Rush Enterprises
RUSHA
#3278
Rank
$3.46 B
Marketcap
$44.71
Share price
0.36%
Change (1 day)
-16.62%
Change (1 year)

P/E ratio for Rush Enterprises (RUSHA)

P/E ratio as of May 2024 (TTM): 9.94

According to Rush Enterprises 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.93681. At the end of 2022 the company had a P/E ratio of 11.1.

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

PE ratio at the end of each year

Year P/E ratio Change
202211.1-42.37%
202119.3-35.26%
202029.864.78%
201918.124.38%
201814.5-17.65%
201717.6-62.02%
201646.5132.03%
201520.0-15.88%
201423.8-33.11%
201335.684.76%
201219.34.64%
201118.4-49.28%
201036.3-63.38%
200999.1539.74%
200815.5-14.43%
200718.190.05%
20069.52-10.29%
200510.6-51.49%
200421.910.7%
200319.8

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
24.3 145.03%๐Ÿ‡บ๐Ÿ‡ธ USA
6.80-31.52%๐Ÿ‡บ๐Ÿ‡ธ USA
-44.6-548.50%๐Ÿ‡บ๐Ÿ‡ธ USA
9.06-8.81%๐Ÿ‡บ๐Ÿ‡ธ USA
6.80-31.53%๐Ÿ‡บ๐Ÿ‡ธ USA
7.22-27.31%๐Ÿ‡บ๐Ÿ‡ธ USA
5.50-44.62%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.