RUSMF (Russel Metals) Cyclically Adjusted PB Ratio: 2.53 (As of Jul. 07, 2026) — 39% Above Median


RUSMF Russel Metals Inc RUSMF
79 GF Score
Price $41.17
GF Value $32.96
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Russel Metals Cyclically Adjusted PB Ratio?

Russel Metals RUSMF -2.14% 79 Cyclically Adjusted PB Ratio is 2.53 as of Jul. 07, 2026, which is 39% above its 10-year median of 1.82. GuruFocus rates RUSMF with a GF Score™ of 79/100 and a GF Value™ of $32.96 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 128 Industrial Distribution companies, Russel Metals ranks worse than 75% on this metric.

As of today (2026-07-07), Russel Metals's current share price is $41.17. Russel Metals's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $16.26. Russel Metals's Cyclically Adjusted PB Ratio for today is 2.53.

The historical rank and industry rank for Russel Metals's Cyclically Adjusted PB Ratio or its related term are showing as below:

RUSMF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.79   Med: 1.82   Max: 2.79
Current: 2.78

During the past years, Russel Metals's highest Cyclically Adjusted PB Ratio was 2.79. The lowest was 0.79. And the median was 1.82.

RUSMF's Cyclically Adjusted PB Ratio is ranked worse than
75% of 128 companies
in the Industrial Distribution industry
Industry Median: 1.27 vs RUSMF: 2.78

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Russel Metals's adjusted book value per share data for the three months ended in Mar. 2026 was $21.877. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is $16.26 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Russel Metals  (OTCPK:RUSMF) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Russel Metals Cyclically Adjusted PB Ratio Related Terms


Russel Metals Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Russel Metals's Cyclically Adjusted PB 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.

Russel Metals Cyclically Adjusted PB Ratio Chart

Russel Metals Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.05 1.60 2.31 2.03 1.98

Russel Metals Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial 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 1.85 2.03 1.91 1.98 2.11

RUSMF vs GWW, FAST, FERG: Cyclically Adjusted PB Ratio Comparison

For the Industrial Distribution subindustry, Russel Metals's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB 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.


Russel Metals Cyclically Adjusted PB Ratio vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Russel Metals's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Russel Metals's Cyclically Adjusted PB Ratio falls into.


RUSMF
79GF Score
Russel Metals Inc RUSMF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Russel Metals Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Russel Metals's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=41.17/16.26
=2.53

* 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.

Russel Metals's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Russel Metals's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=21.877/132.2623*132.2623
=21.877

Current CPI (Mar. 2026) = 132.2623.

Russel Metals Quarterly Data

Book Value per Share CPI Adj_Book
201606 10.139 102.002 13.147
201609 9.963 101.765 12.949
201612 10.022 101.449 13.066
201703 10.037 102.634 12.935
201706 9.979 103.029 12.810
201709 10.806 103.345 13.830
201712 10.462 103.345 13.389
201803 10.721 105.004 13.504
201806 11.271 105.557 14.122
201809 11.841 105.636 14.826
201812 12.042 105.399 15.111
201903 11.893 106.979 14.704
201906 11.876 107.690 14.586
201909 11.947 107.611 14.684
201912 11.537 107.769 14.159
202003 11.291 107.927 13.837
202006 11.047 108.401 13.479
202009 11.152 108.164 13.637
202012 10.837 108.559 13.203
202103 11.899 110.298 14.269
202106 13.437 111.720 15.908
202109 14.605 112.905 17.109
202112 15.455 113.774 17.966
202203 16.548 117.646 18.604
202206 17.874 120.806 19.569
202209 18.518 120.648 20.301
202212 18.480 120.964 20.206
202303 18.931 122.702 20.406
202306 19.877 124.203 21.167
202309 20.184 125.230 21.317
202312 20.242 125.072 21.406
202403 20.621 126.258 21.602
202406 20.592 127.522 21.358
202409 20.617 127.285 21.423
202412 20.374 127.364 21.158
202503 20.323 129.181 20.808
202506 20.993 129.892 21.376
202509 21.106 130.287 21.426
202512 20.918 130.366 21.222
202603 21.877 132.262 21.877

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

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.

