Reliance Enterprise Value Multiple from 2010 to 2024

RS Stock  USD 323.08  3.81  1.19%   
Reliance Steel Enterprise Value Multiple yearly trend continues to be comparatively stable with very little volatility. Enterprise Value Multiple will likely drop to 5.96 in 2024. From the period from 2010 to 2024, Reliance Steel Enterprise Value Multiple quarterly data regression had r-value of (0.28) and coefficient of variation of  21.65. View All Fundamentals
 
Enterprise Value Multiple  
First Reported
2010-12-31
Previous Quarter
8.36831832
Current Value
5.96
Quarterly Volatility
1.63258544
 
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Yuan Drop
 
Covid
Check Reliance Steel financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Reliance Steel's main balance sheet or income statement drivers, such as Depreciation And Amortization of 257.7 M, Interest Expense of 48.2 M or Total Revenue of 15.5 B, as well as many indicators such as Price To Sales Ratio of 1.16, Dividend Yield of 0.0105 or PTB Ratio of 1.13. Reliance financial statements analysis is a perfect complement when working with Reliance Steel Valuation or Volatility modules.
  
Check out the analysis of Reliance Steel Correlation against competitors.

Latest Reliance Steel's Enterprise Value Multiple Growth Pattern

Below is the plot of the Enterprise Value Multiple of Reliance Steel Aluminum over the last few years. It is Reliance Steel's Enterprise Value Multiple historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Reliance Steel's overall financial position and show how it may be relating to other accounts over time.
Enterprise Value Multiple10 Years Trend
Pretty Stable
   Enterprise Value Multiple   
       Timeline  

Reliance Enterprise Value Multiple Regression Statistics

Arithmetic Mean7.54
Geometric Mean7.37
Coefficient Of Variation21.65
Mean Deviation1.33
Median7.68
Standard Deviation1.63
Sample Variance2.67
Range5.4815
R-Value(0.28)
Mean Square Error2.64
R-Squared0.08
Significance0.31
Slope(0.10)
Total Sum of Squares37.31

Reliance Enterprise Value Multiple History

2024 5.96
2023 8.37
2022 4.7
2021 5.38
2020 9.55
2019 7.82
2018 6.03

About Reliance Steel Financial Statements

Reliance Steel shareholders use historical fundamental indicators, such as Enterprise Value Multiple, to determine how well the company is positioned to perform in the future. Although Reliance Steel investors may analyze each financial statement separately, they are all interrelated. The changes in Reliance Steel's assets and liabilities, for example, are also reflected in the revenues and expenses on on Reliance Steel's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Enterprise Value Multiple 8.37  5.96 

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Additional Tools for Reliance Stock Analysis

When running Reliance Steel's price analysis, check to measure Reliance Steel's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Reliance Steel is operating at the current time. Most of Reliance Steel's value examination focuses on studying past and present price action to predict the probability of Reliance Steel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Reliance Steel's price. Additionally, you may evaluate how the addition of Reliance Steel to your portfolios can decrease your overall portfolio volatility.