The PE ratio for American Express stock stands at 19.38 as of Apr 26, 2024. This takes into account the latest EPS of $12.16 and stock price of $235.64. An increase of 16% has been observed in the PE ratio compared to its average of 16.8 of the last four quarters.
Over the last ten years, the average PE ratio of American Express has been 17.34. The current 19.38 P/E ratio is 12% higher than the historical average. Looking back at the last ten years, AXP's PE ratio peaked in the Dec 2017 quarter at 33.1, with a price of $99.31 and an EPS of $3. The Jun 2016 quarter marked the lowest point at 10.64, with a price of $60.76 and an EPS of $5.71.
Maximum annual increase: 151.52% in 2017
Maximum annual decrease: -63.69% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 16.68 | 11.35% |
| 2022 | 14.98 | -8.04% |
| 2021 | 16.29 | -49.2% |
| 2020 | 32.07 | 106.11% |
| 2019 | 15.56 | 29.45% |
| 2018 | 12.02 | -63.69% |
| 2017 | 33.1 | 151.52% |
| 2016 | 13.16 | -4.08% |
| 2015 | 13.72 | -17.7% |
| 2014 | 16.67 | -9.79% |
The current PE ratio of AXP is higher than its 3, 5 and 10-year averages.
In comparison to its peers V and MA, AXP's PE ratio is lower, but it is higher than JPM's and BAC's. American Express is currently trading at a higher PE ratio (19.38) than its peers average of 15.63.
| Stock name | PE ratio | Market cap |
|---|---|---|
| DFS Discover Financial Services | 11.33 | $32B |
| JPM Jpmorgan Chase & Co | 11.91 | $557.32B |
| COF Capital One Financial Corp | 12.2 | $55.59B |
| BAC Bank Of America Corp | 12.2 | $297.82B |
| C Citigroup Inc | 15.4 | $119.77B |
| AXP American Express Co | 19.38 | $169.5B |
| V Visa Inc | 30.71 | $551.79B |
| MA Mastercard Inc | 38.99 | $431.39B |
As of Apr 26, 2024, AXP stock has a price to earnings ratio of 19.38.
The 3-year average price to earnings ratio for AXP stock is 16.55.
The 5-year average price to earnings ratio for AXP stock is 17.82.
Over the last ten years, the quarterly PE ratio reached its highest level at 33.1 in the Dec 2017 quarter.
AXP's price to earnings ratio is currently 12% above its 10-year historical average.
You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Apr 26, 2024), American Express's share price is $235.64. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $12.16. Therefore, American Express's PE ratio for today is 19.38. PE RATIO(19.38) = STOCK PRICE($235.64) / TTM EPS($12.16)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.