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RS (Reliance) Cyclically Adjusted Price-to-FCF : 19.29 (As of Jan. 18, 2025)


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What is Reliance Cyclically Adjusted Price-to-FCF?

As of today (2025-01-18), Reliance's current share price is $288.06. Reliance's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2024 was $14.93. Reliance's Cyclically Adjusted Price-to-FCF for today is 19.29.

The historical rank and industry rank for Reliance's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

RS' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 9.14   Med: 15.81   Max: 24.86
Current: 19.29

During the past years, Reliance's highest Cyclically Adjusted Price-to-FCF was 24.86. The lowest was 9.14. And the median was 15.81.

RS's Cyclically Adjusted Price-to-FCF is ranked worse than
69.34% of 212 companies
in the Steel industry
Industry Median: 11.99 vs RS: 19.29

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 Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Reliance's adjusted free cash flow per share data for the three months ended in Sep. 2024 was $6.363. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $14.93 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Reliance Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Reliance's Cyclically Adjusted Price-to-FCF 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 Cyclically Adjusted Price-to-FCF Chart

Reliance Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.40 15.66 18.12 17.14 20.77

Reliance Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Cyclically Adjusted Price-to-FCF 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 20.30 20.77 24.44 20.04 19.37

Competitive Comparison of Reliance's Cyclically Adjusted Price-to-FCF

For the Steel subindustry, Reliance's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF 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's Cyclically Adjusted Price-to-FCF Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Reliance's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Reliance's Cyclically Adjusted Price-to-FCF falls into.



Reliance Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF 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 Price-to-FCF.

Reliance's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=288.06/14.93
=19.29

* 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's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, Reliance's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=6.363/133.0289*133.0289
=6.363

Current CPI (Sep. 2024) = 133.0289.

Reliance Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 1.749 99.070 2.349
201503 1.800 99.621 2.404
201506 3.285 100.684 4.340
201509 2.834 100.392 3.755
201512 3.525 99.792 4.699
201603 1.664 100.470 2.203
201606 0.171 101.688 0.224
201609 1.958 101.861 2.557
201612 2.652 101.863 3.463
201703 -0.746 102.862 -0.965
201706 -0.038 103.349 -0.049
201709 1.872 104.136 2.391
201712 2.135 104.011 2.731
201803 -0.388 105.290 -0.490
201806 0.369 106.317 0.462
201809 1.128 106.507 1.409
201812 4.890 105.998 6.137
201903 0.945 107.251 1.172
201906 4.047 108.070 4.982
201909 6.381 108.329 7.836
201912 4.247 108.420 5.211
202003 1.715 108.902 2.095
202006 6.731 108.767 8.232
202009 3.990 109.815 4.833
202012 2.989 109.897 3.618
202103 1.825 111.754 2.172
202106 0.332 114.631 0.385
202109 1.354 115.734 1.556
202112 5.296 117.630 5.989
202203 5.372 121.301 5.891
202206 2.919 125.017 3.106
202209 8.858 125.227 9.410
202212 12.016 125.222 12.765
202303 4.732 127.348 4.943
202306 2.779 128.729 2.872
202309 5.759 129.860 5.900
202312 7.155 129.419 7.355
202403 0.304 131.776 0.307
202406 4.671 132.554 4.688
202409 6.363 133.029 6.363

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF 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.


Reliance  (NYSE:RS) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow 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 Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Reliance Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Reliance's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Reliance Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Reliance Inc (NYSE:RS) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
Address
16100 N. 71st Street, Suite 400, Scottsdale, AZ, USA, 85254
Reliance Inc is a diversified metal solutions provider and metals service center company. It provides value-added metals processing services and distributes.
Executives
Karla R Lewis director, officer: President C/O RELIANCE STEEL & ALUMINUM CO., 16100 N. 71ST STREET, SUITE 400, SCOTTSDALE AZ 85254
Arthur Ajemyan officer: VP, CFO C/O RELIANCE STEEL & ALUMINUM CO., 16100 N. 71ST STREET, SUITE 400, SCOTTSDALE AZ 85254
Smith William A Ii officer: SVP, General Counsel, Corp Sec C/O RELIANCE STEEL & ALUMINUM CO., 16100 N. 71ST STREET, SUITE 400, SCOTTSDALE AZ 85254
Mark V Kaminski director C/O RELIANCE STEEL & ALUMINUM CO., 16100 N. 71ST STREET, SUITE 400, SCOTTSDALE AZ 85254
Stephen Paul Koch officer: Sr. VP, Operations C/O RELIANCE STEEL & ALUMINUM CO., 16100 N. 71ST STREET, SUITE 400, SCOTTSDALE AZ 85254
James Donald Hoffman director, officer: CEO C/O RELIANCE STEEL & ALUMINUM CO., 16100 N. 71ST STREET, SUITE 400, SCOTTSDALE AZ 85254
Michael R Hynes officer: Sr. VP, Operations C/O RELIANCE STEEL & ALUMINUM CO., 16100 N. 71ST STREET, SUITE 400, SCOTTSDALE AZ 85254
Jeffrey Wayne Durham officer: Sr. VP, Operations C/O RELIANCE STEEL & ALUMINUM CO., 16100 N. 71ST STREET, SUITE 400, SCOTTSDALE AZ 85254
Sean Michael Mollins officer: SVP, Operations 350 SOUTH GRAND AVENUE, SUITE 5100, LOS ANGELES CA 90071
Karen Winifred Colonias director C/O RELIANCE STEEL & ALUMINUM CO., 16100 N. 71ST STREET, SUITE 400, SCOTTSDALE AZ 85254
John G. Figueroa director 350 SOUTH GRAND AVENUE, SUITE 5100, LOS ANGELES CA 90071
Robert Ambrose Mcevoy director C/O RELIANCE STEEL & ALUMINUM CO., 16100 N. 71ST STREET, SUITE 400, SCOTTSDALE AZ 85254
Lisa Baldwin director C/O RELIANCE STEEL & ALUMINUM CO., 16100 N. 71ST STREET, SUITE 400, SCOTTSDALE AZ 85254
David W Seeger director C/O RELIANCE STEEL & ALUMINUM CO., 16100 N. 71ST STREET, SUITE 400, SCOTTSDALE AZ 85254
Douglas Stotlar director C/O RELIANCE STEEL & ALUMINUM CO., 16100 N. 71ST STREET, SUITE 400, SCOTTSDALE AZ 85254

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