Schnitzer Steel Industries Inc

NASDAQ RDUS

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Schnitzer Steel Industries Inc Price to Earnings Ratio (P/E) on June 03, 2024: 34.82

Schnitzer Steel Industries Inc Price to Earnings Ratio (P/E) is 34.82 on June 03, 2024, a -57.53% change year over year. The price to earnings ratio (P/E ratio) compares the market price per share of a company's stock to its earnings per share (EPS). It is calculated by dividing the market capitalization by the net income, divided by the number of outstanding shares. This ratio provides insights into the market's valuation of a company's earnings. A higher P/E ratio indicates that investors are willing to pay a higher price for each unit of earnings, suggesting higher market expectations for future earnings growth.
  • Schnitzer Steel Industries Inc 52-week high Price to Earnings Ratio (P/E) is 37,335.39 on August 31, 2023, which is 107,122.04% above the current Price to Earnings Ratio (P/E).
  • Schnitzer Steel Industries Inc 52-week low Price to Earnings Ratio (P/E) is 28.09 on March 20, 2024, which is -19.32% below the current Price to Earnings Ratio (P/E).
  • Schnitzer Steel Industries Inc average Price to Earnings Ratio (P/E) for the last 52 weeks is 10,256.83.
NASDAQ: RDUS

Schnitzer Steel Industries Inc

CEO -
IPO Date Nov. 15, 1993
Location United States
Headquarters 299 SW Clay Street, Portland, OR, United States, 97201
Employees 3,353
Sector Basic Materials
Industry Steel
Description

Radius Recycling, Inc. recycles ferrous and nonferrous metal, and manufactures finished steel products worldwide. The company acquires, processes, and recycles salvaged vehicles, rail cars, home appliances, industrial machinery, manufacturing scrap, and construction and demolition scrap. It offers recycled ferrous metal, a feedstock used in the production of finished steel products; and nonferrous products, including mixed metal joint products recovered from the shredding process, such as zorba, zurik, aluminum, copper, stainless steel, nickel, brass, titanium, lead, and high temperature alloys. The company also procures salvaged vehicles and sells serviceable used auto parts from these vehicles through its retail self-service auto parts stores. In addition, it produces various finished steel products using ferrous recycled metal and other raw materials, as well as semi-finished goods, which include billets; and finished goods consisting of rebar, coiled rebar, wire rods, merchant bars, and other specialty products. Further, the company sells catalytic converters to specialty processors that extract the nonferrous precious metals, including platinum, palladium, and rhodium; and ferrous and nonferrous recycled metal products to steel mills, foundries, refineries, smelters, wholesalers, and recycled metal processors, as well as finished steel customers, such as steel service centers, construction industry subcontractors, steel fabricators, wire drawers, and major farm and wood products suppliers. It also provides recycling and related services, including scrap brokerage, certified destruction, automotive parts recycling, railcar dismantling, and reverse logistics under 3PR brand name. Radius Recycling, Inc. was formerly known as Schnitzer Steel Industries, Inc. and changed its name to Radius Recycling, Inc. in January 2024. Radius Recycling, Inc. was founded in 1906 and is headquartered in Portland, Oregon.

StockViz Staff

September 20, 2024

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