United Rentals
URI
#385
Rank
$49.59 B
Marketcap
$738.35
Share price
2.74%
Change (1 day)
64.00%
Change (1 year)
United Rentals, Inc. is an American equipment rental company. The equipment offered for rent includes lifting and aerial work platforms, forklifts, a large selection of construction machinery as well as pumps, generators and other units.

P/E ratio for United Rentals (URI)

P/E ratio as of July 2024 (TTM): 21.3

According to United Rentals 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 21.335. At the end of 2022 the company had a P/E ratio of 11.9.

P/E ratio history for United Rentals from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202211.9-31.53%
202117.4-8.1%
202018.972.98%
201910.941.59%
20187.72-28.57%
201710.8-33.24%
201616.237.97%
201511.7-36.53%
201418.5-2.07%
201318.9-66.35%
201256.1204.5%
201118.4-136.44%
2010-50.6427.06%
2009-9.591198.91%
2008-0.7385-114.44%
20075.11-53.34%
200611.0-7.68%
200511.9-173.17%
2004-16.2177.2%
2003-5.85172.03%
2002-2.15-114.5%
200114.8

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
11.5-46.10%๐Ÿ‡บ๐Ÿ‡ธ USA
34.3 60.82%๐Ÿ‡บ๐Ÿ‡ธ USA
8.75-58.99%๐Ÿ‡บ๐Ÿ‡ธ USA
13.7-35.65%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.