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
| Year | PE ratio | Change |
|---|---|---|
| 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 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.