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Amerco PE Ratio

: 10.19 (As of Today)
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The PE Ratio, or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). As of today (2022-08-17), Amerco's share price is $577.92. Amerco's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2022 was $56.71. Therefore, Amerco's PE Ratio for today is 10.19.


The historical rank and industry rank for Amerco's PE Ratio or its related term are showing as below:

UHAL' s PE Ratio Range Over the Past 10 Years
Min: 6.09   Med: 14.05   Max: 23.74
Current: 10.2


During the past 13 years, the highest PE Ratio of Amerco was 23.74. The lowest was 6.09. And the median was 14.05.


UHAL's PE Ratio is ranked better than
71.63% of 779 companies
in the Business Services industry
Industry Median: 17.47 vs UHAL: 10.20

Amerco's Earnings per Share (Diluted) for the three months ended in Jun. 2022 was $17.03. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2022 was $56.71.

As of today (2022-08-17), Amerco's share price is $577.92. Amerco's EPS without NRI for the trailing twelve months (TTM) ended in Jun. 2022 was $56.71. Therefore, Amerco's PE Ratio without NRI for today is 10.19.

During the past 13 years, Amerco's highest PE Ratio without NRI was 23.74. The lowest was 6.09. And the median was 14.05.

Amerco's EPS without NRI for the three months ended in Jun. 2022 was $17.03. Its EPS without NRI for the trailing twelve months (TTM) ended in Jun. 2022 was $56.71.

During the past 12 months, Amerco's average EPS without NRI Growth Rate was 28.10% per year. During the past 3 years, the average EPS without NRI Growth Rate was 44.60% per year. During the past 5 years, the average EPS without NRI Growth Rate was 14.00% per year. During the past 10 years, the average EPS without NRI Growth Rate was 12.90% per year.

During the past 13 years, Amerco's highest 3-Year average EPS without NRI Growth Rate was 696.10% per year. The lowest was -84.30% per year. And the median was 7.95% per year.

Amerco's EPS (Basic) for the three months ended in Jun. 2022 was $17.03. Its EPS (Basic) for the trailing twelve months (TTM) ended in Jun. 2022 was $56.71.


Amerco PE Ratio Historical Data

The historical data trend for Amerco's 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.

* Premium members only.

Amerco Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
PE Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.55 19.63 12.88 19.67 10.42

Amerco Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
PE Ratio 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 13.31 12.52 12.83 10.42 8.43

Competitive Comparison

For the Rental & Leasing Services subindustry, Amerco's PE Ratio, along with its competitors' market caps and 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.

   

Amerco PE Ratio Distribution

For the Business Services industry and Industrials sector, Amerco's PE Ratio distribution charts can be found below:

* The bar in red indicates where Amerco's PE Ratio falls into.



Amerco PE Ratio Calculation

The PE Ratio, or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). It is the most widely used ratio in the valuation of stocks.

Amerco's PE Ratio for today is calculated as

PE Ratio=Share Price/Earnings per Share (Diluted) (TTM)
=577.92/56.710
=10.19

Amerco's Share Price of today is $577.92.
Amerco's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $56.71.

* 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:


There are at least three kinds of PE Ratios used by different investors. They are Trailing Twelve Month PE Ratio or PE Ratio (TTM), Forward PE Ratio, or PE Ratio without NRI. A new PE Ratio based on inflation-adjusted normalized PE Ratio is called Shiller PE Ratio, after Yale professor Robert Shiller.

In the calculation of PE Ratio, the earnings per share used are the earnings per share over the past 12 months. For Forward PE Ratio, the earnings are the expected earnings for the next twelve months. In the case of PE Ratio without NRI, the reported earnings less the non-recurring items are used.

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. Since it looks at the average over the last 10 years, Shiller PE Ratio is also called PE10.


Amerco  (NAS:UHAL) PE Ratio Explanation

The PE Ratio can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. For example, if a company earns $2 a share per year, and the stock is traded at $30, the PE Ratio is 15. Therefore it takes 15 years for the company to earn back the $30 you paid for its stock, assuming the earnings stays constant over the next 15 years.

