P/E ratio for U.S. Xpress Enterprises (USX)
P/E ratio as of April 2024 (TTM): -5.43
According to U.S. Xpress Enterprises 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -5.43363. At the end of 2022 the company had a P/E ratio of -2.29.
P/E ratio history for U.S. Xpress Enterprises from 2018 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -2.29 | -108.59% |
| 2021 | 26.7 | 44.33% |
| 2020 | 18.5 | -129.4% |
| 2019 | -62.9 | -873.33% |
| 2018 | 8.13 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Schneider SNDR | 11.6 | -314.24% | 🇺🇸 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.