Rush Enterprises (Rush Enterprises) Price-to-Tangible-Book : 2.39 (As of Apr. 26, 2024)

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What is Rush Enterprises Price-to-Tangible-Book?

As of today (2024-04-26), Rush Enterprises's share price is $44.54. Rush Enterprises's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $18.63. Hence, Rush Enterprises's Price to Tangible Book Ratio of today is 2.39.

The historical rank and industry rank for Rush Enterprises's Price-to-Tangible-Book or its related term are showing as below:

RUSHB' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.73 Med: 2.48 Max: 2.93
Current: 2.58

During the past 13 years, Rush Enterprises's highest Price to Tangible Book Ratio was 2.93. The lowest was 1.73. And the median was 2.48.

RUSHB's Price-to-Tangible-Book is ranked worse than
65.61% of 1198 companies
in the Vehicles & Parts industry
Industry Median: 1.7 vs RUSHB: 2.58

A closely related ratio is called PB Ratio. As of today, Rush Enterprises's share price is $44.54. Rush Enterprises's Book Value per Sharefor the quarter that ended in Dec. 2023 was $24.04. Hence, Rush Enterprises's P/B Ratio of today is 1.85.

Rush Enterprises Price-to-Tangible-Book Historical Data

The historical data trend for Rush Enterprises's Price-to-Tangible-Book can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Rush Enterprises Price-to-Tangible-Book Chart

Rush Enterprises Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

2.06

2.30

2.73

2.31

2.84

Rush Enterprises Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Price-to-Tangible-Book	Get a 7-Day Free Trial															2.34	2.53	2.44	2.84	2.86

Competitive Comparison of Rush Enterprises's Price-to-Tangible-Book

For the Auto & Truck Dealerships subindustry, Rush Enterprises's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Rush Enterprises's Price-to-Tangible-Book Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Rush Enterprises's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Rush Enterprises's Price-to-Tangible-Book falls into.

Rush Enterprises Price-to-Tangible-Book Calculation

Rush Enterprises's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	44.54	/	18.634
	=	2.39

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.

Rush Enterprises Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Rush Enterprises's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

Rush Enterprises (Rush Enterprises) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Rush Enterprises Inc (NAS:RUSHB) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

RUSHA:USA

Address

555 IH-35 South, Suite 500, New Braunfels, TX, USA, 78130

Website

https://www.rushenterprises.com

Rush Enterprises Inc is a full-service, integrated retailer of commercial vehicles and related services. The company operates in a single segment; Truck Segment includes the operation of a network of commercial vehicle dealerships under the name Rush Truck Centers. It sells commercial vehicles manufactured by Peterbilt, International, Hino, Ford, Isuzu, IC Bus, and Blue Bird and also provides one-stop service for the needs of commercial vehicle customers, including retail sales of new and used commercial vehicles, aftermarket parts sales, service and repair facilities, financing, leasing and rental, and insurance products. The company's business is concentrated in the United States commercial vehicle markets and related aftermarkets.