The price-to-earnings ratio for Rush Enterprises stock stands at 10.93 as of Apr 26, 2024. This is calculated based on the current EPS of $4.28 and the stock price of $46.76 per share. An increase of 17% has been recorded in the PE ratio compared to the average of 9.3 of the past four quarters.
Over the last ten years, the average PE ratio of Rush Enterprises has been 14.04. The current 10.93 price-to-earnings ratio is 22% less than the historical average. In the past ten years, RUSHA's PE ratio reached its highest point in the Dec 2016 quarter at 31.51, with a price of $14.18 and an EPS of $0.45. The Sep 2022 quarter saw the lowest point at 6.75, with a price of $29.24 and an EPS of $4.33.
Maximum annual increase: 136.38% in 2016
Maximum annual decrease: -62.87% in 2017
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 11.75 | 58.78% |
| 2022 | 7.4 | -42.55% |
| 2021 | 12.88 | -35.18% |
| 2020 | 19.87 | 64.35% |
| 2019 | 12.09 | 23.87% |
| 2018 | 9.76 | -16.58% |
| 2017 | 11.7 | -62.87% |
| 2016 | 31.51 | 136.38% |
| 2015 | 13.33 | -16.69% |
| 2014 | 16 | -32% |
Currently, RUSHA's PE ratio is above the 3-year average, but it is lower than the 5 and 10-year averages.
When compared to its peers KMX and SAH, RUSHA's PE ratio is lower, but it is higher than PAG's and LAD's. Rush Enterprises's PE ratio is trading above the peer group average of 10.68.
| Stock name | PE ratio | Market cap |
|---|---|---|
| GPI Group 1 Automotive Inc | 7.05 | $4.06B |
| LAD Lithia Motors Inc | 7.74 | $7.2B |
| AN Autonation Inc | 7.98 | $6.84B |
| ABG Asbury Automotive Group Inc | 8.02 | $4.48B |
| PAG Penske Automotive Group Inc | 10.04 | $10.43B |
| RUSHA Rush Enterprises Inc | 10.93 | $3.64B |
| SAH Sonic Automotive Inc | 12.44 | $2.11B |
| KMX Carmax Inc | 22.97 | $10.95B |
The price to earnings ratio for RUSHA stock as of Apr 26, 2024, stands at 10.93.
Over the last 3 years, the average PE ratio for RUSHA stock is 9.76.
Over the last 5 years, the average PE ratio for RUSHA stock is 11.54.
In the last ten years, the Dec 2016 quarter recorded the highest quarterly PE ratio at 31.51.
The current price to earnings ratio of RUSHA is 22% lower than the 10-year historical average.
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Apr 26, 2024), Rush Enterprises's stock price is $46.76. The earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $4.28. Therefore, Rush Enterprises's price to earnings ratio for today is 10.93. PE RATIO(10.93) = STOCK PRICE($46.76) / TTM EPS($4.28)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.