RS

Reliance Steel & Aluminum CoNYSE RS Stock Report

Last reporting period 30 Sep, 2024

Updated 01 Nov, 2024

Last price

Market cap $B

15.923

Large

Exchange

XNYS - New York Stock Exchange, Inc

View Section: Eyestock Rating

Reliance Steel Fair Value

RS

The fair market value of RS stock is 203.55 USD. Relative to the market price of 287.09 USD Reliance Steel is overvalued by 29.1%

Eyestock's quantitative valuation approach is based on the method of estimating historical multipliers. To determine whether a stock is undervalued, we compare its current price to our estimated of fair value. The more undervalued a stock is, the more investment is profitable.

Fair Relative Value

Greatly overvalued 29.1%
203.55 USD
RS Fair Value
287.09 USD
Market price of RS

Reliance Steel Valuation

Current RS share ticker price is 287.09 USD.

The fair value level of 203.55 USD can be considered as an effective entry point for long-term investors to start investing in RS stock. For a more in-depth assessment, we provide a minimum value that can be used to increase a stock position and a maximum one that can be used to reduce it.

Price chart is not available

1y
3y
5y
All time
Market price

Current market price

Fair value

Current price is 29% higher its fair value

Min value

Current price is 58% higher its minimum value

Max value

Current price is 0% higher its maximum value

02.11.2024

Market price:

* Eyestock is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on eyestock.io represent a recommendation to buy or sell a security.

RS stock is greatly overvalued

It means the current price may concern as a High Risk Entry Point

Reliance Steel & Aluminum Co Stock Valuation Calculator

How do we value a stock?

As fair value, we use the product of the median Price-to-earnings ratios at the end of each reporting period for the last 5 years and earnings per share for the last 12 months. By analogy with the fair value, we calculate the maximum and minimum ones using the corresponding P/E extremums.

1

Maximum P/E over 5 years

15.67

2

Median P/E over 5 years

11.12

3

Minimum P/E over 5 years

6.63

4

Earning per share (last 12 months)

18.3 USD

Maximum value

1

x

4

=

286.84 USD

Fair value

2

x

4

=

203.55 USD

Minimum value

3

x

4

=

121.36 USD

Reliance Steel & Aluminum Co price metrics

19.17

Annual return (geometric mean)

32.49

Risk (standard deviation) of returns

β

0.86

Beta (volatility compared to market)

It means that RS stock is less volatile than the broader market

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View Section: Profitability