P/E ratio for Radius Recycling (Schnitzer Steel) (RDUS)

P/E ratio history for Radius Recycling (Schnitzer Steel) from 2001 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
Nucor NUE	5.86	-135.94%	🇺🇸 USA
Steel Dynamics STLD	7.27	-144.57%	🇺🇸 USA
Commercial Metals Company CMC	6.01	-136.86%	🇺🇸 USA
Grupo Simec SIM	22.4	-237.45%	🇲🇽 Mexico
Worthington Enterprises WOR	6.77	-141.50%	🇺🇸 USA
U.S. Steel X	6.11	-137.46%	🇺🇸 USA
Gerdau GGB	2.85	-117.47%	🇧🇷 Brazil

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.