Russel MetalsRUSMF -6.91%79 PE Ratio without NRI is 19.11 as of Jun. 24, 2026, which is 41% above its 10-year median of 13.55. GuruFocus rates RUSMF with a GF Score™ of 79/100 and a GF Value™ of $36.59 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 131 Industrial Distribution companies, Russel Metals ranks worse than 54.96% on this metric.
The PE Ratio without NRI, or P/E Ratio without non-recurring items, is a financial ratio used to compare a company's market price to its EPS without NRI. As of today (2026-06-24), Russel Metals's share price is $41.89.
Russel Metals's EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 was $2.19. Therefore, Russel Metals's PE Ratio without NRI for today is 19.11.
During the past 13 years, Russel Metals's highest PE Ratio without NRI was 356.62. The lowest was 3.35. And the median was 13.55.
Russel Metals Inc stock PE Ratio (=17.36) is close to 5-year high of 17.8.
During the past years, Russel Metals's highestPE Ratio (TTM) was 68.13. The lowest was 3.35. And the median was 11.68.
Russel Metals's
EPS (Diluted) for the
three
months ended in Mar. 2026 was $0.95.
Its EPS (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was $2.59.
Russel Metals's EPS (Basic) for the
three
months ended in Mar. 2026 was $0.95.
Its EPS (Basic) for the trailing twelve months (TTM) ended in Mar. 2026 was $2.59.
Russel Metals (OTCPK:RUSMF) PE Ratio without NRI Explanation
The PE Ratio can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. For example, if a company earns $2 a share per year, and the stock is traded at $30, the PE Ratio is 15. Therefore it takes 15 years for the company to earn back the $30 you paid for its stock, assuming the earnings stays constant over the next 15 years.
In real business, earnings never stay constant. If a company can grow its earnings, it takes fewer years for the company to earn back the price you pay for the stock. If a company's earnings decline it takes more years. As a shareholder, you want the company to earn back the price you pay as soon as possible. Therefore, lower P/E stocks are more attractive than higher P/E stocks so long as the PE Ratio is positive. Also for stocks with the same PE Ratio, the one with faster growth business is more attractive.
If a company loses money, the PE Ratio becomes meaningless.
To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the PE Ratio divided by the growth ratio. He thinks a company with a PE Ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a PE Ratio of 20, instead of a company growing 10% a year with a PE Ratio of 10.
Because the PE Ratio measures how long it takes to earn back the price you pay, the PE Ratio can be applied to the stocks across different industries. That is why it is the one of the most important and widely used indicators for the valuation of stocks.
Investors need to be aware that the PE Ratio can be misleading a lot of times, especially when the underlying business is cyclical and unpredictable. As Peter Lynch pointed out, cyclical businesses have higher profit margins at the peaks of the business cycles. Their earnings are high and PE Ratio s are artificially low. It is usually a bad idea to buy a cyclical business when the PE Ratio is low. A better ratio to identify the time to buy a cyclical businesses is the PS Ratio.
Russel Metals PE Ratio without NRI Related Terms
Russel Metals PE Ratio without NRI Historical Data
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The historical data trend for Russel Metals's PE Ratio without NRI 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.
RUSMF vs GWW, FAST, FERG: PE Ratio without NRI Comparison
For the Industrial Distribution subindustry, Russel Metals's PE Ratio without NRI, along with its competitors' market caps and PE Ratio without NRI 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 PE Ratio without NRI vs Industrial Distribution Industry
For the Industrial Distribution industry and Industrials sector, Russel Metals's PE Ratio without NRI distribution charts can be found below:
* The bar in red indicates where Russel Metals's PE Ratio without NRI falls into.
The PE Ratio without NRI, or P/E Ratio without non-recurring items, is a financial ratio used to compare a company's market price to its EPS without NRI. Regular 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 regular PE Ratio.
Russel Metals's PE Ratio without NRI for today is calculated as
Russel Metals's Share Price of today is $41.89.
