American Express
AXP
#115
Rank
$112.73 B
Marketcap
$150.87
Share price
-2.13%
Change (1 day)
-3.79%
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 November 2022 (TTM): 15.1

According to American Express's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 15.1476. At the end of 2021 the company had a P/E ratio of 16.3.

P/E ratio history for American Express from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
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%
201214.7

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
30.2 99.24%๐Ÿ‡บ๐Ÿ‡ธ USA
34.3 126.58%๐Ÿ‡บ๐Ÿ‡ธ USA
11.6-23.24%๐Ÿ‡บ๐Ÿ‡ธ USA
4.91-67.57%๐Ÿ‡บ๐Ÿ‡ธ USA
6.95-54.11%๐Ÿ‡บ๐Ÿ‡ธ USA
-403-2,760.49%๐Ÿ‡บ๐Ÿ‡ธ USA
11.3-25.28%๐Ÿ‡บ๐Ÿ‡ธ USA
6.32-58.25%๐Ÿ‡บ๐Ÿ‡ธ USA
20.9 37.77%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.