KNX Knight-Swift Transportation Holdings PE ratio, current and historical analysis
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- PE Ratio
The current P/E ratio for Knight-Swift Transportation Holdings stock as of May 30, 2025 is 47.15. This is calculated based on the TTM EPS of $0.94 and the stock price of $44.32 per share. The PE ratio has decreased by 59% from its last 4 quarters average of 115.6.
KNX PE ratio history
The average historical PE ratio of Knight-Swift Transportation Holdings for the last ten years is 29.3. The current price-to-earnings ratio of 47.15 is 61% more than the historical average. Analyzing the last ten years, KNX's PE ratio reached its highest point in the Sep 2024 quarter at 224.79, when the price was $53.95 and the EPS was $0.24. The lowest point was recorded in the Sep 2018 quarter, when it reached 6.32 with a price of $34.48 and an EPS of $5.46.
Knight-Swift Transportation Holdings PE ratio history chart
Knight-Swift Transportation Holdings PE ratio by year
Maximum annual increase: 287.13% in 2023
Maximum annual decrease: -65.49% in 2017
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2024 | 72.66 | 70.16% | $53.04 | $0.73 |
| 2023 | 42.7 | 287.13% | $57.65 | $1.35 |
| 2022 | 11.03 | -18.9% | $52.41 | $4.75 |
| 2021 | 13.6 | -21.3% | $60.94 | $4.48 |
| 2020 | 17.28 | -13.21% | $41.82 | $2.42 |
| 2019 | 19.91 | 88.19% | $35.84 | $1.8 |
| 2018 | 10.58 | 6.01% | $25.07 | $2.37 |
| 2017 | 9.98 | -65.49% | $43.72 | $4.38 |
| 2016 | 28.92 | 115.5% | $33.83 | $1.17 |
| 2015 | 13.42 | -46.68% | $19.19 | $1.43 |
| 2014 | 25.17 | 25.66% | $39.76 | $1.58 |
| 2013 | 20.03 | 119.87% | $30.85 | $1.54 |
| 2012 | 9.11 | -18% | $12.67 | $1.39 |
| 2011 | 11.11 | N/A | $11.44 | $1.03 |
| 2010 | N/A | N/A | $17.38 | -$2.75 |
Knight-Swift Transportation Holdings PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2025 | 46.27 | -36.32% | $43.49 | $0.94 |
| Dec 2024 | 72.66 | -67.68% | $53.04 | $0.73 |
| Sep 2024 | 224.79 | 89.12% | $53.95 | $0.24 |
| Jun 2024 | 118.86 | 46.9% | $49.92 | $0.42 |
| Mar 2024 | 80.91 | 89.48% | $55.02 | $0.68 |
| Dec 2023 | 42.7 | 99.25% | $57.65 | $1.35 |
| Sep 2023 | 21.43 | 22.67% | $50.15 | $2.34 |
| Jun 2023 | 17.47 | 27.8% | $55.56 | $3.18 |
| Mar 2023 | 13.67 | 23.93% | $56.58 | $4.14 |
| Dec 2022 | 11.03 | 20.55% | $52.41 | $4.75 |
| Sep 2022 | 9.15 | 6.4% | $48.93 | $5.35 |
| Jun 2022 | 8.6 | -15.6% | $46.29 | $5.38 |
| Mar 2022 | 10.19 | -25.07% | $50.46 | $4.95 |
| Dec 2021 | 13.6 | 0.52% | $60.94 | $4.48 |
| Sep 2021 | 13.53 | -2.94% | $51.15 | $3.78 |
KNX Price vs fair value
You can ether set your own Fair P/E multiple or use one of the automatically calculated Fair P/E multiples.
Fair P/E calculation
PE Ratio is an attempt to estimate a fair PE ratio of a stock based on its earnings and growth rate.
This formula is a modified version of the classic Graham-Dodd Formula (V= EPS x (8.5+2g)), originally developed by Benjamin Graham, to calculate the fair price of a stock based on its earnings and growth rate.
The formula we have created is an adaptation of this approach, designed to maintain a balance between simplicity and growth sensitivity.
It is calculated using the following formula:
IF g < 5: Fair PE = b
IF g >= 5: Fair PE = m × g
Here’s what each part of the formula means:
g: Growth is calculated as the average of the three-year average EPS growth rate and the one-year EPS growth rate (annually). This approach provides a balanced measure of growth by factoring in both the long-term growth trend and the most recent annual growth performance. If one of the growth metrics is not available, the remaining metric is used to determine growth. The fair P/E value is capped at 100 to prevent distortions caused by extreme EPS growth rates, such as those resulting from large percentage increases from a low base.
m: This is the long term historical median PEG (Price/Earnings to Growth) ratio of the overall market. It serves as a benchmark, adjusting the Fair PE based on typical market conditions.
b: Base PE (static value set to 8). If the company's growth rate is less than 5, the Fair PE is set at a conservative baseline of 8. This is because declining companies generally deserve a lower PE ratio.
Fixed vs Dynamic
Fixed: The Fair PE ratio for all data points is calculated using a single, constant average EPS growth rate, determined based on the most recent period. This means that the same growth rate is applied to all historical data points. Dynamic: The Fair PE ratio for each historical data point is calculated using the trailing average EPS growth rate specific to that point in time. This means that for each data point, the corresponding trailing EPS growth rate is used, ensuring that the Fair PE ratio reflects the growth conditions that were relevant at that specific point in history.
KNX average PE ratio chart
KNX's current PE ratio is higher than the 5 and 10-year averages, but it is under its 3-year average.
PE vs average
KNX PE vs peers
KNX's PE ratio is below its peer stocks WERN and MRTN.
| Stock name | PE ratio | Market cap |
|---|---|---|
| KNX Knight-Swift Transportation Holdings Inc | 47.15 | $7.18B |
| MRTN Marten Transport Ltd | 48.3 | $1.06B |
| WERN Werner Enterprises Inc | 89.48 | $1.6B |
| HTLD Heartland Express Inc | N/A | $703.05M |
| PAMT PAMT Corp. | N/A | $273.72M |
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Frequently asked questions
What is Knight-Swift Transportation Holdings's PE ratio?
The price to earnings ratio for KNX stock as of May 30, 2025, stands at 47.15.
What is the 3-year average PE ratio for Knight-Swift Transportation Holdings (KNX)?
The average PE ratio for KNX stock over the past 3 years is 55.63.
What is the 5-year average PE ratio for Knight-Swift Transportation Holdings (KNX)?
The average PE ratio for KNX stock over the past 5 years is 39.94.
What is the highest PE ratio for KNX?
The highest quarterly PE ratio in the last ten years has been 224.79 and it was in the Sep 2024 quarter.
How does the current PE ratio for KNX compare to its historical average?
The current PE ratio of KNX is 61% higher than the 10-year historical average.
How is KNX's PE ratio calculated (Knight-Swift Transportation Holdings PE ratio formula)?
The P/E ratio is calculated by taking the latest stock price and dividing it by the earnings per share(EPS) for the last 12 months. As of today (May 30, 2025), Knight-Swift Transportation Holdings's share price is $44.32. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2025 is $0.94. Therefore, Knight-Swift Transportation Holdings's price to earnings ratio for today is 47.15. PE RATIO(47.15) = STOCK PRICE($44.32) / TTM EPS($0.94)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.