Reliance Steel Aluminum Stock Book Value Per Share
| RS6 Stock | EUR 301.90 6.20 2.10% |
Reliance Steel Aluminum fundamentals help investors to digest information that contributes to Reliance Steel's financial success or failures. It also enables traders to predict the movement of Reliance Stock. The fundamental analysis module provides a way to measure Reliance Steel's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Reliance Steel stock.
Reliance |
Reliance Steel Aluminum Company Book Value Per Share Analysis
Reliance Steel's Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
More About Book Value Per Share | All Equity Analysis
Book Value per Share | = | Common EquityAverage Shares |
Current Reliance Steel Book Value Per Share | 120.56 X |
Most of Reliance Steel's fundamental indicators, such as Book Value Per Share, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Reliance Steel Aluminum is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
| Competition |
In accordance with the recently published financial statements, the book value per share of Reliance Steel Aluminum is about 120 times. This is 76.04% lower than that of the Basic Materials sector and 99.21% lower than that of the Steel industry. The book value per share for all Germany stocks is 93.76% higher than that of the company.
Reliance Book Value Per Share Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Reliance Steel's direct or indirect competition against its Book Value Per Share to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Reliance Steel could also be used in its relative valuation, which is a method of valuing Reliance Steel by comparing valuation metrics of similar companies.Reliance Steel is currently under evaluation in book value per share category among its peers.
Reliance Fundamentals
| Return On Equity | 0.28 | |||
| Return On Asset | 0.16 | |||
| Profit Margin | 0.11 % | |||
| Operating Margin | 0.15 % | |||
| Current Valuation | 12.83 B | |||
| Shares Outstanding | 58.79 M | |||
| Shares Owned By Insiders | 0.86 % | |||
| Shares Owned By Institutions | 83.58 % | |||
| Price To Earning | 8.86 X | |||
| Price To Book | 1.78 X | |||
| Price To Sales | 0.65 X | |||
| Revenue | 17.02 B | |||
| Gross Profit | 5.26 B | |||
| EBITDA | 2.73 B | |||
| Net Income | 1.84 B | |||
| Cash And Equivalents | 133.6 M | |||
| Cash Per Share | 1.99 X | |||
| Total Debt | 1.14 B | |||
| Debt To Equity | 49.00 % | |||
| Current Ratio | 4.06 X | |||
| Book Value Per Share | 120.56 X | |||
| Cash Flow From Operations | 2.12 B | |||
| Earnings Per Share | 28.20 X | |||
| Target Price | 181.17 | |||
| Number Of Employees | 10 | |||
| Beta | 0.89 | |||
| Market Capitalization | 13.85 B | |||
| Total Asset | 10.33 B | |||
| Z Score | 8.2 | |||
| Annual Yield | 0.02 % | |||
| Five Year Return | 1.90 % | |||
| Net Asset | 10.33 B | |||
| Last Dividend Paid | 3.5 |
About Reliance Steel Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Reliance Steel Aluminum's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Reliance Steel using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Reliance Steel Aluminum based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Additional Information and Resources on Investing in Reliance Stock
When determining whether Reliance Steel Aluminum is a strong investment it is important to analyze Reliance Steel's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Reliance Steel's future performance. For an informed investment choice regarding Reliance Stock, refer to the following important reports:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Reliance Steel Aluminum. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..