Expeditors
EXPD
#971
Rank
$16.80 B
Marketcap
$113.66
Share price
-0.30%
Change (1 day)
30.97%
Change (1 year)
Expeditors is an American logistics company offering air and sea freight transportation services.

P/E ratio for Expeditors (EXPD)

P/E ratio as of September 2023 (TTM): 16.9

According to Expeditors's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.9391. At the end of 2021 the company had a P/E ratio of 16.0.

P/E ratio history for Expeditors from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202116.0-30.25%
202023.01.88%
201922.517.56%
201819.2-19.06%
201723.76.04%
201622.320.4%
201518.6-19.7%
201423.1-11.2%
201326.04.64%
201224.910.53%
201122.5

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
13.1-22.49%๐Ÿ‡บ๐Ÿ‡ธ USA
19.3 13.72%๐Ÿ‡บ๐Ÿ‡ธ USA
16.8-0.99%๐Ÿ‡บ๐Ÿ‡ธ USA
7.96-53.02%๐Ÿ‡บ๐Ÿ‡ธ USA
9.42-44.36%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.