In real business, earnings never stay constant. If a company can grow its earnings, it takes fewer years for the company to earn back the price you pay for the stock. If a company's earnings decline it takes more years. As a shareholder, you want the company to earn back the price you pay as soon as possible. Therefore, lower P/E stocks are more attractive than higher P/E stocks so long as the PE Ratio is positive. Also for stocks with the same PE Ratio, the one with faster growth business is more attractive.

If a company loses money, the PE Ratio becomes meaningless.

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the PE Ratio divided by the growth ratio. He thinks a company with a PE Ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a PE Ratio of 20, instead of a company growing 10% a year with a PE Ratio of 10.

Because the PE Ratio measures how long it takes to earn back the price you pay, the PE Ratio can be applied to the stocks across different industries. That is why it is the one of the most important and widely used indicators for the valuation of stocks.

Similar to the PE Ratio without NRI or PS Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PE Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

Investors need to be aware that the PE Ratio can be misleading a lot of times, especially when the underlying business is cyclical and unpredictable. As Peter Lynch pointed out, cyclical businesses have higher profit margins at the peaks of the business cycles. Their earnings are high and PE Ratios are artificially low. It is usually a bad idea to buy a cyclical business when the PE Ratio is low. A better ratio to identify the time to buy a cyclical businesses is the PS Ratio .

PE Ratio can also be affected by non-recurring-items 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.


Amerco PE Ratio Related Terms

Thank you for viewing the detailed overview of Amerco's PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Amerco Business Description

Amerco logo
Traded in Other Exchanges
Address
5555 Kietzke Lane, Suite 100, Reno, NV, USA, 89511
Amerco Inc is an American provider of rental trucks to household movers. The company operates a fleet of trucks, trailers, and towing devices under the U-Haul brand. The service is targeted at do-it-yourself household movers. Amerco offers its products and services through a network of retail moving stores and independent U-Haul dealers. The company also offers self-storage solutions for household and commercial goods, as well as insurance products covering loss on goods in storage, medical, life, and cargo protection. It operates in three segments: Moving and Storage, Property and Casualty Insurance, and Life Insurance.
Executives
Martz Carrie other: Advisory Board Member 21335 N. 74TH WAY SCOTTSDALE AZ 85225
Shoen Edward J director, 10 percent owner, officer: Chairman/President 2727 N CENTRAL AVE PHOENIX AZ 85004
Shoen Mark V 10 percent owner 2727 N CENTRAL AVE PHOENIX AZ 85004
Willow Grove Holdings Lp 10 percent owner 1250 E. MISSOURI AVE PHOENIX AZ 85014
Foster Road Llc 10 percent owner 1250 E. MISSOURI AVE PHOENIX AZ 85014
Bell Maria Lourdes officer: Chief Accounting Officer 2727 N. CENTRAL AVE PHOENIX AZ 85004
Braccia Matthew officer: Pres-Amerco Real Estate Co. 2727 N. CENTRAL AVE. PHOENIX AZ 85004
Hayes Thomas W other: Ind. Gov Committee Member C/O FREMONT GENERAL CORP 2020 SANTA MONICA BLVD #600 SANTA MONICA CA 90404
Vizcarra Carlos officer: Pres-Amerco Real Estate Co 2727 N CENTRAL AVE PHOENIX AZ 85004
Herrera Richard Jay director 21 BRILLIANT SKY DRIVE SANTE FE NM 87508
Hillman Amy J other: Ind. Gov. Committee Member C/O CDK GLOBAL, INC., 1950 HASSELL RD. HOFFMAN ESTATES IL 60169
Shank Roberta Roberts other: Advisory Board Member 20002 NORTH 19TH AVENUE PHOENIX AZ 85027
Grogan James J director 2727 N CENTRAL AVENUE PHOENIX AZ 85004
Schmidt Karl A. director 600 HERITAGE RD. DE PERE WI 54115
Thompson Mary K officer: Chief Accounting Officer 2727 N CENTRAL AVE PHOENIX AZ 85004

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