What does a Cyclically Adjusted PB Ratio of 2.53 mean?
Russel Metals (RUSMF) has a Cyclically Adjusted PB Ratio of 2.53 as of Jul. 07, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Russel Metals and its competitors. This is 39% above median its historical median of 1.82. Over the past decade, Russel Metals' Cyclically Adjusted PB Ratio has ranged from 0.79 to 2.79. According to the industry distribution chart, Russel Metals ranks #96 out of 128 companies in the Industrial Distribution industry, placing it in the top 75%.
Is Russel Metals' Cyclically Adjusted PB Ratio too high?
Russel Metals' current Cyclically Adjusted PB Ratio of 2.53 is 39% above median its 10-year median of 1.82. Over the past 10 years, this metric has ranged from a low of 0.79 to a high of 2.79. The Industrial Distribution industry median Cyclically Adjusted PB Ratio is 1.27. Russel Metals' value of 2.53 is 99.2% above this industry median. Based on the distribution chart, Russel Metals ranks #96 out of 128 companies in the Industrial Distribution industry, which is below the industry midpoint. Overall, Russel Metals has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Russel Metals' Cyclically Adjusted PB Ratio compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Russel Metals ranks #96 out of 128 companies for Cyclically Adjusted PB Ratio. This places Russel Metals in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.27. Russel Metals' value of 2.53 is 99.2% above this benchmark. Historically, Russel Metals' own Cyclically Adjusted PB Ratio has ranged from 0.79 to 2.79 over the past decade. While the company's 10-year median is 1.82 vs. the industry median of 1.27, Russel Metals has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for an Industrial Distribution company?
The median Cyclically Adjusted PB Ratio among Industrial Distribution companies is 1.27, based on 128 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Russel Metals's current Cyclically Adjusted PB Ratio of 2.53 is 99.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Russel Metals and its competitors. For the Industrial Distribution industry, the median Cyclically Adjusted PB Ratio is 1.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Russel Metals's current Cyclically Adjusted PB Ratio is 2.53, which is 39% above median its own 10-year median of 1.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Russel Metals stock overvalued right now?
Based on GuruFocus' analysis, Russel Metals (RUSMF) is currently considered Modestly Overvalued. The stock's GF Value™ is $32.96, compared to a current price of $41.17 — trading 24.9% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.53, which is 39% above median its 10-year median of 1.82 and 99.2% above the Industrial Distribution industry median of 1.27. Russel Metals' overall GF Score™ is 79/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Russel Metals (RUSMF), the current Cyclically Adjusted PB Ratio is 2.53 as of Jul. 07, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Russel Metals (RUSMF) Overvalued in 2026?

Based on GuruFocus' analysis, Russel Metals stock appears to be overvalued. The current stock price of $41.17 is trading 24.9% above its estimated GF Value™ of $32.96. GuruFocus considers Russel Metals to be Modestly Overvalued.

Key valuation signals for RUSMF:

  • Cyclically Adjusted PB Ratio: 2.53 (39% above median its 10-year median of 1.82)
  • GF Value™: $32.96 vs. price of $41.17 (24.9% above fair value)
  • GF Score™: 79/100 with 8 warning signs
  • Industry Position: 99.2% above the Industrial Distribution median (#96 of 128)

No single metric tells the full story. See the RUSMF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Russel Metals Business Description

Other Exchanges RMZ:GermanyRUS:Canada
Address 6600 Financial Drive, Mississauga, ON, CAN, L5N 7J6
Russel Metals Inc is a Canada-based metal distribution company. The company conducts business in Canada and the U.S. in three operating and reportable segments: Metals Service Centers, Energy Field Stores, and Steel Distributors. The majority of its revenue is generated from the Metals Service Centers segment, which carries an extensive line of metal products in a wide range of sizes, shapes, and specifications, including carbon hot rolled and cold finished steel, pipe and tubular products, stainless steel, aluminum, and other non-ferrous specialty metals. It purchases these products mainly from North American steel producers, processes, packages, and sells them to end users in accordance with their specific needs. Geographically, the company generates maximum revenue from Canada.
79GF Score

Get the complete analysis for RUSMF

Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$41.17
Price
$32.96
GF Value