Reliance Tangible Book Value Per Share from 2010 to 2024

RS Stock  USD 282.63  4.56  1.59%   
Reliance Steel Tangible Book Value Per Share yearly trend continues to be comparatively stable with very little volatility. Tangible Book Value Per Share is likely to outpace its year average in 2024. From the period from 2010 to 2024, Reliance Steel Tangible Book Value Per Share quarterly data regression had r-value of  0.91 and coefficient of variation of  78.69. View All Fundamentals
 
Tangible Book Value Per Share  
First Reported
2010-12-31
Previous Quarter
79.56041695
Current Value
83.54
Quarterly Volatility
25.33408668
 
Credit Downgrade
 
Yuan Drop
 
Covid
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.
  
Check out the analysis of Reliance Steel Correlation against competitors.

Latest Reliance Steel's Tangible Book Value Per Share Growth Pattern

Below is the plot of the Tangible Book Value Per Share of Reliance Steel Aluminum over the last few years. It is Reliance Steel's Tangible Book Value Per Share 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.
Tangible Book Value Per Share10 Years Trend
Slightly volatile
   Tangible Book Value Per Share   
       Timeline  

Reliance Tangible Book Value Per Share Regression Statistics

Arithmetic Mean32.19
Geometric Mean23.59
Coefficient Of Variation78.69
Mean Deviation19.86
Median23.96
Standard Deviation25.33
Sample Variance641.82
Range80.8468
R-Value0.91
Mean Square Error122.39
R-Squared0.82
Slope5.14
Total Sum of Squares8,985

Reliance Tangible Book Value Per Share History

2024 83.54
2023 79.56
2022 65.56
2021 46.01
2020 34.83
2019 32.58
2018 24.25

About Reliance Steel Financial Statements

Reliance Steel shareholders use historical fundamental indicators, such as Tangible Book Value Per Share, 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 ReportedProjected for Next Year
Tangible Book Value Per Share 79.56  83.54 

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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.