Knight-Swift
KNX
#1959
Rank
$8.04 B
Marketcap
$49.78
Share price
-2.68%
Change (1 day)
-10.00%
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 July 2024 (TTM): 21.3

According to Knight-Swift 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 21.2735. At the end of 2022 the company had a P/E ratio of 11.0.

P/E ratio history for Knight-Swift from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202211.0-19.25%
202113.7-20.93%
202017.3-12.73%
201919.887.19%
201810.6-28.14%
201714.7-32.2%
201621.777.97%
201512.2-36.07%
201419.125.73%
201315.215.27%
201213.2-12.3%
201115.0-22.07%
201019.3-15.38%
200922.829.47%
200817.620.39%
200714.6-0.05%
200614.6-29.5%
200520.7-0.74%
200420.9-2.75%
200321.5-35%
200233.024.07%
200126.6

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
39.8 87.15%๐Ÿ‡บ๐Ÿ‡ธ USA
15.6-26.86%๐Ÿ‡บ๐Ÿ‡ธ USA
17.4-18.26%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.