Schnitzer Steel Industries (SCHN)
Schnitzer Steel Industries PE Value
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SCHN PE Value Range, Past 5 Years
| Minimum | 19.02 | May 2010 |
| Maximum | 103.35 | Aug 2008 |
| Average | 59.19 |
About PE Value (Pro)
Click the "Learn More" link below to see how YCharts calculates the PE Value
This valuation method corrects for any recent price appreciations for discounts by assuming that the value of the company will be in line with its historical valuations based on PE ratios. It will show companies that have recently increased in price, without an accompanying increase in earnings, to be overvalued, and it will show companies with a recent decrease in price, without an accompanying decrease in earnings, to be undervalued.
This method is most difficult to trust with growth stocks. Some of these companies trade at PE multiples of more than 35 for many years as they experience their growth. However, multiples of 35+ are rare (as of August 30, 2010 only 12.5% of companies had a 5 year average PE greater than 35), and since there is no sure way to know when a company's growth will slow, we apply a maximum PE ratio of 35 to companies. This helps to ensure that investors do not purchase companies under the intuition (based on history) that a stock's "reasonable" PE ratio is 35+ over the long term. If an investor wants to apply that PE ratio consciously based on special information, they may do so, but there should be sound reason.
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SCHN News
May 21, 11:47AM Benzinga
about 13 days ago by TradeIdeasQuant
May 18, 1:52PM Street Insider
May 18, 12:33PM Fox Business
May 18, 12:09PM Benzinga
May 18, 11:56AM Street Insider
May 18, 10:31AM Street Insider
about 13 days ago by TradeBot
May 18, 9:47AM Street Insider
May 18, 9:01AM Benzinga
May 17, 4:11PM Street Insider
about 21 days ago by Val_U_Investor
May 01, 7:32AM Street Insider
about 38 days ago by MomentumPartnersLLC
about 45 days ago by azendrian
about 49 days ago by TradeIdeasQuant
about 56 days ago by TradeBot
about 56 days ago by earningscast
about 56 days ago by DynamicDividend
about 76 days ago by RecogniaEvents
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| SCHN | 26.08 | -1.28 | -4.68% | 745.83M |
| SBI | 10.34 | -0.23 | -2.18% | |
| SBGI | 8.13 | +0.02 | +0.25% | 656.75M |
| SBCF | 1.51 | +0.04 | +2.72% | 139.22M |
| SBBX | 5.11 | +0.45 | +9.66% | 17.22M |
| SB | 6.50 | +0.11 | +1.72% | 485.00M |
| RL | 148.75 | +0.06 | +0.04% | 13.73B |
| RKT | 51.58 | +0.12 | +0.23% | 3.633B |
| RJF | 34.19 | +0.33 | +0.97% | 4.608B |
| RJET | 5.43 | +0.25 | +4.83% | 250.87M |
