HEES H&E Equipment Services PE ratio, current and historical analysis
The PE ratio for H&E Equipment Services stock stands at 22.48 as of Jan 21, 2025. This results from the current EPS of $3.98 and stock price of $89.46. An increase of 92% has been recorded in the P/E ratio compared to the average of 11.7 of the last 4 quarters.
HEES PE ratio history
Over the last ten years, the average PE ratio of H&E Equipment Services has been 25.41. The current 22.48 PE ratio is 12% 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.
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
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 PE vs peers
HEES's PE ratio is lower than its peer stock CCI, but it is greater than URI's and MIND's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| MIND Mind Technology Inc | 2.58 | $63.84M |
| URI United Rentals Inc | 20.42 | $51.44B |
| HEES H&E Equipment Services Inc | 22.47 | $3.27B |
| CCI Crown Castle International Corp | 31.34 | $38.55B |
Frequently asked questions
What is H&E Equipment Services's PE ratio?
The price to earnings ratio for HEES stock as of Jan 21, 2025, stands at 22.48.
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 10.92.
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 36.99.
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 12% 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 (Jan 21, 2025), H&E Equipment Services's stock price is $89.46. 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 22.48. PE RATIO(22.48) = STOCK PRICE($89.46) / TTM EPS($3.98)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.