Start with its own history
At 20.23×, RS is 51.8% above its 10-observation annual average. A lower multiple can reflect a lower price, higher earnings, or weaker growth expectations—not necessarily a bargain.
NYSE · RSSteelUpdated Nov 5, 2026
Reliance Steel & Aluminum Co. P/E ratio
Current valuation, historical context, and peer comparisons.
Current P/E ratio
20.23×
51.8% abovethe 10-year annual average
Share price441.95
÷Earnings per share21.85
Price and EPS in quote currency. Calculation details
Investors are paying 20.23 for every 1 of reported earnings per share.
P/E over time
2016 – 2025
Annual P/ESelected-period average 13.32×
3-year average16.63×3 positive annual observations
5-year average12.76×5 positive annual observations
10-year average13.32×10 positive annual observations
Peer median · TTM19.32×5 peers with positive P/E
Historical P/E ratios
Annual period-end data · 25 observations
| Period end | P/E | Change |
|---|---|---|
| Dec 31, 2025 | 20.53× | +19.7% |
| Dec 31, 2024 | 17.15× | +40.4% |
| Dec 31, 2023 | 12.21× | +83.3% |
| Dec 31, 2022 | 6.66× | -8.2% |
| Dec 31, 2021 | 7.26× | -65.2% |
| Dec 31, 2020 | 20.86× | +82.7% |
| Dec 31, 2019 | 11.42× | +42.0% |
| Dec 31, 2018 | 8.04× | -21.1% |
View all 25 annual observations +
| Period end | P/E | Change |
|---|---|---|
| Dec 31, 2017 | 10.19× | -46.1% |
| Dec 31, 2016 | 18.89× | +37.0% |
| Dec 31, 2015 | 13.79× | +7.6% |
| Dec 31, 2014 | 12.82× | -29.2% |
| Dec 31, 2013 | 18.10× | +56.2% |
| Dec 31, 2012 | 11.59× | +9.5% |
| Dec 31, 2011 | 10.58× | -45.7% |
| Dec 31, 2010 | 19.50× | -8.8% |
| Dec 31, 2009 | 21.40× | +608.2% |
| Dec 31, 2008 | 3.02× | -70.0% |
| Dec 31, 2007 | 10.06× | +23.8% |
| Dec 31, 2006 | 8.12× | -17.1% |
| Dec 31, 2005 | 9.79× | +31.7% |
| Dec 31, 2004 | 7.44× | -75.8% |
| Dec 31, 2003 | 30.76× | +41.7% |
| Dec 31, 2002 | 21.71× | +5.8% |
| Dec 31, 2001 | 20.52× | N/M |
Change is relative to the preceding observation. N/M values are excluded from averages.
How RS compares
Company P/E vs. peer trailing-12-month ratios
| Company | P/E ratio |
|---|---|
 RS This stockReliance Steel & Aluminum Co. | 20.23× |
 WORWorthington Industries, Inc. | 19.32× |
 WSWorthington Steel, Inc. | N/M |
 ATIATI Inc. | 43.89× |
 KALUKaiser Aluminum Corporation | 8.26× |
 MLIMueller Industries, Inc. | 13.89× |
 CRSCarpenter Technology Corporation | 25.62× |
 DPCDPC Holdings Ltd. | N/M |
Peers are selected by the data provider. Business models and earnings definitions can differ.
Put the numbers in context
What does RS’s P/E tell you?
Compare like with like
The median of the 5 positive peer ratios above is 19.32×. Check growth, margins, debt, and earnings quality before interpreting the gap. A faster-growing business may justify a higher multiple.
Check what drives earnings
One-off gains can temporarily lower P/E; unusual charges can raise it. Reported earnings and forward estimates answer different questions. Pair this view with return on equity and liquidity for a fuller picture.
Keep your research connected
Take RS into your spreadsheet
Pull historical P/E into Excel or Google Sheets with Wisesheets. Build your own comparisons alongside the rest of your financial model.
Explore WisesheetsQuarterly P/E · latest quarterLQ selects the latest reported quarter. Requires the Wisesheets add-in. See available data
=WISE("RS", "PE Ratio", "LQ")Sources & calculation methodology
Current P/E
Share price 441.95 ÷ EPS 21.85 = 20.23×. Data is supplied by Financial Modeling Prep through Wisesheets. Quote feed updated Nov 5, 2026; this is not a real-time trading quote.
History & averages
Annual and quarterly P/E observations are provided separately from the current quote. Averages use the latest 3, 5, or 10 annual observations, excluding missing and nonpositive ratios. Pre-IPO observations are omitted. These are period-end observations, not daily averages.
Data definitions and limitations
The current quote feed does not specify the exact EPS filing-period end or whether EPS is basic or diluted. We do not label it as forward P/E. Peer ratios are explicitly trailing-12-month (TTM) values. Historical observations do not include independently verified price and EPS inputs. Sources may update on different schedules; rounded inputs can produce small calculation differences. Historical comparisons describe past pricing, not an estimate of fair value.
RS P/E ratio: common questions
The essentials behind the numbers.
Reliance Steel & Aluminum Co.'s current P/E is 20.23× based on the quote data last updated Nov 5, 2026. It represents the share price divided by reported earnings per share. Prices and earnings may refresh on different schedules.
Annual P/E uses earnings for a completed fiscal year. Trailing-12-month (TTM) P/E uses the latest four quarters, while forward P/E uses forecast earnings. These are not interchangeable. This page labels peer ratios as TTM and shows dated annual or quarterly historical observations; it does not show forward estimates.
N/M means not meaningful: the feed has no positive P/E for that observation. Negative or zero earnings should not be ranked as a low positive valuation multiple. N/M observations are excluded from the averages shown above.
Divide the share price by earnings per share (EPS). For example, a share price of 100 and EPS of 5 gives a P/E of 20×. This page uses the price and EPS supplied together in the quote when both are positive.
Price timestamps, EPS definitions, share classes, adjustments, and fiscal periods can differ. A forward P/E also uses forecast earnings rather than reported earnings. Compare the inputs and as-of dates before comparing two displayed ratios.
Not necessarily. The average describes previous market pricing, not fair value. Changes in earnings quality, growth expectations, debt, accounting, and business risk can justify a different multiple today.