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Russel Metals (STU:RMZ) Shiller PE Ratio : 12.92 (As of Jun. 18, 2024)


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What is Russel Metals Shiller PE Ratio?

As of today (2024-06-18), Russel Metals's current share price is €25.20. Russel Metals's E10 for the quarter that ended in Mar. 2024 was €1.95. Russel Metals's Shiller PE Ratio for today is 12.92.

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

STU:RMZ' s Shiller PE Ratio Range Over the Past 10 Years
Min: 8.06   Med: 15.33   Max: 25.54
Current: 12.81

During the past years, Russel Metals's highest Shiller PE Ratio was 25.54. The lowest was 8.06. And the median was 15.33.

STU:RMZ's Shiller PE Ratio is ranked better than
63.64% of 110 companies
in the Industrial Distribution industry
Industry Median: 16.28 vs STU:RMZ: 12.81

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.

Russel Metals's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.557. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €1.95 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Russel Metals Shiller PE Ratio Historical Data

The historical data trend for Russel Metals'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.

Russel Metals Shiller PE Ratio Chart

Russel Metals Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.57 15.58 16.84 11.44 15.74

Russel Metals Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Shiller PE 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 13.08 13.34 13.42 15.74 15.48

Competitive Comparison of Russel Metals's Shiller PE Ratio

For the Industrial Distribution subindustry, Russel Metals'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.


Russel Metals's Shiller PE Ratio Distribution in the Industrial Distribution Industry

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

* The bar in red indicates where Russel Metals's Shiller PE Ratio falls into.



Russel Metals 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.

Russel Metals's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=25.20/1.95
=12.92

* 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 E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Russel Metals's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.557/126.2576*126.2576
=0.557

Current CPI (Mar. 2024) = 126.2576.

Russel Metals Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.326 99.473 0.414
201409 0.366 99.394 0.465
201412 0.345 98.367 0.443
201503 0.220 99.789 0.278
201506 0.195 100.500 0.245
201509 0.141 100.421 0.177
201512 -1.466 99.947 -1.852
201603 0.088 101.054 0.110
201606 0.186 102.002 0.230
201609 0.177 101.765 0.220
201612 0.256 101.449 0.319
201703 0.335 102.634 0.412
201706 0.348 103.029 0.426
201709 0.376 103.345 0.459
201712 0.298 103.345 0.364
201803 0.389 105.004 0.468
201806 0.691 105.557 0.827
201809 0.717 105.636 0.857
201812 0.484 105.399 0.580
201903 0.364 106.979 0.430
201906 0.333 107.690 0.390
201909 0.199 107.611 0.233
201912 -0.075 107.769 -0.088
202003 0.110 107.927 0.129
202006 0.046 108.401 0.054
202009 0.186 108.164 0.217
202012 -0.096 108.559 -0.112
202103 0.862 110.298 0.987
202106 1.277 111.720 1.443
202109 1.409 112.905 1.576
202112 1.120 113.774 1.243
202203 1.119 117.646 1.201
202206 1.448 120.806 1.513
202209 1.098 120.648 1.149
202212 0.646 120.964 0.674
202303 0.812 122.702 0.836
202306 0.952 124.203 0.968
202309 0.686 125.230 0.692
202312 0.533 125.072 0.538
202403 0.557 126.258 0.557

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.


Russel Metals  (STU:RMZ) 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.


Russel Metals Shiller PE Ratio Related Terms

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


Russel Metals (STU:RMZ) Business Description

Traded in Other Exchanges
Address
6600 Financial Drive, Mississauga, ON, CAN, L5N 7J6
Russel Metals Inc is a Canada-based metal distribution company. The company conducts business primarily through three metals distribution segments: metals service centers; energy products; and steel distributors. The metal service centers provide processing and distribution services to a broad base of end-users. The energy products segment distributes oil country tubular goods, line pipe, tubes, valves, and fittings, primarily to the energy industry in Western Canada and the U.S. The steel distributors segment acts as master distributors selling steel in large volumes to other steel service centers and equipment manufacturers mainly on an "as is" basis. The company generates all of its revenue from the North American market.

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