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H&E Equipment Services (H&E Equipment Services) Price-to-Tangible-Book

: 5.66 (As of Today)
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As of today (2024-04-16), H&E Equipment Services's share price is $61.14. H&E Equipment Services's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $10.80. Hence, H&E Equipment Services's Price to Tangible Book Ratio of today is 5.66.

The historical rank and industry rank for H&E Equipment Services's Price-to-Tangible-Book or its related term are showing as below:

HEES' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 4.85   Med: 7.39   Max: 9.69
Current: 5.66

During the past 13 years, H&E Equipment Services's highest Price to Tangible Book Ratio was 9.69. The lowest was 4.85. And the median was 7.39.

HEES's Price-to-Tangible-Book is ranked worse than
80.02% of 871 companies
in the Business Services industry
Industry Median: 2.06 vs HEES: 5.66

A closely related ratio is called PB Ratio. As of today, H&E Equipment Services's share price is $61.14. H&E Equipment Services's Book Value per Sharefor the quarter that ended in Dec. 2023 was $14.66. Hence, H&E Equipment Services's P/B Ratio of today is 4.17.


H&E Equipment Services Price-to-Tangible-Book Historical Data

The historical data trend for H&E Equipment Services'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.

H&E Equipment Services Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.37 7.36 7.43 6.20 4.85

H&E Equipment Services Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Price-to-Tangible-Book Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.20 5.69 5.24 4.33 4.85

Competitive Comparison

For the Rental & Leasing Services subindustry, H&E Equipment Services'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.


H&E Equipment Services Price-to-Tangible-Book Distribution

For the Business Services industry and Industrials sector, H&E Equipment Services's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where H&E Equipment Services's Price-to-Tangible-Book falls into.



H&E Equipment Services Price-to-Tangible-Book Calculation

H&E Equipment Services's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=61.14/10.797
=5.66

* 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.

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

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.


H&E Equipment Services Price-to-Tangible-Book Related Terms

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


H&E Equipment Services (H&E Equipment Services) Business Description

Traded in Other Exchanges
Address
7500 Pecue Lane, Baton Rouge, LA, USA, 70809
H&E Equipment Services Inc is an integrated equipment services company. It is focused on heavy construction and industrial equipment. It rents, sells, and provides parts and services support for four core categories of equipment including hi-lift or aerial work platform equipment, cranes, earthmoving equipment, and industrial lift trucks. It engages in five principal business activities: equipment rentals; new equipment sales; used equipment sales; parts sales; and repair and maintenance services. The majority of its revenue is derived from the equipment rentals segment.
Executives
Suzanne H Wood director 1200 URBAN CENTER DRIVE, BIRMINGHAM AL 35242
John Mcdowell Engquist officer: President & COO 7500 PECUE LANE, BATON ROUGE LA 70809
Gary W Bagley director H&E EQUIPMENT SERVICES, 4899 WEST 2100 SOUTH, SALT LAKE CITY UT 84120
Jacob Thomas director 840 CRESCENT CENTRE DR, STE 600, FRANKLIN TN 37067
Paul Arnold director C/O CORT BUSINESS SERVICE CORP, 4401 FAIR LAKES COURT, FAIRFAX VA 22033
Bradley W Barber director, officer: CEO & President H&E EQUIPMENT SERVICES, 11100 MEAD ROAD, SUITE 200, BATON ROUGE LA 70816
Patrick Edsell director
Lawrence C Karlson director C/O CDI CORP., 1717 ARCH ST 35TH FLOOR, PHILADELPHIA PA 19103-2768
John Sawyer director PENHALL CO., 1801 PENHALL WAY/ POB 4609, ANAHEIM CA 92803
Thompson Mary Patricia B director 651 S. STRATFORD DRIVE, SUITE 100, MERIDIAN ID 83642
Bruce Bruckmann director C/O MOHAWK INDUSTRIES INC, P O BOX 12069, CALHOUN GA 30703
John Engquist director, 10 percent owner, officer: CEO & President H&E EQUIPMENT SERVICES, 11100 MEAD ROAD, SUITE 200, BATON ROUGE LA 70816
Leslie S Magee officer: CFO & Secretary H&E EQUIPMENT SERVICES, 11100 MEAD ROAD, SUITE 200, BATON ROUGE LA 70816
John D Jones officer: V.P., Product Support H&E EQUIPMENT SERVICES, 11100 MEAD ROAD, SUITE 200, BATON ROUGE LA 70816
William W Fox officer: V.P., Cranes & Earthmoving H&E EQUIPMENT SERVICES, 11100 MEAD ROAD, SUITE 200, BATON ROUGE LA 70816