HRB Historical PE Ratio Notes

— H&R Block (HRB) is a well-established provider of tax preparation services, offering expertise to individuals, small businesses, & underserved segments through both more than 10,000 retail locations and digital products. Its core business model focuses on helping clients navigate complex tax requirements for a fee, with revenue concentrated heavily in the tax season—typically the first few months of each year. This seasonality causes fluctuations in earnings quarter to quarter, which investors can see reflected in HRB's historical price-to-earnings (PE) ratio. Since the company's revenues & earnings are highly predictable but concentrated, the stock market has historically assigned HRB a lower or stable PE ratio compared to high-growth technology companies, reflecting both its dependable cash generation and limited long-term growth prospects. Changes in tax law, technological disruptions from online-only competitors, & economic downturns can all affect HRB's earnings outlook, causing the PE ratio to adjust as investors reassess future profitability. Therefore, when studying historical PE data, it is important to note the context of tax policy changes, competitive pressures, and any macroeconomic or technology-driven shifts influencing investor expectations for H&R Block.

On this page we presented the HRB Historical PE Ratio information for H&R Block' stock. The average HRB historical PE based on using the annualized quarterly earnings result at each measurement period (for the "E" in the PE calculation; and the closing price on earnings date as the "P") is 3.1. Meanwhile, using the trailing twelve month (TTM) quarterly earnings result as our method of calculation the "E" value at each measurement period, the average HRB historical PE based on this TTM earnings result method is 13.6. Note: any PE calculations involving negative earnings were discarded as not meaningful.

Let's now compare this HRB historical PE result, against the recent PE: when this page was posted on 8/11/2026, the most recent closing price for HRB had been 46.67, and the most recent quarterly earnings result, annualized, was 9.52. Meanwhile, the most recent TTM earnings summed to 5.36. From these numbers, we calculate the recent HRB PE on 8/11/2026 based on annualized quarterly EPS was 4.9. Based on HRB's history, that recent PE is elevated relative to the historical average, with the recent PE 58.1% higher than the historical average PE across our data set for H&R Block. Looking at the recent HRB PE on 8/11/2026 based on TTM EPS, we calculate the ratio at 8.7. Based on HRB's history, that recent PE is low relative to the historical average, with the recent PE 36.0% lower than the average PE across our H&R Block data set with TTM EPS used in the calculation at each period.

Another interesting HRB historical PE Ratio calculation we look at is to take the median earnings per share of the last four quarters for HRB, and then annualize the resulting value... with that annualized number then being used in the PE calculation. To walk through this math for HRB, we start with the past four EPS numbers and we first sort them from lowest to highest: -1.84, -1.20, 2.38, and 6.02. We then toss out the highest and lowest result, and then take the average of those two middle numbers — -1.20 and 2.38 — which gives us the median of 0.59. Basically the way to think about this 0.59 number is this: for the trailing four earnings reports, 0.59 marks the "middle ground" number where HRB has reported a value higher than 0.59 half the time, and has reported a value lower than 0.59 half the time. Annualizing that median value then gets us to 2.36/share, which we use as the denominator in our next PE calculation. With 46.67 as the numerator (as of 8/11/2026), the calculation is then 46.67 / 2.36 = 19.8 as the HRB PE ratio as of 8/11/2026, based on that annualized median value we calculated.

For self directed investors doing their due diligence on HRB or any other given stock, valuation analysis for HRB can greatly benefit from studying the past earnings and resulting PE calculations. This exercise can help inform an analysis as to whether the past earnings trajectory and current versus historical PE ratios justify the current stock value.

That's why we bring you HistoricalPERatio.com to make it easy for investors to investigate H&R Block PE history or the past PE information for any stock in our coverage universe. And in your continued research we hope you will be sure to check out the further links included for earnings surprises history (beat/miss data) as well as next earnings dates for HRB. Thanks for visiting, and the next time you need to research HRB Historical PE Ratio or the ratio for another stock, we hope you'll think of our site, as your go-to historical PE ratio research resource of choice.