P/E ratio for Expeditors (EXPD)
P/E ratio as of April 2024 (TTM): 16.8
According to Expeditors's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.7712. At the end of 2022 the company had a P/E ratio of 12.5.
P/E ratio history for Expeditors from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 12.5 | -21.96% |
| 2021 | 16.0 | -30.25% |
| 2020 | 23.0 | 1.88% |
| 2019 | 22.5 | 17.56% |
| 2018 | 19.2 | -19.06% |
| 2017 | 23.7 | 6.04% |
| 2016 | 22.3 | 20.4% |
| 2015 | 18.6 | -19.7% |
| 2014 | 23.1 | -11.2% |
| 2013 | 26.0 | 4.64% |
| 2012 | 24.9 | 10.53% |
| 2011 | 22.5 | -33.23% |
| 2010 | 33.7 | 8.57% |
| 2009 | 31.0 | 30.64% |
| 2008 | 23.8 | -32.45% |
| 2007 | 35.2 | -4.45% |
| 2006 | 36.8 | -2.38% |
| 2005 | 37.7 | -17.66% |
| 2004 | 45.8 | 14.33% |
| 2003 | 40.1 | -24.08% |
| 2002 | 52.8 | 8.21% |
| 2001 | 48.8 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 United Parcel Service UPS | 12.7 | -24.44% | 🇺🇸 USA |
 C. H. Robinson CHRW | 21.6 | 28.57% | 🇺🇸 USA |
 FedEx FDX | 16.1 | -3.82% | 🇺🇸 USA |
 Radiant Logistics
RLGT | 11.5 | -31.64% | 🇺🇸 USA |
 Hub Group
HUBG | 5.90 | -64.83% | 🇺🇸 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.