The current PE ratio for Goosehead Insurance stock as of Jul 25, 2024 is 128.62. This is calculated based on the TTM EPS of $0.66 and the stock price of $84.89 per share. The PE ratio marks a decrease of 17% from its last 4 quarters average of 155.2.
The average historical PE ratio of Goosehead Insurance for the last six years is 495.92. The current P/E ratio of 128.62 is 74% lower than the historical average. Looking back at the last six years, GSHD's PE ratio peaked in the Sep 2022 quarter at 3,564, when the price was $35.64 and the EPS was $0.01. The lowest point was in the Mar 2024 quarter, when it reached 100.94 with a price of $66.62 and an EPS of $0.66.
Maximum annual increase: 146.39% in 2022
Maximum annual decrease: -88.78% in 2023
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 128.47 | -88.78% |
| 2022 | 1,144.67 | 146.39% |
| 2021 | 464.57 | 104.8% |
| 2020 | 226.84 | 28.4% |
| 2019 | 176.67 | N/A |
| 2018 | N/A | N/A |
| 2017 | N/A | N/A |
| 2016 | N/A | N/A |
GSHD's current PE ratio is lower than its 3 and 5-year averages.
In comparison to its peer stock RYAN, GSHD's PE ratio is higher.
| Stock name | PE ratio | Market cap |
|---|---|---|
| RYAN Ryan Specialty Group Holdings Inc | 108.23 | $15.79B |
| GSHD Goosehead Insurance Inc | 134.21 | $3.37B |
GSHD's price to earnings ratio is 128.62 as of Jul 25, 2024.
As an average over the last 3 years, GSHD stock has a PE ratio of 662.36.
As an average over the last 5 years, GSHD stock has a PE ratio of 511.95.
Over the last six years, the Sep 2022 quarter recorded the highest quarterly PE ratio at 3,564.
The current PE ratio of GSHD is 74% lower than the 6-year historical average.
GSHD's PE ratio is high because the stock price is relatively expensive compared to the earnings generated by the company.
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Jul 25, 2024), Goosehead Insurance's share price is $84.89. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $0.66. Therefore, Goosehead Insurance's PE ratio for today is 128.62. PE RATIO(128.62) = STOCK PRICE($84.89) / TTM EPS($0.66)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.