P/E ratio for FedEx (FDX)
P/E ratio as of May 2023 (TTM): 19.2
According to FedEx's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 19.2156. At the end of 2021 the company had a P/E ratio of 14.1.
P/E ratio history for FedEx from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 14.1 | -49.44% |
| 2020 | 27.9 | -94.74% |
| 2019 | 529 | 5967.4% |
| 2018 | 8.72 | -61.72% |
| 2017 | 22.8 | -16.42% |
| 2016 | 27.3 | -31.49% |
| 2015 | 39.8 | 85.02% |
| 2014 | 21.5 | -22.1% |
| 2013 | 27.6 | |
| 2011 | 15.1 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Expeditors EXPD | 15.0 | -21.99% | 🇺🇸 USA |
 United Parcel Service UPS | 13.8 | -28.06% | 🇺🇸 USA |
 C. H. Robinson CHRW | 15.5 | -19.41% | 🇺🇸 USA |
 Air Transport Services Group ATSG | 7.64 | -60.26% | 🇺🇸 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.