Ryder
R
#2565
Rank
$5.21 B
Marketcap
$118.92
Share price
-1.06%
Change (1 day)
43.92%
Change (1 year)

P/E ratio for Ryder (R)

P/E ratio as of June 2024 (TTM): 11.3

According to Ryder 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.2565. At the end of 2022 the company had a P/E ratio of 4.76.

P/E ratio history for Ryder from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20224.76-43.44%
20218.41-132.2%
2020-26.1-77.67%
2019-117-1394.81%
20189.0460.42%
20175.63-62.61%
201615.152.27%
20159.89-55.86%
201422.437.94%
201316.233.4%
201212.2-24.01%
201116.0-31.04%
201023.2-37.29%
200937.1236.64%
200811.0-0.24%
200711.0-11.61%
200612.58.35%
200511.5-19.2%
200414.3-13.15%
200316.411.21%
200214.8-79.34%
200171.5

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
21.2 88.49%๐Ÿ‡บ๐Ÿ‡ธ USA
16.0 42.28%๐Ÿ‡บ๐Ÿ‡ธ USA
6.26-44.40%๐Ÿ‡บ๐Ÿ‡ธ USA
20.4 81.24%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.