The current price-to-earnings ratio for United Rentals stock as of Jul 25, 2024 is 19.88. This is calculated based on the current EPS of $37.95 and the stock price of $754.26 per share. The PE ratio has increased by 21% from the past four quarters average of 16.4.
The average historical PE ratio of United Rentals for the last ten years is 13.86. The current price-to-earnings ratio of 19.88 is 43% more than the historical average. In the past ten years, URI's PE ratio reached its highest point in the Mar 2021 quarter at 25.87, when the stock price was $329.31 and the EPS was $12.73. The lowest point was recorded in the Mar 2020 quarter, when it reached 6.7 with a price of $102.9 and an EPS of $15.36.
Maximum annual increase: 72.43% in 2020
Maximum annual decrease: -35.85% in 2015
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 16.2 | 35.68% |
| 2022 | 11.94 | -31.22% |
| 2021 | 17.36 | -8.39% |
| 2020 | 18.95 | 72.43% |
| 2019 | 10.99 | 42.17% |
| 2018 | 7.73 | -28.49% |
| 2017 | 10.81 | -33.56% |
| 2016 | 16.27 | 37.76% |
| 2015 | 11.81 | -35.85% |
| 2014 | 18.41 | -2.23% |
The current PE ratio of URI is above its 3, 5 and 10-year historical averages.
URI's PE ratio is less than its peer stock FAST, but it is above OSK's and TEX's. United Rentals's current PE ratio of 19.88 is more than the average of its peers, which is 16.23.
| Stock name | PE ratio | Market cap |
|---|---|---|
| TEX Terex Corp | 8.75 | $4.49B |
| OSK Oshkosh Corp | 11.02 | $7.59B |
| HEES H&E Equipment Services Inc | 11.36 | $1.95B |
| URI United Rentals Inc | 19.82 | $49.75B |
| FAST Fastenal Co | 35.01 | $40.3B |
The price to earnings ratio for URI stock as of Jul 25, 2024, stands at 19.88.
Over the last 3 years, the average PE ratio for URI stock is 14.89.
Over the last 5 years, the average PE ratio for URI stock is 14.84.
The highest quarterly PE ratio in the last ten years has been 25.87 and it was in the Mar 2021 quarter.
The current price to earnings ratio of URI is 43% higher than the 10-year historical average.
The P/E ratio is calculated by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Jul 25, 2024), United Rentals's stock price is $754.26. The earnings per share for the trailing twelve months (TTM) ending Jun 2024 is $37.95. Therefore, United Rentals's price to earnings ratio for today is 19.88. PE RATIO(19.88) = STOCK PRICE($754.26) / TTM EPS($37.95)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.