P/E ratio for FedEx (FDX)
P/E ratio as of April 2024 (TTM): 15.9
According to FedEx's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 15.9482. At the end of 2022 the company had a P/E ratio of 13.5.
P/E ratio history for FedEx from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 13.5 | -4.37% |
| 2021 | 14.1 | -49.43% |
| 2020 | 27.9 | -94.65% |
| 2019 | 521 | 5931.66% |
| 2018 | 8.63 | -61.87% |
| 2017 | 22.6 | -15.91% |
| 2016 | 26.9 | -28.43% |
| 2015 | 37.6 | 82.54% |
| 2014 | 20.6 | -25.23% |
| 2013 | 27.6 | 88.08% |
| 2012 | 14.7 | -3.15% |
| 2011 | 15.1 | -31.53% |
| 2010 | 22.1 | -121.97% |
| 2009 | -101 | -620.34% |
| 2008 | 19.3 | 40.85% |
| 2007 | 13.7 | -18.03% |
| 2006 | 16.7 | -15.82% |
| 2005 | 19.9 | -12.39% |
| 2004 | 22.7 | -27.04% |
| 2003 | 31.1 | 45.72% |
| 2002 | 21.3 | -20.18% |
| 2001 | 26.7 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Expeditors EXPD | 17.0 | 6.53% | 🇺🇸 USA |
 United Parcel Service UPS | 12.3 | -22.91% | 🇺🇸 USA |
 C. H. Robinson CHRW | 20.9 | 31.14% | 🇺🇸 USA |
 Air Transport Services Group ATSG | 5.96 | -62.65% | 🇺🇸 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.