P/E ratio for Rush Enterprises (RUSHA)
P/E ratio as of June 2023 (TTM): 7.87
According to Rush Enterprises 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.8687. 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 |
|---|---|---|
| 2021 | 12.8 | -35.26% |
| 2020 | 19.8 | 64.77% |
| 2019 | 12.0 | 24.38% |
| 2018 | 9.69 | -17.65% |
| 2017 | 11.8 | -62.02% |
| 2016 | 31.0 | 132.03% |
| 2015 | 13.3 | -15.88% |
| 2014 | 15.9 | -33.11% |
| 2013 | 23.7 | 84.76% |
| 2012 | 12.8 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 CarMax
KMX | 24.6 | 212.32% | 🇺🇸 USA |
 Lithia Motors LAD | 5.95 | -24.38% | 🇺🇸 USA |
 Sonic Automotive
SAH | 23.3 | 196.68% | 🇺🇸 USA |
 Penske Automotive PAG | 8.10 | 2.97% | 🇺🇸 USA |
 Group 1 Automotive GPI | 5.07 | -35.63% | 🇺🇸 USA |
 AutoNation AN | 5.66 | -28.11% | 🇺🇸 USA |
 Asbury Automotive Group ABG | 5.10 | -35.24% | 🇺🇸 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.