The price-to-earnings ratio for Rush Enterprises stock stands at 15.21 as of Nov 21, 2024. This is calculated based on the current EPS of $3.9 and the stock price of $59.32 per share. An increase of 24% has been recorded in the PE ratio compared to the average of 12.3 of the past four quarters.
Over the last ten years, the average PE ratio of Rush Enterprises has been 13.61. The current 15.21 price-to-earnings ratio is 12% more 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, 5 and 10-year averages.
When compared to its peer KMX, 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 14.5.
Stock name | PE ratio | Market cap |
---|---|---|
AN Autonation Inc | 9.7 | $6.74B |
GPI Group 1 Automotive Inc | 10.82 | $5.44B |
SAH Sonic Automotive Inc | 10.93 | $2.16B |
PAG Penske Automotive Group Inc | 12.31 | $10.74B |
LAD Lithia Motors Inc | 13.03 | $10.19B |
ABG Asbury Automotive Group Inc | 14.43 | $5.06B |
RUSHA Rush Enterprises Inc | 15.21 | $4.69B |
KMX Carmax Inc | 30.31 | $12.49B |
The price to earnings ratio for RUSHA stock as of Nov 21, 2024, stands at 15.21.
Over the last 3 years, the average PE ratio for RUSHA stock is 9.97.
Over the last 5 years, the average PE ratio for RUSHA stock is 11.98.
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 12% higher 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 (Nov 21, 2024), Rush Enterprises's stock price is $59.32. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $3.9. Therefore, Rush Enterprises's price to earnings ratio for today is 15.21. PE RATIO(15.21) = STOCK PRICE($59.32) / TTM EPS($3.9)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.