As of Nov 29, 2023, the Fedex stock's PE ratio is 15.38. This results from the current EPS of $16.51 and stock price of $253.93. The current PE ratio is nearly equal to the average from the previous four quarters.
The PE ratio of Fedex has averaged 35.85 over the last ten years. The current PE ratio of 15.38 is 57% below the historical average. Over the past ten years, FDX's PE ratio was at its highest in the Nov 2019 quarter at 457.29, when the stock price was $160.05 and the EPS was $0.35. The lowest value was in the Feb 2022 quarter, when it reached 11.45 with a price of $222.27 and an EPS of $19.41.
Maximum annual increase: 413.3% in 2019
Maximum annual decrease: -64.56% in 2020
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 13.97 | -9.58% |
| 2022 | 15.45 | -2.89% |
| 2021 | 15.91 | -40.05% |
| 2020 | 26.54 | -64.56% |
| 2019 | 74.89 | 413.3% |
| 2018 | 14.59 | -15.42% |
| 2017 | 17.25 | -31.08% |
| 2016 | 25.03 | -46.54% |
| 2015 | 46.82 | 145.52% |
| 2014 | 19.07 | 70.42% |
Currently, FDX's PE ratio is greater than its 3-year historical average, but it is below the 5 and 10-year averages.
Compared to its peers EXPD and CHRW, FDX's PE ratio stands lower, however it is higher than UPS's and ATSG's. Fedex's PE ratio is trading below the peer group average of 17.84.
| Stock name | PE ratio | Market cap |
|---|---|---|
| ATSG Air Transport Services Group Inc | 9.46 | $1.03B |
| UPS United Parcel Service Inc | 15.35 | $129.74B |
| FDX Fedex Corp | 15.38 | $63.84B |
| EXPD Expeditors International Of Washington Inc | 22.26 | $17.38B |
| CHRW C H Robinson Worldwide Inc | 24.28 | $9.52B |
| AIRT Air T Inc | N/A | $49.08M |
As of Nov 29, 2023, FDX stock has a price to earnings ratio of 15.38.
Over the last 3 years, the average price to earnings ratio for FDX stock is 15.27.
Over the last 5 years, the average price to earnings ratio for FDX stock is 49.61.
Over the last ten years, the quarterly PE ratio reached a historic high of 457.29 in the Nov 2019 quarter.
FDX's price to earnings ratio is currently 57% below its 10-year historical average.
The PE ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (Nov 29, 2023), Fedex's stock price is $253.93. The earnings per share for the trailing twelve months (TTM) ending Aug 2023 is $16.51. Therefore, Fedex's P/E ratio for today is 15.38. PE RATIO(15.38) = STOCK PRICE($253.93) / TTM EPS($16.51)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.