Rush Enterprises
RUSHA
#3202
Rank
$2.86 B
Marketcap
$50.67
Share price
2.80%
Change (1 day)
12.00%
Change (1 year)

P/E ratio for Rush Enterprises (RUSHA)

P/E ratio as of August 2022 (TTM): 8.31

According to Rush Enterprises 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.30656. At the end of 2021 the company had a P/E ratio of 12.8.

P/E ratio history for Rush Enterprises from 2003 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202112.8-35.26%
202019.864.77%
201912.024.38%
20189.69-17.65%
201711.8-62.02%
201631.0132.03%
201513.3-15.88%
201415.9-33.11%
201323.784.76%
201212.8

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.