P/E ratio for Ryder (R)
P/E ratio as of September 2023 (TTM): 8.91
According to Ryder 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.91427. At the end of 2021 the company had a P/E ratio of 8.51.
P/E ratio history for Ryder from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 8.51 | -131.37% |
| 2020 | -27.1 | -77.95% |
| 2019 | -123 | -1421.5% |
| 2018 | 9.31 | 65.21% |
| 2017 | 5.64 | -62.57% |
| 2016 | 15.1 | 51.8% |
| 2015 | 9.92 | -55.82% |
| 2014 | 22.5 | 38.25% |
| 2013 | 16.2 | 33.4% |
| 2012 | 12.2 | -24.01% |
| 2011 | 16.0 | -31.04% |
| 2010 | 23.2 | -37.29% |
| 2009 | 37.1 | 237.6% |
| 2008 | 11.0 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 J. B. Hunt
JBHT | 22.5 | 152.38% | 🇺🇸 USA |
 Amerco UHAL | 13.8 | 54.53% | 🇺🇸 USA |
 Hub Group
HUBG | 9.41 | 5.57% | 🇺🇸 USA |
 Knight-Swift
KNX | 15.7 | 75.61% | 🇺🇸 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.