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McGrath Rent Stock

McGrath Rent P/E 2024

McGrath Rent P/E

23.47

Ticker

MGRC

ISIN

US5805891091

WKN

919322

As of Aug 26, 2024, McGrath Rent's P/E ratio was 23.47, a 87.31% change from the 12.53 P/E ratio recorded in the previous year.

The McGrath Rent P/E history

McGrath Rent Aktienanalyse

What does McGrath Rent do?

McGrath RentCorp is an American company specializing in the rental of mobile offices, storage units, modular space, and sanitary technology for industrial and commercial use. It has three main subsidiaries, Mobile Modular, TRS-RenTelco, and Adler Tank Rentals, which cater to different niche segments. McGrath RentCorp is a leading provider in the industry with over 100 locations in the US and Canada. Its business model revolves around providing fast, efficient, and cost-effective rental solutions for construction companies, government agencies, schools, oil and gas companies, and industrial and commercial businesses. The company offers a wide range of products including mobile offices, classrooms, medical facilities, sanitary units, modular buildings, and large tanks for fluid and solid storage. McGrath RentCorp also operates internationally with locations in Canada, Guam, and the Philippines. McGrath Rent ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering McGrath Rent's P/E Ratio

The Price to Earnings (P/E) Ratio of McGrath Rent is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.

Year-to-Year Comparison

Assessing McGrath Rent's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.

Impact on Investments

The P/E ratio of McGrath Rent is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.

Interpreting P/E Ratio Fluctuations

Fluctuations in McGrath Rent’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.

Frequently Asked Questions about McGrath Rent stock

What is the price-to-earnings ratio of McGrath Rent?

The price-earnings ratio of McGrath Rent is currently 23.47.

How has the price-earnings ratio of McGrath Rent changed compared to last year?

The price-to-earnings ratio of McGrath Rent has increased by 87.31% increased compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of McGrath Rent high compared to other companies?

Yes, the price-to-earnings ratio of McGrath Rent is high compared to other companies.

How does an increase in the price-earnings ratio of McGrath Rent affect the company?

An increase in the price-earnings ratio of McGrath Rent would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of McGrath Rent affect the company?

A decrease in the price-earnings ratio of McGrath Rent would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of McGrath Rent?

Some factors that influence the price-earnings ratio of McGrath Rent are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does McGrath Rent pay?

Over the past 12 months, McGrath Rent paid a dividend of 2.32 USD . This corresponds to a dividend yield of about 2.12 %. For the coming 12 months, McGrath Rent is expected to pay a dividend of 2.49 USD.

What is the dividend yield of McGrath Rent?

The current dividend yield of McGrath Rent is 2.12 %.

When does McGrath Rent pay dividends?

McGrath Rent pays a quarterly dividend. This is distributed in the months of November, February, May, August.

How secure is the dividend of McGrath Rent?

McGrath Rent paid dividends every year for the past 33 years.

What is the dividend of McGrath Rent?

For the upcoming 12 months, dividends amounting to 2.49 USD are expected. This corresponds to a dividend yield of 2.28 %.

In which sector is McGrath Rent located?

McGrath Rent is assigned to the 'Industry' sector.

Wann musste ich die Aktien von McGrath Rent kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of McGrath Rent from 7/31/2024 amounting to 0.475 USD, you needed to have the stock in your portfolio before the ex-date on 7/17/2024.

When did McGrath Rent pay the last dividend?

The last dividend was paid out on 7/31/2024.

What was the dividend of McGrath Rent in the year 2023?

In the year 2023, McGrath Rent distributed 2.235 USD as dividends.

In which currency does McGrath Rent pay out the dividend?

The dividends of McGrath Rent are distributed in USD.

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Andere Kennzahlen von McGrath Rent

Our stock analysis for McGrath Rent Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of McGrath Rent Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.