The current PE ratio for Goosehead Insurance stock as of Sep 28, 2023 is 282.07. This is calculated based on the TTM EPS of $0.27 and the stock price of $76.16 per share. The PE ratio marks a decrease of 79% from its last 4 quarters average of 1328.6.
The average historical PE ratio of Goosehead Insurance for the last five years is 560.61. The current P/E ratio of 282.07 is 50% lower than the historical average. Looking back at the last five 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 Sep 2019 quarter, when it reached 164.5 with a price of $49.35 and an EPS of $0.3.
Maximum annual increase: 146.39% in 2022
GSHD's current PE ratio is lower than its 3 and 5-year averages.
In comparison to its peer stock MMC, GSHD's PE ratio is higher.
|Stock name||PE ratio||Market cap|
|MMC Marsh & Mclennan Companies Inc||28.64||$93.94B|
|GSHD Goosehead Insurance Inc||276.48||$2.81B|
GSHD's price to earnings ratio is 282.07 as of Sep 28, 2023.
As an average over the last 3 years, GSHD stock has a PE ratio of 658.02.
As an average over the last 5 years, GSHD stock has a PE ratio of 560.61.
Over the last five years, the Sep 2022 quarter recorded the highest quarterly PE ratio at 3,564.
The current PE ratio of GSHD is 50% lower than the 5-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 (Sep 28, 2023), Goosehead Insurance's share price is $76.16. The company's earnings per share for the trailing twelve months (TTM) ending Jun 2023 is $0.27. Therefore, Goosehead Insurance's PE ratio for today is 282.07.
PE RATIO(282.07) = STOCK PRICE($76.16) / TTM EPS($0.27)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.