Is Reliance Steel & Aluminum Co (RS) overvalued? · P/E 26, rev $13.84B
Reliance Steel & Aluminum Co (RS) is a steel company listed on NYSE.
This page asks whether Reliance Steel & Aluminum Co (RS) looks expensive on cached numbers — not a short thesis.
Latest reported RS revenue for 2024-12-31 was $13.84B. Net income was $878.0M. Revenue was down 6.6% from 2023-12-31 to 2024-12-31. RS currently screens at market cap $20.63B and trailing P/E 26.4.
RS currently screens at market cap $20.63B and trailing P/E 26.4. A high multiple can be growth prepaid or a bubble. The filing has to explain the gap.
If the next RS 8-K cuts growth or raises capex, this “expensive” read gets worse. Until then the SEC page is the source.
Not investment advice. Use the RS stock page for the full model, not this heading.
Not investment advice.