Sunbelt Rentals HoldingsASHGY +1.17%49 Forward PE Ratio is 19.43 as of Jul. 07, 2026. GuruFocus rates ASHGY with a GF Score™ of 49/100. The stock has 4 warning signs investors should review. Among 416 Business Services companies, Sunbelt Rentals Holdings ranks worse than 75.96% on this metric.
Sunbelt Rentals Holdings (OTCPK:ASHGY) Forward PE Ratio Explanation
The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.
Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .
Sunbelt Rentals Holdings Forward PE Ratio Related Terms
Sunbelt Rentals Holdings Forward PE Ratio Historical Data
* 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.
Sunbelt Rentals Holdings Forward PE Ratio Chart
Sunbelt Rentals Holdings Annual Data
Trend
2016-04
2017-04
2018-04
2019-04
2020-04
2021-04
2022-04
2023-04
2024-04
2025-04
2026-04
Forward PE Ratio
10.09
14.10
13.57
10.95
11.25
25.71
11.64
13.93
16.13
14.40
19.50
Sunbelt Rentals Holdings Quarterly Data
2016-01
2016-04
2016-07
2016-10
2017-01
2017-04
2017-07
2017-10
2018-01
2018-04
2018-07
2018-10
2019-01
2019-04
2019-07
2019-10
2020-01
2020-04
2020-07
2020-10
2021-01
2021-04
2021-07
2021-10
2022-01
2022-04
2022-07
2022-10
2023-01
2023-04
2023-07
2023-10
2024-01
2024-04
2024-07
2024-10
2025-01
2025-04
2025-07
2025-10
2026-01
2026-04
Forward PE Ratio
9.38
10.09
13.05
12.95
14.03
14.10
13.83
16.47
16.00
13.57
15.29
10.86
10.06
10.95
11.05
11.12
11.61
11.25
18.55
21.98
21.19
25.71
26.53
20.92
15.65
11.64
13.09
14.41
15.29
13.93
16.50
12.64
14.56
16.13
14.58
19.14
16.25
14.40
18.23
18.70
15.20
19.50
ASHGY vs AER, UHAL, R: Forward PE Ratio Comparison
For the Rental & Leasing Services subindustry, Sunbelt Rentals Holdings's Forward PE Ratio, along with its competitors' market caps and Forward PE Ratio 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.
Sunbelt Rentals Holdings Forward PE Ratio vs Business Services Industry
For the Business Services industry and Industrials sector, Sunbelt Rentals Holdings's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Sunbelt Rentals Holdings's Forward PE Ratio falls into.
Sunbelt Rentals Holdings Forward PE Ratio Calculation
It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.
Sunbelt Rentals Holdings (ASHGY) has a Forward PE Ratio of 19.43 as of Jul. 07, 2026. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Sunbelt Rentals Holdings and its competitors. According to the industry distribution chart, Sunbelt Rentals Holdings ranks #316 out of 416 companies in the Business Services industry, placing it in the top 76%.
Is Sunbelt Rentals Holdings' Forward PE Ratio too high?
Sunbelt Rentals Holdings' current Forward PE Ratio is 19.43. The Business Services industry median Forward PE Ratio is 12.73. Sunbelt Rentals Holdings' value of 19.43 is 52.6% above this industry median. Based on the distribution chart, Sunbelt Rentals Holdings ranks #316 out of 416 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, Sunbelt Rentals Holdings has a GF Score™ of 49/100, reflecting its overall financial health beyond just this single metric.
How does Sunbelt Rentals Holdings' Forward PE Ratio compare to AER and UHAL?
According to the Business Services industry distribution chart, Sunbelt Rentals Holdings ranks #316 out of 416 companies for Forward PE Ratio. This places Sunbelt Rentals Holdings in the lower half of its industry. The industry median Forward PE Ratio is 12.73. Sunbelt Rentals Holdings' value of 19.43 is 52.6% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward PE Ratio for a Business Services company?
The median Forward PE Ratio among Business Services companies is 12.73, based on 416 companies in the industry. Companies in the top quartile (top 25%) have a Forward PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Forward PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Sunbelt Rentals Holdings's current Forward PE Ratio of 19.43 is 52.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Forward PE Ratio mean?
A high Forward PE Ratio can signal that a stock is expensive relative to its fundamentals. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Sunbelt Rentals Holdings and its competitors. For the Business Services industry, the median Forward PE Ratio is 12.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sunbelt Rentals Holdings's current Forward PE Ratio is 19.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sunbelt Rentals Holdings stock overvalued right now?
Sunbelt Rentals Holdings (ASHGY) has a current Forward PE Ratio of 19.43. The current Forward PE Ratio is 19.43 and 52.6% above the Business Services industry median of 12.73. Sunbelt Rentals Holdings' overall GF Score™ is 49/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward PE Ratio calculated?
Forward PE Ratio is calculated from a company's financial statements. For Sunbelt Rentals Holdings (ASHGY), the current Forward PE Ratio is 19.43 as of Jul. 07, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Sunbelt Rentals (formerly UK-based Ashtead Group) is the number two equipment rental company in the US (11% market share), with a smaller presence in Canada and the UK. Sunbelt operates a rental fleet of just over $15 billion across a network of 1,200 stores in the US, nearly CAD 2 billion of fleet and 135 stores in Canada, and GBP 1.1 billion and 190 stores in the UK. The company has experienced rapid growth over the past decade as its customers increasingly turn to rental versus owning equipment outright. The general tool business has been augmented by the Specialty Rental business, which has grown to 30% of the mix. Revenue is now greater than 50% nonconstruction, with the remainder focused more directly on commercial construction.
49GF Score
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