P/E ratio for Saia (SAIA)
P/E ratio as of April 2024 (TTM): 34.8
According to Saia 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 34.8024. At the end of 2022 the company had a P/E ratio of 15.5.
P/E ratio history for Saia from 2003 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 15.5 | -55.63% |
| 2021 | 35.0 | 2.7% |
| 2020 | 34.1 | 60.46% |
| 2019 | 21.3 | 55.01% |
| 2018 | 13.7 | -30.8% |
| 2017 | 19.8 | -14.26% |
| 2016 | 23.1 | 129.59% |
| 2015 | 10.1 | -61.63% |
| 2014 | 26.2 | 47.35% |
| 2013 | 17.8 | 55.57% |
| 2012 | 11.4 | -33.05% |
| 2011 | 17.1 | -87.63% |
| 2010 | 138 | -641.05% |
| 2009 | -25.6 | 267.04% |
| 2008 | -6.96 | -169.62% |
| 2007 | 10.00 | -161.18% |
| 2006 | -16.3 | -243.84% |
| 2005 | 11.4 | -37.97% |
| 2004 | 18.3 | 6.35% |
| 2003 | 17.2 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Old Dominion Freight Line
ODFL | 16.3 | -53.19% | 🇺🇸 USA |
 Forward Air FWRD | 5.41 | -84.46% | 🇺🇸 USA |
 ArcBest ARCB | 16.9 | -51.50% | 🇺🇸 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.