American Express
AXP
#75
Rank
$172.69 B
Marketcap
$240.09
Share price
-1.23%
Change (1 day)
54.39%
Change (1 year)

The American Express Company, often abbreviated Amex, AmEx, AX or Amexco, is a global provider of financial services based in New York City, USA. The company is best known for its charge card, credit card, and traveler's cheque businesses.

P/E ratio for American Express (AXP)

P/E ratio as of May 2024 (TTM): 22.8

According to American Express's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 22.7603. At the end of 2022 the company had a P/E ratio of 15.0.

P/E ratio history for American Express from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202215.0-8.22%
202116.3-49.04%
202032.1106.36%
201915.529.3%
201812.0-64.78%
201734.1160.28%
201613.1-4.8%
201513.8-17.25%
201416.6-9.93%
201318.525.38%
201214.729.67%
201111.4-10.88%
201012.8-51.53%
200926.3229.07%
20088.00-47.74%
200715.3-22.83%
200619.816.74%
200517.0-6.03%
200418.1-0.68%
200318.219.38%
200215.2-51.7%
200131.6

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
33.2 46.07%๐Ÿ‡บ๐Ÿ‡ธ USA
39.9 75.10%๐Ÿ‡บ๐Ÿ‡ธ USA
11.0-51.47%๐Ÿ‡บ๐Ÿ‡ธ USA
10.5-53.75%๐Ÿ‡บ๐Ÿ‡ธ USA
9.29-59.20%๐Ÿ‡บ๐Ÿ‡ธ USA
21.0-7.95%๐Ÿ‡บ๐Ÿ‡ธ USA
11.9-47.76%๐Ÿ‡บ๐Ÿ‡ธ USA
9.42-58.63%๐Ÿ‡บ๐Ÿ‡ธ USA
10.8-52.35%๐Ÿ‡บ๐Ÿ‡ธ USA

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.