The current P/E ratio for Knight-Swift Transportation Holdings stock as of Apr 26, 2024 is 34.73. This is calculated based on the TTM EPS of $1.35 and the stock price of $46.89 per share. The PE ratio has increased by 46% from its last 4 quarters average of 23.8.
The average historical PE ratio of Knight-Swift Transportation Holdings for the last ten years is 18.51. The current price-to-earnings ratio of 34.73 is 88% more than the historical average. Analyzing the last ten years, KNX's PE ratio reached its highest point in the Sep 2017 quarter at 56.92, when the price was $41.55 and the EPS was $0.73. 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.
Maximum annual increase: 287.13% in 2023
Maximum annual decrease: -65.49% in 2017
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 42.7 | 287.13% |
| 2022 | 11.03 | -18.9% |
| 2021 | 13.6 | -21.3% |
| 2020 | 17.28 | -13.21% |
| 2019 | 19.91 | 88.19% |
| 2018 | 10.58 | 6.01% |
| 2017 | 9.98 | -65.49% |
| 2016 | 28.92 | 115.5% |
| 2015 | 13.42 | -46.68% |
| 2014 | 25.17 | 25.66% |
KNX's current PE ratio is higher than the 3, 5 and 10-year averages.
KNX's PE ratio is less than its peer stock HTLD, but it is above WERN's and MRTN's. Knight-Swift Transportation Holdings is currently trading at a higher PE ratio (34.73) than its peers average of 28.48.
| Stock name | PE ratio | Market cap |
|---|---|---|
| MRTN Marten Transport Ltd | 19.47 | $1.38B |
| WERN Werner Enterprises Inc | 19.63 | $2.2B |
| PTSI Pam Transportation Services Inc | 20.29 | $371.07M |
| KNX Knight-Swift Transportation Holdings Inc | 34.73 | $7.57B |
| HTLD Heartland Express Inc | 54.53 | $818.96M |
The price to earnings ratio for KNX stock as of Apr 26, 2024, stands at 34.73.
The average PE ratio for KNX stock over the past 3 years is 15.94.
The average PE ratio for KNX stock over the past 5 years is 17.06.
The highest quarterly PE ratio in the last ten years has been 56.92 and it was in the Sep 2017 quarter.
The current PE ratio of KNX is 88% higher than the 10-year historical average.
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 (Apr 26, 2024), Knight-Swift Transportation Holdings's share price is $46.89. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $1.35. Therefore, Knight-Swift Transportation Holdings's price to earnings ratio for today is 34.73. PE RATIO(34.73) = STOCK PRICE($46.89) / TTM EPS($1.35)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.