VSE Historical PE Ratio
This VSEC historical PE ratio page, which was last updated 6/15/2026, presents historical price to earnings information for VSE under both the TTM method and
the annualized method, and presented in both tabular and graphical format for ease of study.
VSEC Historical PE Ratio Notes
— VSE Corporation (NASDAQ: VSEC) is a diversified provider of aftermarket distribution and repair services, primarily servicing the aviation, defense, and federal & commercial markets. The company's core businesses focus on supplying aircraft parts, maintenance, repair & overhaul (MRO), and logistics support for both government and commercial clients. This mix means that VSE's revenue is driven both by long-term government contracts, which tend to offer steady, predictable cash flows, and by commercial aviation cycles, which are more sensitive to economic fluctuations. When examining VSEC's historical P/E ratio, it’s crucial to consider how periods of strong government funding and growth in commercial air travel may have inflated investor expectations and thus stock price relative to earnings, resulting in higher P/E ratios. Conversely, during downturns in defense spending, supply chain disruptions, or commercial aviation slumps (such as during the COVID-19 pandemic), VSE’s earnings growth may have decelerated, causing the P/E ratio to contract as the market priced in higher risk or slower growth. Understanding these macro and industry-specific dynamics is key to interpreting VSEC’s historical price, earnings, and P/E ratio trends.
How should the VSEC historical PE ratio be determined?
Realizing that PE stands for Price to Earnings ratio, we need two values to compute it: stock price and earnings per share. The stock price at any given date is a known historical value, but what about the earnings number to use?
✔️Accepted answer:
There are a number of different approaches when it comes to calculating a historical PE ratio for a company like VSE. We like to take our measurements on each of the past quarterly earnings reports. That only leaves the question of whether the earnings number at that quarterly report should be used on an annualized basis, or some other method. We approach this question using three different methods, on this VSEC Historical PE Ratio page.
What is the average historical PE for VSEC based on annualized quarterly earnings?
As we look back through earnings history, what is the resulting PE calculation if at each measurement period we use that quarter's earnings result annualized?
✔️Accepted answer:
The VSEC historical PE ratio using the annualized quarterly earnings method works out to 18.1.
What is the average historical PE for VSEC based on trailing twelve month earnings?
As we look back through earnings history, what is the resulting PE calculation if at each measurement period we use the trailing twelve months combined earnings result in the calculation?
✔️Accepted answer:
The VSEC historical PE ratio using the TTM earnings method works out to 18.9.
What is the average historical PE for VSEC based on median TTM earnings?
As we look back through earnings history, what is the resulting PE calculation if at each measurement period we use the median earnings over the trailing twelve months and annualize that median result in the calculation?
✔️Accepted answer:
The VSEC historical PE ratio using the annualized median TTM earnings method works out to 4.28.
On this page we presented the
VSE Historical PE Ratio information for VSE' stock.
The average VSEC 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 18.1. Meanwhile, using the trailing twelve month (TTM) quarterly earnings result as our method of calculation the "E" value at each measurement period, the average VSEC historical PE based on this TTM earnings result method is 18.9.
Let's now compare this VSEC historical PE result, against the recent PE: when this page was posted on 6/12/2026, the most recent closing price for VSEC had been 196.13, and the most recent quarterly earnings result, annualized, was 4.68. Meanwhile, the most recent TTM earnings summed to 4.29. From these numbers, we calculate the recent VSEC PE on 6/12/2026 based on annualized quarterly EPS was 41.9. Based on VSEC's history, that recent PE is elevated relative to the historical average, with the recent PE 131.5% higher than the historical average PE across our data set for VSE. Looking at the recent VSEC PE on 6/12/2026 based on TTM EPS, we calculate the ratio at 45.7. Based on VSEC's history, that recent PE is elevated relative to the historical average, with the recent PE 141.8% higher than the historical average PE across our VSE data set with TTM EPS used in the calculation at each period.
Another interesting VSEC historical PE Ratio calculation we look at is to take the
median earnings per share of the last four quarters for VSEC, and then annualize the resulting value... with that annualized number then being used in the PE calculation. To walk through this math for VSEC, we start with the past four EPS numbers and we first sort them from lowest to highest: 0.97, 0.99, 1.16, and 1.17. We then toss out the highest and lowest result, and then take the average of those two middle numbers — 0.99 and 1.16 — which gives us the median of 1.07. Basically the way to think about this 1.07 number is this: for the trailing four earnings reports, 1.07 marks the "middle ground" number where VSEC has reported a value
higher than 1.07 half the time, and has reported a value
lower than 1.07 half the time. Annualizing that median value then gets us to 4.28/share, which we use as the denominator in our next PE calculation. With 196.13 as the numerator (as of 6/12/2026), the calculation is then 196.13 / 4.28 =
45.8 as the VSEC PE ratio as of 6/12/2026, based on that annualized median value we calculated.
For self directed investors doing their due diligence on VSEC or any other given stock, valuation analysis for VSEC
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
VSE 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 VSEC. Thanks for visiting, and the next
time you need to research
VSEC 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.