Russel Metals's EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $2.19.
* 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.
There are at least three kinds of PE Ratios used by different investors. They are Trailing Twelve Month PE Ratio, Forward PE Ratio, or PE Ratio without NRI. A new PE Ratio based on inflation-adjusted normalized PE Ratio is called Shiller PE Ratio, after Yale professor Robert Shiller.
In the case of PE Ratio without NRI, the reported earnings less the non-recurring items are used.
In the calculation of PE Ratio (TTM), the earnings per share used are the earnings per share over the past 12 months.
For Forward PE Ratio, the earnings are the expected earnings for the next twelve months.
For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. Since it looks at the average over the last 10 years, Shiller PE Ratio is also called PE10.
Russel Metals (RUSMF) has a PE Ratio without NRI of 19.11 as of Jun. 24, 2026. P/E without nonrecurring items is the ratio of share price to a company's earnings less one-time charges. View historical data on Russel Metals and its competitors. This is 41% above median its historical median of 13.55. Over the past decade, Russel Metals' PE Ratio without NRI has ranged from 3.35 to 356.62. According to the industry distribution chart, Russel Metals ranks #72 out of 131 companies in the Industrial Distribution industry, placing it in the top 55%.
Is Russel Metals' PE Ratio without NRI too high?
Russel Metals' current PE Ratio without NRI of 19.11 is 41% above median its 10-year median of 13.55. Over the past 10 years, this metric has ranged from a low of 3.35 to a high of 356.62. The Industrial Distribution industry median PE Ratio without NRI is 16.35. Russel Metals' value of 19.11 is 16.9% above this industry median. Based on the distribution chart, Russel Metals ranks #72 out of 131 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' PE Ratio without NRI compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Russel Metals ranks #72 out of 131 companies for PE Ratio without NRI. This places Russel Metals in the lower half of its industry. The industry median PE Ratio without NRI is 16.35. Russel Metals' value of 19.11 is 16.9% above this benchmark. Historically, Russel Metals' own PE Ratio without NRI has ranged from 3.35 to 356.62 over the past decade. While the company's 10-year median is 13.55 vs. the industry median of 16.35, 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 PE Ratio without NRI for an Industrial Distribution company?
The median PE Ratio without NRI among Industrial Distribution companies is 16.35, based on 131 companies in the industry. Companies in the top quartile (top 25%) have a PE Ratio without NRI significantly above this median, while those in the bottom quartile fall well below. However, PE Ratio without NRI should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Russel Metals's current PE Ratio without NRI of 19.11 is 16.9% 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 PE Ratio without NRI mean?
A high PE Ratio without NRI can signal that a stock is expensive relative to its fundamentals. P/E without nonrecurring items is the ratio of share price to a company's earnings less one-time charges. View historical data on Russel Metals and its competitors. For the Industrial Distribution industry, the median PE Ratio without NRI is 16.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Russel Metals's current PE Ratio without NRI is 19.11, which is 41% above median its own 10-year median of 13.55. 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 $36.59, compared to a current price of $41.89 — trading 14.5% above its estimated fair value. The current PE Ratio without NRI is 19.11, which is 41% above median its 10-year median of 13.55 and 16.9% above the Industrial Distribution industry median of 16.35. 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 PE Ratio without NRI calculated?
PE Ratio without NRI is calculated from a company's financial statements. For Russel Metals (RUSMF), the current PE Ratio without NRI is 19.11 as of Jun. 24, 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 $41.89 is trading 14.5% above its estimated GF Value™ of $36.59.
GuruFocus considers Russel Metals to be Modestly Overvalued.
Key valuation signals for RUSMF:
PE Ratio without NRI: 19.11 (41% above median its 10-year median of 13.55)
GF Value™: $36.59 vs. price of $41.89 (14.5% above fair value)
Industry Position: 16.9% above the Industrial Distribution median (#72 of 131)
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 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
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