H&E Equipment Services
HEES
#3895
Rank
$2.34 B
Marketcap
$64.18
Share price
-0.68%
Change (1 day)
49.64%
Change (1 year)

P/E ratio for H&E Equipment Services (HEES)

P/E ratio as of March 2024 (TTM): 13.9

According to H&E Equipment Services's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.8918. At the end of 2022 the company had a P/E ratio of 12.5.

P/E ratio history for H&E Equipment Services from 2006 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202212.5-20.55%
202115.7-147.92%
2020-32.8-338.12%
201913.844.85%
20189.50-28.04%
201713.2-40.4%
201622.159.61%
201513.9-22.46%
201417.9-23.31%
201323.328.5%
201218.2-64.82%
201151.6-425.66%
2010-15.8-47.17%
2009-30.0-578.6%
20086.27-43.56%
200711.1-59.65%
200627.5

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
29.6 112.80%๐Ÿ‡บ๐Ÿ‡ธ USA
20.8 49.99%๐Ÿ‡บ๐Ÿ‡ธ USA

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.