The current price-to-earnings ratio for United Rentals stock as of Nov 29, 2023 is 13.78. This is calculated based on the current EPS of $34.56 and the stock price of $476.22 per share. The PE ratio has increased by 8% from the past four quarters average of 12.7.
The average historical PE ratio of United Rentals for the last ten years is 14.1. The current price-to-earnings ratio of 13.78 is 2.3% less 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: -62.36% in 2013
Year | PE ratio | Change |
---|---|---|
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% |
2013 | 18.83 | -62.36% |
The current PE ratio of URI is above its 5-year historical average, but it is lower than the 3 and 10-year 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 13.78 is less than the average of its peers, which is 14.54.
Stock name | PE ratio | Market cap |
---|---|---|
TEX Terex Corp | 6.93 | $3.34B |
HEES H&E Equipment Services Inc | 9.46 | $1.6B |
OSK Oshkosh Corp | 11.78 | $6.33B |
URI United Rentals Inc | 13.78 | $32.28B |
FAST Fastenal Co | 29.97 | $34.08B |
The price to earnings ratio for URI stock as of Nov 29, 2023, stands at 13.78.
Over the last 3 years, the average PE ratio for URI stock is 16.16.
Over the last 5 years, the average PE ratio for URI stock is 13.51.
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 2.3% lower 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 (Nov 29, 2023), United Rentals's stock price is $476.22. The earnings per share for the trailing twelve months (TTM) ending Sep 2023 is $34.56. Therefore, United Rentals's price to earnings ratio for today is 13.78. PE RATIO(13.78) = STOCK PRICE($476.22) / TTM EPS($34.56)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.