Is Ryerson Holding Corp. overvalued or undervalued?

As of 20 February 2025, the valuation grade for Ryerson Holding Corp. has moved from expensive to risky. The company is currently considered overvalued. Key ratios include a Price to Book Value of 0.88, an EV to EBITDA of 12.08, and a Dividend Yield of 363.12%. Notably, Ryerson's P/E ratio is not applicable due to losses, while its ROE stands at -2.10%, indicating poor profitability.
In comparison to peers, Radius Recycling, Inc. has a P/E of -13.1718 and an EV to EBITDA of 65.1450, while Metallus, Inc. shows a P/E of -50.0077 and an EV to EBITDA of 12.0477. These comparisons highlight that Ryerson is underperforming relative to its peers, reinforcing its overvaluation status. Additionally, the company's recent stock performance has lagged behind the S&P 500, particularly over the past year, which further supports the conclusion of overvaluation.