The PE ratio for H&E Equipment Services stock stands at 14.24 as of Nov 21, 2024. This results from the current EPS of $3.98 and stock price of $56.68. An increase of 21% has been recorded in the P/E ratio compared to the average of 11.7 of the last 4 quarters.
Over the last ten years, the average PE ratio of H&E Equipment Services has been 25.22. The current 14.24 PE ratio is 44% 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 greater than its 3-year historical average, but it is lower than the 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 | 14.24 | $2.08B |
URI United Rentals Inc | 21.91 | $55.17B |
CCI Crown Castle International Corp | 36.93 | $45.42B |
MIND Mind Technology Inc | N/A | $5.45M |
The price to earnings ratio for HEES stock as of Nov 21, 2024, stands at 14.24.
As an average over the last 3 years, HEES stock has a PE ratio of 11.32.
As an average over the last 5 years, HEES stock has a PE ratio of 35.77.
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 44% below its 10-year historical average.
To determine the PE ratio, divide the most recent stock price by the TTM earnings per share (EPS). As of today (Nov 21, 2024), H&E Equipment Services's stock price is $56.68. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $3.98. Therefore, H&E Equipment Services's P/E ratio for today is 14.24. PE RATIO(14.24) = STOCK PRICE($56.68) / TTM EPS($3.98)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.