P/E ratio for Rush Enterprises (RUSHA)
P/E ratio as of May 2024 (TTM): 10.2
According to Rush Enterprises 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.2201. 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 |
|---|---|---|
| 2022 | 11.1 | -42.37% |
| 2021 | 19.3 | -35.26% |
| 2020 | 29.8 | 64.78% |
| 2019 | 18.1 | 24.38% |
| 2018 | 14.5 | -17.65% |
| 2017 | 17.6 | -62.02% |
| 2016 | 46.5 | 132.03% |
| 2015 | 20.0 | -15.88% |
| 2014 | 23.8 | -33.11% |
| 2013 | 35.6 | 84.76% |
| 2012 | 19.3 | 4.64% |
| 2011 | 18.4 | -49.28% |
| 2010 | 36.3 | -63.38% |
| 2009 | 99.1 | 539.74% |
| 2008 | 15.5 | -14.43% |
| 2007 | 18.1 | 90.05% |
| 2006 | 9.52 | -10.29% |
| 2005 | 10.6 | -51.49% |
| 2004 | 21.9 | 10.7% |
| 2003 | 19.8 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 CarMax
KMX | 25.4 | 148.81% | 🇺🇸 USA |
 Lithia Motors LAD | 7.14 | -30.15% | 🇺🇸 USA |
 Sonic Automotive
SAH | -47.0 | -559.72% | 🇺🇸 USA |
 Penske Automotive PAG | 9.48 | -7.24% | 🇺🇸 USA |
 Group 1 Automotive GPI | 7.02 | -31.29% | 🇺🇸 USA |
 AutoNation AN | 7.21 | -29.42% | 🇺🇸 USA |
 Asbury Automotive Group ABG | 5.80 | -43.22% | 🇺🇸 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.