Is Rush Enterprises, Inc. overvalued or undervalued?

As of 24 October 2025, the valuation grade for Rush Enterprises, Inc. has moved from attractive to fair. The company appears to be fairly valued based on its current metrics. Key ratios include a P/E ratio of 14, a Price to Book Value of 1.85, and an EV to EBITDA of 7.71. In comparison to peers, AutoNation, Inc. has a higher P/E of 18.02, while Group 1 Automotive, Inc. also shows a strong P/E of 18.26, indicating that Rush Enterprises is trading at a discount relative to these competitors.
In terms of recent performance, Rush Enterprises has underperformed against the S&P 500, with a year-to-date return of -7.63% compared to the S&P's 15.47%. This trend of underperformance over multiple periods suggests that the market may not fully recognize the company's value at this time.