Reliance Price To Sales Ratio from 2010 to 2024
| RS Stock | USD 316.66 3.13 1.00% |
Price To Sales Ratio | First Reported 2010-12-31 | Previous Quarter 1.10180232 | Current Value 1.16 | Quarterly Volatility 0.23971672 |
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.
Reliance | Price To Sales Ratio |
Latest Reliance Steel's Price To Sales Ratio Growth Pattern
Below is the plot of the Price To Sales Ratio of Reliance Steel Aluminum over the last few years. Price to Sales Ratio is figured by comparing Reliance Steel Aluminum stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Reliance Steel sales, a figure that is much harder to manipulate than other Reliance Steel Aluminum multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. It is a valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period. Reliance Steel's Price To Sales Ratio 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.
| View | Last Reported 1.21 X | 10 Years Trend |
|
Price To Sales Ratio |
| Timeline |
Reliance Price To Sales Ratio Regression Statistics
| Arithmetic Mean | 0.66 | |
| Geometric Mean | 0.62 | |
| Coefficient Of Variation | 36.19 | |
| Mean Deviation | 0.18 | |
| Median | 0.64 | |
| Standard Deviation | 0.24 | |
| Sample Variance | 0.06 | |
| Range | 0.8363 | |
| R-Value | 0.84 | |
| Mean Square Error | 0.02 | |
| R-Squared | 0.70 | |
| Significance | 0.000098 | |
| Slope | 0.04 | |
| Total Sum of Squares | 0.80 |
Reliance Price To Sales Ratio History
About Reliance Steel Financial Statements
Reliance Steel shareholders use historical fundamental indicators, such as Price To Sales Ratio, 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 Reported | Projected for Next Year | ||
| Price To Sales Ratio | 1.10 | 1.16 |
Thematic Opportunities
Explore Investment Opportunities
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.