The PE ratio for H&E Equipment Services stock stands at 9.95 as of May 3, 2024. This results from the current EPS of $4.69 and stock price of $46.65. A decrease of 11% has been recorded in the P/E ratio compared to the average of 11.2 of the last 4 quarters.
Over the last ten years, the average PE ratio of H&E Equipment Services has been 25.97. The current 9.95 PE ratio is 62% below the historical average. In the past ten years, HEES's PE ratio was at its highest in the Sep 2020 quarter at 196.6, with a price of $19.66 and an EPS of $0.1. The Sep 2022 quarter recorded the bottom point at 7.68, with a price of $28.34 and an EPS of $3.69.
Maximum annual increase: 59.63% in 2016
Maximum annual decrease: -40.56% in 2017
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 11.16 | -9.56% |
| 2022 | 12.34 | -21.1% |
| 2021 | 15.64 | N/A |
| 2020 | N/A | N/A |
| 2019 | 13.76 | 44.84% |
| 2018 | 9.5 | -27.81% |
| 2017 | 13.16 | -40.56% |
| 2016 | 22.14 | 59.63% |
| 2015 | 13.87 | -22.47% |
| 2014 | 17.89 | -23.94% |
Currently, HEES's PE ratio is lower than the 3, 5 and 10-year averages.
HEES's PE ratio is lower than its peer stocks URI and CCI.
| Stock name | PE ratio | Market cap |
|---|---|---|
| HEES H&E Equipment Services Inc | 9.95 | $1.7B |
| URI United Rentals Inc | 18.02 | $44.39B |
| CCI Crown Castle International Corp | 30.34 | $42.32B |
| MIND Mind Technology Inc | N/A | $8.23M |
The price to earnings ratio for HEES stock as of May 3, 2024, stands at 9.95.
As an average over the last 3 years, HEES stock has a PE ratio of 19.12.
As an average over the last 5 years, HEES stock has a PE ratio of 35.87.
Over the last ten years, the quarterly PE ratio reached a historic high of 196.6 in the Sep 2020 quarter.
HEES's price to earnings ratio is currently 62% below its 10-year historical average.
HEES's stock price is trading at a lower multiple of earnings, which is why its PE ratio of 9.95 is considered low.
To determine the PE ratio, divide the most recent stock price by the TTM earnings per share (EPS). As of today (May 3, 2024), H&E Equipment Services's stock price is $46.65. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $4.69. Therefore, H&E Equipment Services's P/E ratio for today is 9.95. PE RATIO(9.95) = STOCK PRICE($46.65) / TTM EPS($4.69)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.