AXP American Express PE ratio, current and historical analysis
The PE ratio for American Express stock stands at 18.14 as of Apr 23, 2025. This takes into account the latest EPS of $14.34 and stock price of $260.14. A decrease of 6% has been observed in the PE ratio compared to its average of 19.3 of the last four quarters.
AXP PE ratio history
Over the last ten years, the average PE ratio of American Express has been 17.66. The current 18.14 P/E ratio is 2.7% 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.
American Express PE ratio by year
Maximum annual increase: 151.52% in 2017
Maximum annual decrease: -63.69% in 2018
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2024 | 21.14 | 26.74% | $296.79 | $14.04 |
| 2023 | 16.68 | 11.35% | $187.34 | $11.23 |
| 2022 | 14.98 | -8.04% | $147.75 | $9.86 |
| 2021 | 16.29 | -49.2% | $163.6 | $10.04 |
| 2020 | 32.07 | 106.11% | $120.91 | $3.77 |
| 2019 | 15.56 | 29.45% | $124.49 | $8 |
| 2018 | 12.02 | -63.69% | $95.32 | $7.93 |
| 2017 | 33.1 | 151.52% | $99.31 | $3 |
| 2016 | 13.16 | -4.08% | $74.08 | $5.63 |
| 2015 | 13.72 | -17.7% | $69.55 | $5.07 |
| 2014 | 16.67 | -9.79% | $93.04 | $5.58 |
| 2013 | 18.48 | 25.71% | $90.73 | $4.91 |
| 2012 | 14.7 | 29.06% | $57.48 | $3.91 |
| 2011 | 11.39 | -10.6% | $47.17 | $4.14 |
| 2010 | 12.74 | -51.58% | $42.92 | $3.37 |
American Express PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2025 | 18.76 | -11.26% | $269.05 | $14.34 |
| Dec 2024 | 21.14 | 6.23% | $296.79 | $14.04 |
| Sep 2024 | 19.9 | 15.43% | $271.2 | $13.63 |
| Jun 2024 | 17.24 | -7.91% | $231.55 | $13.43 |
| Mar 2024 | 18.72 | 12.23% | $227.69 | $12.16 |
| Dec 2023 | 16.68 | 19.48% | $187.34 | $11.23 |
| Sep 2023 | 13.96 | -21% | $149.19 | $10.69 |
| Jun 2023 | 17.67 | 2.2% | $174.2 | $9.86 |
| Mar 2023 | 17.29 | 15.42% | $164.95 | $9.54 |
| Dec 2022 | 14.98 | 10.96% | $147.75 | $9.86 |
| Sep 2022 | 13.5 | -4.66% | $134.91 | $9.99 |
| Jun 2022 | 14.16 | -24.03% | $138.62 | $9.79 |
| Mar 2022 | 18.64 | 14.43% | $187 | $10.03 |
| Dec 2021 | 16.29 | -6.86% | $163.6 | $10.04 |
| Sep 2021 | 17.49 | -8.76% | $167.53 | $9.58 |
AXP average PE ratio chart
The current PE ratio of AXP is higher than its 3 and 10-year averages, but it is lower than its 5-year average.
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 (18.14) than its peers average of 12.07.
| Stock name | PE ratio | Market cap |
|---|---|---|
| DFS Discover Financial Services | 10.47 | $46.69B |
| C Citigroup Inc | 11.18 | $127.01B |
| BAC Bank Of America Corp | 12.08 | $298.6B |
| JPM Jpmorgan Chase & Co | 12.25 | $677.89B |
| COF Capital One Financial Corp | 15.71 | $69.55B |
| AXP American Express Co | 18.5 | $185.85B |
| V Visa Inc | 33.76 | $631.58B |
| MA Mastercard Inc | 38.21 | $484.53B |
Frequently asked questions
What is American Express's PE ratio?
As of Apr 23, 2025, AXP stock has a price to earnings ratio of 18.14.
What is the 3-year average PE ratio for American Express (AXP)?
The 3-year average price to earnings ratio for AXP stock is 17.0.
What is the 5-year average PE ratio for American Express (AXP)?
The 5-year average price to earnings ratio for AXP stock is 18.77.
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 2.7% 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 (Apr 23, 2025), American Express's share price is $260.14. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2025 is $14.34. Therefore, American Express's PE ratio for today is 18.14. PE RATIO(18.14) = STOCK PRICE($260.14) / TTM EPS($14.34)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.