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HEES H&E Equipment Services PE ratio, current and historical analysis

The PE ratio for H&E Equipment Services stock stands at 10.36 as of May 20, 2024. This results from the current EPS of $4.69 and stock price of $48.57. A decrease of 7% has been recorded in the P/E ratio compared to the average of 11.2 of the last 4 quarters.

HEES PE ratio history

How has HEES's PE ratio performed in the past

Over the last ten years, the average PE ratio of H&E Equipment Services has been 25.97. The current 10.36 PE ratio is 60% 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.

Average
25.97
Median
13.87
Minimum
7.68
Maximum
196.6

H&E Equipment Services PE ratio by year

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%

HEES average PE ratio chart

What is the average PE ratio of HEES for the past years

Currently, HEES's PE ratio is lower than the 3, 5 and 10-year averages.

3-year avg
19.12
5-year avg
35.87
10-year avg
25.97
15-year avg
25.85

HEES PE vs peers

What is HEES's PE ratio compared to its peers

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 10.27 $1.76B
URI United Rentals Inc 18.78 $46.25B
CCI Crown Castle International Corp 31.39 $43.78B
MIND Mind Technology Inc N/A $6.2M

Frequently asked questions

What is H&E Equipment Services's PE ratio?

The price to earnings ratio for HEES stock as of May 20, 2024, stands at 10.36.

What is the 3-year average PE ratio for H&E Equipment Services (HEES)?

As an average over the last 3 years, HEES stock has a PE ratio of 19.12.

What is the 5-year average PE ratio for H&E Equipment Services (HEES)?

As an average over the last 5 years, HEES stock has a PE ratio of 35.87.

What is the highest PE ratio for HEES?

Over the last ten years, the quarterly PE ratio reached a historic high of 196.6 in the Sep 2020 quarter.

How does the current PE ratio for HEES compare to its historical average?

HEES's price to earnings ratio is currently 60% below its 10-year historical average.

How is HEES's PE ratio calculated (H&E Equipment Services PE ratio formula)?

To determine the PE ratio, divide the most recent stock price by the TTM earnings per share (EPS). As of today (May 20, 2024), H&E Equipment Services's stock price is $48.57. 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 10.36. PE RATIO(10.36) = STOCK PRICE($48.57) / TTM EPS($4.69)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.