Worthington Steel, Inc. (WS) P/E Ratio History
ExpensiveTrading at 18.6x vs 5Y avg 12.2x · 100th percentile · Material premium to history · Data 2024–2026
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P/E Ratio Analysis
As of June 21, 2026, Worthington Steel, Inc. (WS) trades at a price-to-earnings ratio of 18.6x, with a stock price of $40.73 and trailing twelve-month earnings per share of $2.51.
The current P/E is 52% above its 5-year average of 12.2x. Over the past five years, WS's P/E has ranged from a low of 9.1x to a high of 15.6x, placing the current valuation at the 100th percentile of its historical range.
Compared to the Basic Materials sector median P/E of 23.6x, WS trades at a 21% discount to its sector peers. The sector includes 123 companies with P/E ratios ranging from 1.0x to 182.5x.
Relative to the broader market, WS trades at a notable discount to the S&P 500 median P/E of 24.4x. Investors should consider the company's growth prospects, competitive position, and earnings quality when evaluating whether the current valuation is justified.
For a comprehensive intrinsic value estimate using discounted cash flow analysis, see our WS DCF Valuation Calculator →
Note: P/E ratio is just one valuation metric. It does not account for balance sheet strength, cash flow quality, or growth sustainability. Always conduct comprehensive due diligence before making investment decisions.
WS Cross-Benchmark Valuation
How does the current P/E compare to sector peers and the broader market?
WS P/E vs Peers
Steel Service Centers and Processing peers sorted by market cap
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $36B | 31.3 | 1.24 | -19% | |
| $56B | 32.4 | 1.24 | -11% | |
| $20B | 28.4 | 1.43 | -10%Best | |
| $8B | 97.8 | - | -82% | |
| $533M | 24.3Lowest | 0.58Best | -49% | |
| $459B | 52.4 | 1.86 | -15% | |
| $159B | 31.9 | 1.95 | -28% |
Lower P/E can signal a discount or weaker growth expectations; PEG adds growth context.
WS Historical P/E Data (2024–2026)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Period End | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2026 Q2 | Nov 30 2025 | $33.75 | $2.47 | 13.7x | +12% |
| FY2026 Q1 | Aug 31 2025 | $33.30 | $2.35 | 14.2x | +16% |
| FY2025 Q4 | May 31 2025 | $24.90 | $2.18 | 11.4x | -7% |
| FY2025 Q3 | Feb 28 2025 | $26.67 | $2.16 | 12.3x | +1% |
| FY2025 Q2 | Nov 30 2024 | $44.84 | $2.88 | 15.6x | +27% |
| FY2025 Q1 | Aug 31 2024 | $35.40 | $2.51 | 14.1x | +15% |
| FY2024 Q4 | May 31 2024 | $32.99 | $3.13 | 10.5x | -14% |
| FY2024 Q3 | - | $31.66 | $3.41 | 9.3x | -24% |
| FY2024 Q2 | - | $27.50 | $3.03 | 9.1x | -26% |
Average P/E for displayed period: 12.2x
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
2+ years return with dividends reinvested.
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Peer Comparison
Compare growth, multiples, and margins vs sector.
WS — Frequently Asked Questions
Quick answers to the most common questions about buying WS stock.
What is WS's P/E ratio?
Worthington Steel, Inc. (WS) trailing twelve-month P/E ratio is 18.6x, based on TTM diluted EPS of $2.51. The 5-year average P/E is 12.2x and the historical range spans 9.1x to 15.6x.
Is WS stock overvalued or undervalued?
WS trades at 18.6x P/E, above its 5-year average of 12.2x. The 100th percentile ranking within the 9.1x–15.6x historical range indicates a premium to historical valuation.
Is WS stock expensive?
Yes, WS is expensive relative to its own history. The current P/E of 18.6x is above the 5-year average of 12.2x. The stock sits at the 100th percentile of its 5-year valuation range.
What is WS's historical P/E range?
Over the past 5 years, WS's P/E ratio has ranged from 9.1x to 15.6x, with a median of 12.3x and an average of 12.2x. The current P/E of 18.6x places the stock at the 100th percentile of this range. Full historical data spans 2024–2026.
How does WS's P/E compare to the S&P 500?
WS trades at 18.6x P/E versus the S&P 500 median of 24.4x. The 24% discount to the market suggests lower growth expectations or perceived higher risk.
How does WS's valuation compare to Basic Materials peers?
Worthington Steel, Inc. P/E of 18.6x compares to the Basic Materials sector median of 23.6x. The discount suggests lower growth expectations, weaker margins, or higher perceived risk relative to peers. See the peer comparison table on this page for ticker-by-ticker P/E and PEG.
What is WS's PEG ratio?
WS PEG ratio is N/A, based on a P/E of 18.6x and EPS growth of -29.6%. PEG normalises P/E by growth and helps compare stocks with different earnings trajectories.
What is WS's earnings yield?
WS earnings yield is 5.38%, the inverse of its 18.6x P/E ratio. Earnings yield represents the percentage of each dollar invested that the company earns. It can be compared directly to bond yields to assess relative attractiveness of stocks versus fixed income.