AXP American Express PE ratio, current and historical analysis
The PE ratio for American Express stock stands at 21.5 as of Nov 21, 2024. This takes into account the latest EPS of $13.63 and stock price of $293. An increase of 19% has been observed in the PE ratio compared to its average of 18.1 of the last four quarters.
AXP PE ratio history
Over the last ten years, the average PE ratio of American Express has been 17.42. The current 21.5 P/E ratio is 23% 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.
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
The current PE ratio of AXP is higher than its 3, 5 and 10-year averages.
AXP PE vs 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 (21.5) than its peers average of 19.04.
| Stock name | PE ratio | Market cap |
|---|---|---|
| JPM Jpmorgan Chase & Co | 13.59 | $689.08B |
| DFS Discover Financial Services | 15.45 | $43.91B |
| BAC Bank Of America Corp | 16.71 | $356.48B |
| COF Capital One Financial Corp | 17.2 | $69.68B |
| C Citigroup Inc | 19.48 | $130.4B |
| AXP American Express Co | 21.5 | $206.4B |
| V Visa Inc | 31.82 | $585.96B |
| MA Mastercard Inc | 38.85 | $472.77B |
Frequently asked questions
What is American Express's PE ratio?
As of Nov 21, 2024, AXP stock has a price to earnings ratio of 21.5.
What is the 3-year average PE ratio for American Express (AXP)?
The 3-year average price to earnings ratio for AXP stock is 16.59.
What is the 5-year average PE ratio for American Express (AXP)?
The 5-year average price to earnings ratio for AXP stock is 18.2.
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 23% 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 (Nov 21, 2024), American Express's share price is $293. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $13.63. Therefore, American Express's PE ratio for today is 21.5. PE RATIO(21.5) = STOCK PRICE($293) / TTM EPS($13.63)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.