officer: SVP, General Counsel, Corp Sec 350 S. GRAND AVE. SUITE 5100 LOS ANGELES CA 90071
Hoffman James Donald director, officer: CEO 350 S. GRAND AVE., STE 5100 LOS ANGELES CA 90071
Koch Stephen Paul officer: Sr. VP, Operations 350 S. GRAND AVE., STE. 5100 LOS ANGELES CA 90071

Reliance Steel & Aluminum Co Headlines

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