P/E ratio for Ryder (R)
P/E ratio as of April 2024 (TTM): 11.4
According to Ryder 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.4438. 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 |
|---|---|---|
| 2022 | 4.76 | -43.44% |
| 2021 | 8.41 | -132.2% |
| 2020 | -26.1 | -77.67% |
| 2019 | -117 | -1394.81% |
| 2018 | 9.04 | 60.42% |
| 2017 | 5.63 | -62.61% |
| 2016 | 15.1 | 52.27% |
| 2015 | 9.89 | -55.86% |
| 2014 | 22.4 | 37.94% |
| 2013 | 16.2 | 33.4% |
| 2012 | 12.2 | -24.01% |
| 2011 | 16.0 | -31.04% |
| 2010 | 23.2 | -37.29% |
| 2009 | 37.1 | 236.64% |
| 2008 | 11.0 | -0.24% |
| 2007 | 11.0 | -11.61% |
| 2006 | 12.5 | 8.35% |
| 2005 | 11.5 | -19.2% |
| 2004 | 14.3 | -13.15% |
| 2003 | 16.4 | 11.21% |
| 2002 | 14.8 | -79.34% |
| 2001 | 71.5 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 J. B. Hunt
JBHT | 22.0 | 92.06% | 🇺🇸 USA |
 Amerco UHAL | 16.0 | 39.82% | 🇺🇸 USA |
 Hub Group
HUBG | 5.90 | -48.46% | 🇺🇸 USA |
 Knight-Swift
KNX | 20.7 | 81.15% | 🇺🇸 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.