Hertz Global Holdings (NAS:HTZ) 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 .
Hertz Global Holdings Forward PE Ratio Related Terms
Hertz Global Holdings Forward PE Ratio Historical Data
* Premium members only.
The historical data trend for Hertz Global Holdings's Forward PE Ratio 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.
Hertz Global Holdings Forward PE Ratio Chart
Hertz Global Holdings Annual Data
Trend
2021-12
2022-12
2023-12
Forward PE Ratio
17.99
6.72
8.05
Hertz Global Holdings Quarterly Data
2021-09
2021-12
2022-03
2022-06
2022-09
2022-12
2023-03
2023-06
2023-09
2023-12
2024-03
2024-06
Forward PE Ratio
20.83
17.99
8.10
5.89
7.08
6.72
7.47
8.61
5.46
8.05
9.11
11.42
HTZ vs ALTG, MWG, AIHS: Forward PE Ratio Comparison
For the Rental & Leasing Services subindustry, Hertz Global 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.
Hertz Global Holdings Forward PE Ratio vs Business Services Industry
For the Business Services industry and Industrials sector, Hertz Global Holdings's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Hertz Global Holdings's Forward PE Ratio falls into.
Hertz Global 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.
Hertz Global Holdings (HTZ) has a Forward PE Ratio of 6.12 as of Jun. 30, 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 Hertz Global Holdings and its competitors. According to the industry distribution chart, Hertz Global Holdings ranks #42 out of 417 companies in the Business Services industry, placing it in the top 10.1%.
Is Hertz Global Holdings' Forward PE Ratio too high?
Hertz Global Holdings' current Forward PE Ratio is 6.12. The Business Services industry median Forward PE Ratio is 12.37. Hertz Global Holdings' value of 6.12 is 50.5% below this industry median. Based on the distribution chart, Hertz Global Holdings ranks #42 out of 417 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Hertz Global Holdings has a GF Score™ of 59/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Hertz Global Holdings' Forward PE Ratio compare to ALTG and MWG?
According to the Business Services industry distribution chart, Hertz Global Holdings ranks #42 out of 417 companies for Forward PE Ratio. This places Hertz Global Holdings in the top 10% of its industry — outperforming the majority of peers. The industry median Forward PE Ratio is 12.37. Hertz Global Holdings' value of 6.12 is 50.5% below 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 12.37, based on 417 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. Hertz Global Holdings's current Forward PE Ratio of 6.12 is 50.5% below 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 Hertz Global Holdings and its competitors. For the Business Services industry, the median Forward PE Ratio is 12.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hertz Global Holdings's current Forward PE Ratio is 6.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hertz Global Holdings stock overvalued right now?
Based on GuruFocus' analysis, Hertz Global Holdings (HTZ) is currently considered Possible Value Trap. The stock's GF Value™ is $5.59, compared to a current price of $2.27 — trading 59.5% below its estimated fair value. The current Forward PE Ratio is 6.12 and 50.5% below the Business Services industry median of 12.37. Hertz Global Holdings' overall GF Score™ is 59/100 with 9 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 Hertz Global Holdings (HTZ), the current Forward PE Ratio is 6.12 as of Jun. 30, 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.
Is Hertz Global Holdings (HTZ) Overvalued in 2026?
Based on GuruFocus' analysis, Hertz Global Holdings stock appears to be undervalued.
The current stock price of $2.27 is trading 59.5% below its estimated GF Value™ of $5.59.
GuruFocus considers Hertz Global Holdings to be Possible Value Trap.
Key valuation signals for HTZ:
Forward PE Ratio: 6.12
GF Value™: $5.59 vs. price of $2.27 (59.5% below fair value)
Industry Position: 50.5% below the Business Services median (#42 of 417)
No single metric tells the full story. See the HTZ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hertz Global Holdings Inc is engaged principally in the business of renting vehicles through its Hertz, Dollar and Thrifty brands. The company has two reportable segments: i) Americas RAC: Rental of vehicles, as well as sales of vehicles and value-added services, in the U.S., Canada, Latin America and the Caribbean, ii) International RAC: Rental of vehicles, as well as sales of vehicles and value-added services, in locations other than the U.S., Canada, Latin America and the Caribbean. The company maintains a substantial network of company-operated rental locations, a majority of which are in Europe, and has franchisees and partners that operate rental locations under brands. Geographical markets include North America, Europe, Pacific Asia, Middle East and Africa, and Latin America.
59GF Score
Get the complete analysis for HTZ
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
HTZ has been successfully added to your 