The current PE ratio for Goosehead Insurance stock as of Nov 21, 2024 is 156.64. This is calculated based on the TTM EPS of $0.78 and the stock price of $122.18 per share. The PE ratio marks an increase of 49% from its last 4 quarters average of 104.9.
The average historical PE ratio of Goosehead Insurance for the last six years is 459.47. The current P/E ratio of 156.64 is 66% 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 Jun 2024 quarter, when it reached 75.58 with a price of $57.44 and an EPS of $0.76.
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 | 83.41 | $18.78B |
GSHD Goosehead Insurance Inc | 156.64 | $4.53B |
GSHD's price to earnings ratio is 156.64 as of Nov 21, 2024.
As an average over the last 3 years, GSHD stock has a PE ratio of 593.49.
As an average over the last 5 years, GSHD stock has a PE ratio of 487.63.
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 66% 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 (Nov 21, 2024), Goosehead Insurance's share price is $122.18. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $0.78. Therefore, Goosehead Insurance's PE ratio for today is 156.64. PE RATIO(156.64) = STOCK PRICE($122.18) / TTM EPS($0.78)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.