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 July 2025 (TTM): 21.5
According to American Express's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 21.516. At the end of 2024 the company had a P/E ratio of 21.1.
P/E ratio history for American Express from 2001 to 2025
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2024 | 21.1 | 26.72% |
| 2023 | 16.7 | 11.21% |
| 2022 | 15.0 | -8.22% |
| 2021 | 16.3 | -49.04% |
| 2020 | 32.1 | 106.36% |
| 2019 | 15.5 | 29.3% |
| 2018 | 12.0 | -64.78% |
| 2017 | 34.1 | 160.28% |
| 2016 | 13.1 | -4.8% |
| 2015 | 13.8 | -17.25% |
| 2014 | 16.6 | -9.93% |
| 2013 | 18.5 | 25.38% |
| 2012 | 14.7 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Mastercard MA | 39.4 | 83.22% | 🇺🇸 USA |
 Visa V | 35.4 | 64.42% | 🇺🇸 USA |
 Citigroup C | 14.7 | -31.69% | 🇺🇸 USA |
 Green Dot GDOT | -80.8 | -475.75% | 🇺🇸 USA |
 eBay EBAY | 18.4 | -14.56% | 🇺🇸 USA |
 Discover Financial Services DFS | 10.7 | -50.33% | 🇺🇸 USA |
 Bank of America BAC | 14.1 | -34.26% | 🇺🇸 USA |
 Capital One COF | 17.9 | -16.77% | 🇺🇸 USA |
 JPMorgan Chase JPM | 14.6 | -32.36% | 🇺🇸 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.