GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » H&E Equipment Services Inc (FRA:H6P) » Definitions » PB Ratio

H&E Equipment Services (FRA:H6P) PB Ratio : 3.64 (As of Dec. 14, 2024)


View and export this data going back to 2006. Start your Free Trial

What is H&E Equipment Services PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-12-14), H&E Equipment Services's share price is €53.50. H&E Equipment Services's Book Value per Share for the quarter that ended in Sep. 2024 was €14.70. Hence, H&E Equipment Services's PB Ratio of today is 3.64.

The historical rank and industry rank for H&E Equipment Services's PB Ratio or its related term are showing as below:

FRA:H6P' s PB Ratio Range Over the Past 10 Years
Min: 1.29   Med: 4.31   Max: 10.36
Current: 3.43

During the past 13 years, H&E Equipment Services's highest PB Ratio was 10.36. The lowest was 1.29. And the median was 4.31.

FRA:H6P's PB Ratio is ranked worse than
74.8% of 1020 companies
in the Business Services industry
Industry Median: 1.795 vs FRA:H6P: 3.43

During the past 12 months, H&E Equipment Services's average Book Value Per Share Growth Rate was 21.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 30.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 13.90% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 16.00% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of H&E Equipment Services was 42.70% per year. The lowest was -44.30% per year. And the median was 8.80% per year.

Back to Basics: PB Ratio


H&E Equipment Services PB Ratio Historical Data

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

* Premium members only.

H&E Equipment Services PB Ratio Chart

H&E Equipment Services Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.86 4.39 5.30 4.10 3.54

H&E Equipment Services Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
PB Ratio Get a 7-Day Free Trial 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 3.33 3.54 4.29 2.77 2.91

Competitive Comparison of H&E Equipment Services's PB Ratio

For the Rental & Leasing Services subindustry, H&E Equipment Services's PB Ratio, along with its competitors' market caps and PB 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.


H&E Equipment Services's PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, H&E Equipment Services's PB Ratio distribution charts can be found below:

* The bar in red indicates where H&E Equipment Services's PB Ratio falls into.



H&E Equipment Services PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

H&E Equipment Services's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2024)
=53.50/14.697
=3.64

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


H&E Equipment Services  (FRA:H6P) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

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


H&E Equipment Services PB Ratio Related Terms

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


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; sales of rental equipment; parts sales; and services. The majority of its revenue is derived from the equipment rentals segment.

H&E Equipment Services Headlines

No Headlines