P/E ratio for Knight-Swift (KNX)
P/E ratio as of April 2024 (TTM): 20.5
According to Knight-Swift 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 20.4615. 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 |
|---|---|---|
| 2022 | 11.0 | -19.25% |
| 2021 | 13.7 | -20.93% |
| 2020 | 17.3 | -12.73% |
| 2019 | 19.8 | 87.19% |
| 2018 | 10.6 | -28.14% |
| 2017 | 14.7 | -32.2% |
| 2016 | 21.7 | 77.97% |
| 2015 | 12.2 | -36.07% |
| 2014 | 19.1 | 25.73% |
| 2013 | 15.2 | 15.27% |
| 2012 | 13.2 | -12.3% |
| 2011 | 15.0 | -22.07% |
| 2010 | 19.3 | -15.38% |
| 2009 | 22.8 | 29.47% |
| 2008 | 17.6 | 20.39% |
| 2007 | 14.6 | -0.05% |
| 2006 | 14.6 | -29.5% |
| 2005 | 20.7 | -0.74% |
| 2004 | 20.9 | -2.75% |
| 2003 | 21.5 | -35% |
| 2002 | 33.0 | 24.07% |
| 2001 | 26.6 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Werner Enterprises
WERN | 15.0 | -26.76% | 🇺🇸 USA |
 Marten Transport MRTN | 15.5 | -24.22% | 🇺🇸 USA |
 Heartland Express HTLD | 31.8 | 55.17% | 🇺🇸 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.