Ryder
R
#2499
Rank
$4.86 B
Marketcap
$106.95
Share price
0.39%
Change (1 day)
38.86%
Change (1 year)

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
20218.51-131.37%
2020-27.1-77.95%
2019-123-1421.5%
20189.3165.21%
20175.64-62.57%
201615.151.8%
20159.92-55.82%
201422.538.25%
201316.233.4%
201212.2-24.01%
201116.0-31.04%
201023.2-37.29%
200937.1237.6%
200811.0

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
22.5 152.38%๐Ÿ‡บ๐Ÿ‡ธ USA
13.8 54.53%๐Ÿ‡บ๐Ÿ‡ธ USA
9.41 5.57%๐Ÿ‡บ๐Ÿ‡ธ USA
15.7 75.61%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.