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AXP American Express PE ratio, current and historical analysis

The PE ratio for American Express stock stands at 18.49 as of Jun 14, 2024. This takes into account the latest EPS of $12.16 and stock price of $224.82. An increase of 10% has been observed in the PE ratio compared to its average of 16.8 of the last four quarters.

AXP PE ratio history

How has AXP's PE ratio performed in the past

Over the last ten years, the average PE ratio of American Express has been 17.34. The current 18.49 P/E ratio is 7% 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.

Average
17.34
Median
16.24
Minimum
10.64
Maximum
33.1

American Express PE ratio by year

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%

AXP average PE ratio chart

What is the average PE ratio of AXP for the past years

The current PE ratio of AXP is higher than its 3, 5 and 10-year averages.

3-year avg
16.55
5-year avg
17.82
10-year avg
17.34
15-year avg
17.02

AXP PE vs peers

What is AXP's PE ratio compared to its peers

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 (18.49) than its peers average of 16.15.

Stock name PE ratio Market cap
COF Capital One Financial Corp 10.45 $51.06B
JPM Jpmorgan Chase & Co 11.68 $556.47B
BAC Bank Of America Corp 13.44 $306.87B
DFS Discover Financial Services 13.86 $30.57B
C Citigroup Inc 17.2 $113.17B
AXP American Express Co 18.49 $161.71B
V Visa Inc 30.28 $544.03B
MA Mastercard Inc 35.23 $413.33B

Frequently asked questions

What is American Express's PE ratio?

As of Jun 14, 2024, AXP stock has a price to earnings ratio of 18.49.

What is the 3-year average PE ratio for American Express (AXP)?

The 3-year average price to earnings ratio for AXP stock is 16.55.

What is the 5-year average PE ratio for American Express (AXP)?

The 5-year average price to earnings ratio for AXP stock is 17.82.

What is the highest PE ratio for AXP?

Over the last ten years, the quarterly PE ratio reached its highest level at 33.1 in the Dec 2017 quarter.

How does the current PE ratio for AXP compare to its historical average?

AXP's price to earnings ratio is currently 7% above its 10-year historical average.

How is AXP's PE ratio calculated (American Express PE ratio formula)?

You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Jun 14, 2024), American Express's share price is $224.82. 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 18.49. PE RATIO(18.49) = STOCK PRICE($224.82) / TTM EPS($12.16)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.