The price-to-earnings ratio for Rush Enterprises stock stands at 11.76 as of Jul 25, 2024. This is calculated based on the current EPS of $4.08 and the stock price of $47.97 per share. An increase of 10% has been recorded in the PE ratio compared to the average of 10.7 of the past four quarters.
Over the last ten years, the average PE ratio of Rush Enterprises has been 13.82. The current 11.76 price-to-earnings ratio is 15% 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 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 below the peer group average of 12.43.
| Stock name | PE ratio | Market cap |
|---|---|---|
| LAD Lithia Motors Inc | 7.69 | $7.15B |
| GPI Group 1 Automotive Inc | 8.18 | $4.47B |
| AN Autonation Inc | 8.36 | $7.17B |
| ABG Asbury Automotive Group Inc | 9.18 | $5.13B |
| PAG Penske Automotive Group Inc | 11.15 | $10.74B |
| SAH Sonic Automotive Inc | 11.64 | $1.98B |
| RUSHA Rush Enterprises Inc | 12.13 | $3.89B |
| KMX Carmax Inc | 32.43 | $12.96B |
The price to earnings ratio for RUSHA stock as of Jul 25, 2024, stands at 11.76.
Over the last 3 years, the average PE ratio for RUSHA stock is 9.73.
Over the last 5 years, the average PE ratio for RUSHA stock is 11.79.
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 15% 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 (Jul 25, 2024), Rush Enterprises's stock price is $47.97. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $4.08. Therefore, Rush Enterprises's price to earnings ratio for today is 11.76. PE RATIO(11.76) = STOCK PRICE($47.97) / TTM EPS($4.08)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.