Rush Enterprises
RUSHA
#3141
Rank
$3.84 B
Marketcap
$49.50
Share price
3.19%
Change (1 day)
13.79%
Change (1 year)

P/E ratio for Rush Enterprises (RUSHA)

P/E ratio as of July 2024 (TTM): 11.0

According to Rush Enterprises 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.9718. At the end of 2022 the company had a P/E ratio of 7.41.

P/E ratio history for Rush Enterprises from 2003 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20227.41-42.37%
202112.8-35.26%
202019.864.78%
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%
201212.84.64%
201112.3-49.28%
201024.2-63.38%
200966.1539.73%
200810.3-14.43%
200712.190.05%
20066.35-10.29%
20057.08-51.49%
200414.610.7%
200313.2

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
6.90-37.10%๐Ÿ‡บ๐Ÿ‡ธ USA
9.57-12.73%๐Ÿ‡บ๐Ÿ‡ธ USA
6.01-45.24%๐Ÿ‡บ๐Ÿ‡ธ USA
7.40-32.58%๐Ÿ‡บ๐Ÿ‡ธ USA
7.55-31.16%๐Ÿ‡บ๐Ÿ‡ธ USA
28.8 162.52%๐Ÿ‡บ๐Ÿ‡ธ USA
-45.5-515.09%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.