Old Dominion Freight Line
ODFL
#471
Rank
S$57.08 B
Marketcap
$266.40
Share price
-0.17%
Change (1 day)
0.39%
Change (1 year)
Old Dominion Freight Line, Inc. is an American transportation company. It offers regional, interregional and national LTL services.

P/E ratio for Old Dominion Freight Line (ODFL)

P/E ratio as of November 2024 (TTM): 17.8

According to Old Dominion Freight Line 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 17.8316. At the end of 2021 the company had a P/E ratio of 20.0.

P/E ratio history for Old Dominion Freight Line from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202120.017.35%
202017.137.91%
201912.448.27%
20188.34-28.45%
201711.7-3.21%
201612.045.64%
20158.27-33.93%
201412.513.37%
201311.026.53%
20128.735.33%
20118.29-29.7%
201011.8-28.18%
200916.4112.86%
20087.7128.16%
20076.02-2.49%
20066.17-34.53%
20059.43-13.05%
200410.88.79%
20039.9650.18%
20026.6449.74%
20014.43

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
13.1-26.65%๐Ÿ‡บ๐Ÿ‡ธ USA
24.2 35.62%๐Ÿ‡บ๐Ÿ‡ธ USA
16.0-10.17%๐Ÿ‡บ๐Ÿ‡ธ USA
22.7 27.32%๐Ÿ‡บ๐Ÿ‡ธ USA
34.4 92.95%๐Ÿ‡บ๐Ÿ‡ธ USA
38.4 115.10%๐Ÿ‡บ๐Ÿ‡ธ USA
16.7-6.34%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.