AXP currently shows a PEG ratio reading of 1.29 as of Aug 25, 2026. This result reflects a P/E ratio of 20.34 measured against EPS growth of 15.8%. When benchmarked against the trailing 4-quarter average of 1.93, AXP's PEG ratio reflects a 33% decrease.
A ten years lookback reveals an average PEG ratio of 2.73 for American Express. Compared to historical data, AXP's 1.29 PEG ratio represents a decrease of 53%. AXP hit its maximum PEG ratio of 25.24 during the Jun 2023 quarter over the last ten years. The Dec 2018 quarter marked the lowest reading at 0.07, indicating the most attractive growth-adjusted valuation.
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| 2025 | 2.45 | 24.01 | 9.8% |
| 2024 | 0.85 | 21.14 | 25% |
| 2023 | 1.2 | 16.68 | 13.9% |
| 2022 | N/A | 14.98 | -1.8% |
| 2021 | 0.1 | 16.29 | 166.3% |
| 2020 | N/A | 32.07 | -52.9% |
| 2019 | 17.29 | 15.56 | 0.9% |
| 2018 | 0.07 | 12.02 | 164.3% |
| 2017 | N/A | 33.1 | -46.7% |
| 2016 | 1.2 | 13.16 | 11% |
| 2015 | N/A | 13.72 | -9.1% |
| 2014 | 1.23 | 16.67 | 13.6% |
| 2013 | 0.72 | 18.48 | 25.6% |
| 2012 | N/A | 14.7 | -5.6% |
| 2011 | 0.5 | 11.39 | 22.8% |
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| Jun 2026 | 1.3 | 20.48 | 15.8% |
| Mar 2026 | 1.57 | 18.83 | 12% |
| Dec 2025 | 2.45 | 24.01 | 9.8% |
| Sep 2025 | 2.4 | 22.29 | 9.3% |
| Jun 2025 | 3.61 | 22.37 | 6.2% |
| Mar 2025 | 1.05 | 18.76 | 17.9% |
| Dec 2024 | 0.85 | 21.14 | 25% |
| Sep 2024 | 0.72 | 19.9 | 27.5% |
| Jun 2024 | 0.48 | 17.24 | 36.2% |
| Mar 2024 | 0.68 | 18.72 | 27.5% |
| Dec 2023 | 1.2 | 16.68 | 13.9% |
| Sep 2023 | 1.99 | 13.96 | 7% |
| Jun 2023 | 25.24 | 17.67 | 0.7% |
| Mar 2023 | N/A | 17.29 | -4.9% |
| Dec 2022 | N/A | 14.98 | -1.8% |
When comparing to historical data, AXP's PEG ratio comes in under the 3, 5 and 10-year averages.
American Express's PEG of 1.29 is higher than the Financial Services sector, the industry and its peers average. In comparison with the Financial Services sector average of 0.44, American Express's PEG is 193% higher.
Among its peers, AXP has a PEG ratio below stocks V and MA, while higher than JPM's and BAC's. At 1.29, American Express's PEG ratio sits higher than the peer group average of 0.63.
Based on Aug 25, 2026 data, AXP shows a PEG ratio of 1.29.
Historical data over a 3-year period puts AXP's average PEG ratio at 1.53.
Historical data over a 5-year period puts AXP's average PEG ratio at 2.68.
In the last ten years, AXP's peak PEG ratio of 25.24 occurred in the Jun 2023 quarter.
At present, AXP's PEG ratio runs 53% lower than its 10-year historical average.
PEG equals PE divided by EPS growth rate (YoY TTM). As of Aug 25, 2026, American Express carries a PE ratio of 20.34. Earnings grew at 15.8% over the TTM period ending Jun 2026. Applying the formula, this yields a PEG ratio of 1.29. PEG RATIO(1.29) = PE RATIO(20.34) / EPS GROWTH(15.8%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.