Reliance, Inc. (RS)
(Real Time Quote from BATS)
$282.13 USD
-4.01 (-1.40%)
Updated Sep 20, 2024 12:42 PM ET
4-Sell of 5 4
B Value D Growth C Momentum C VGM
Fundamental Charts
About PEG Ratio (TTM)
The company's trailing twelve month (TTM) PEG ratio is the P/E ratio divided by its long-term growth rate consensus. This ratio essentially compares the P/E to its growth rate, thus, for many, telling a more complete story than just the P/E ratio alone. Conventional wisdom says that a PEG ratio of 1 or less is considered good (at par or undervalued to its growth rate). A value greater than 1, in general, is not as good (overvalued to its growth rate). For example, a company with a P/E ratio of 25 and a growth rate of 20% would have a PEG ratio of 1.25 (25 / 20 = 1.25). A company with a P/E ratio of 40 and a growth rate of 50% would have a PEG ratio of 0.80 (40 / 50 = 0.80). Traditionally, investors would look at the stock with the lower P/E and deem it a bargain. But when compared to its growth rate, it doesn't have the earnings growth to justify its P/E. In this example, the one with the P/E of 40 is the better bargain because it is selling at a discount to its growth rate. So the PEG ratio tells you what you're paying for each unit of earnings growth.
RS 282.13 -4.01(-1.40%)
Will RS be a Portfolio Killer in September?
Zacks Investment Research is releasing its prediction for RS based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for RS
Is First Trust Materials AlphaDEX ETF (FXZ) a Strong ETF Right Now?
Reliance Announces Amended and Restated $1.5B Credit Facility
RS: What are Zacks experts saying now?
Zacks Private Portfolio Services
Should You Invest in the First Trust Materials AlphaDEX ETF (FXZ)?
Wheaton (WPM) Q2 Earnings Beat Estimates, Revenues Up Y/Y
Reliance's (RS) Earnings Miss, Revenues Beat Estimates in Q2
Other News for RS
Reliance: Unlikely To Break New Highs
Reliance, Inc. Announces Amended and Restated $1.5 Billion Credit Facility
Reliance, Inc. to Ring the Closing Bell at the New York Stock Exchange to Commemorate its 30th Anniversary as a Public Company
Seaport Research steel analyst to hold analyst/industry conference call
Seaport Research steel analyst to hold analyst/industry conference call