Knight-Swift
KNX
#1563
Rank
$9.49 B
Marketcap
$59.10
Share price
2.91%
Change (1 day)
4.45%
Change (1 year)
Knight-Swift Transportation Holdings Inc. is an American, truckload motor shipping carrier based in Phoenix, Arizona.

P/E ratio for Knight-Swift (KNX)

P/E ratio as of February 2023 (TTM): 11.0

According to Knight-Swift 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.0467. At the end of 2021 the company had a P/E ratio of 13.7.

P/E ratio history for Knight-Swift from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202113.7-20.93%
202017.3-12.73%
201919.887.19%
201810.6-24.28%
201714.0-31.9%
201620.568.15%
201512.2-36.07%
201419.125.73%
201315.215.27%
201213.2-12.3%
201115.0

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
11.7 5.75%๐Ÿ‡บ๐Ÿ‡ธ USA
16.5 49.23%๐Ÿ‡บ๐Ÿ‡ธ USA
9.61-12.99%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.