MGRC Mcgrath Rentcorp PE ratio, current and historical analysis
The current P/E ratio for Mcgrath Rentcorp stock as of Dec 24, 2024 is 12.29. This is calculated based on the TTM EPS of $9.16 and the stock price of $112.56 per share. The PE ratio has decreased by 34% from its last 4 quarters average of 18.7.
MGRC PE ratio history
The average historical PE ratio of Mcgrath Rentcorp for the last ten years is 17.04. The current price-to-earnings ratio of 12.29 is 28% less than the historical average. Analyzing the last ten years, MGRC's PE ratio reached its highest point in the Dec 2016 quarter at 24.49, when the price was $39.19 and the EPS was $1.6. The lowest point was recorded in the Dec 2017 quarter, when it reached 7.33 with a price of $46.98 and an EPS of $6.41.
Mcgrath Rentcorp PE ratio by year
Maximum annual increase: 113.51% in 2018
Maximum annual decrease: -70.07% in 2017
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 16.75 | -19.78% |
| 2022 | 20.88 | -3.73% |
| 2021 | 21.69 | 36.42% |
| 2020 | 15.9 | -17.1% |
| 2019 | 19.18 | 22.56% |
| 2018 | 15.65 | 113.51% |
| 2017 | 7.33 | -70.07% |
| 2016 | 24.49 | 55.59% |
| 2015 | 15.74 | -22.31% |
| 2014 | 20.26 | -12.94% |
MGRC average PE ratio chart
MGRC's current PE ratio is under its 3, 5 and 10-year averages.
MGRC PE vs peers
When compared to its peer stocks URI and HEES, MGRC's PE ratio is lower.
| Stock name | PE ratio | Market cap |
|---|---|---|
| MGRC Mcgrath Rentcorp | 12.29 | $2.76B |
| HEES H&E Equipment Services Inc | 12.62 | $1.84B |
| URI United Rentals Inc | 18.95 | $47.74B |
Frequently asked questions
What is Mcgrath Rentcorp's PE ratio?
MGRC stock has a price to earnings ratio of 12.29 as of Dec 24, 2024.
What is the 3-year average PE ratio for Mcgrath Rentcorp (MGRC)?
The average PE ratio for MGRC stock over the past 3 years is 18.24.
What is the 5-year average PE ratio for Mcgrath Rentcorp (MGRC)?
The average PE ratio for MGRC stock over the past 5 years is 17.67.
What is the highest PE ratio for MGRC?
Over the last ten years, the quarterly PE ratio reached its highest level at 24.49 in the Dec 2016 quarter.
How does the current PE ratio for MGRC compare to its historical average?
The current PE ratio of MGRC is 28% lower than the 10-year historical average.
How is MGRC's PE ratio calculated (Mcgrath Rentcorp PE ratio formula)?
You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months earnings per share(EPS). As of today (Dec 24, 2024), Mcgrath Rentcorp's share price is $112.56. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $9.16. Therefore, Mcgrath Rentcorp's price to earnings ratio for today is 12.29. PE RATIO(12.29) = STOCK PRICE($112.56) / TTM EPS($9.16)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.