The current P/E ratio for Knight-Swift Transportation Holdings stock as of Jul 25, 2024 is 76.54. This is calculated based on the TTM EPS of $0.68 and the stock price of $52.05 per share. The PE ratio has increased by 88% from its last 4 quarters average of 40.6.
The average historical PE ratio of Knight-Swift Transportation Holdings for the last ten years is 19.87. The current price-to-earnings ratio of 76.54 is in line with the historical average. Analyzing the last ten years, KNX's PE ratio reached its highest point in the Mar 2024 quarter at 80.91, when the price was $55.02 and the EPS was $0.68. 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 above its peer stocks WERN and MRTN.
| Stock name | PE ratio | Market cap |
|---|---|---|
| MRTN Marten Transport Ltd | 25.85 | $1.51B |
| WERN Werner Enterprises Inc | 29.75 | $2.47B |
| PTSI Pam Transportation Services Inc | 36.87 | $487.41M |
| KNX Knight-Swift Transportation Holdings Inc | 75.37 | $8.28B |
| HTLD Heartland Express Inc | N/A | $1.04B |
The price to earnings ratio for KNX stock as of Jul 25, 2024, stands at 76.54.
The average PE ratio for KNX stock over the past 3 years is 22.03.
The average PE ratio for KNX stock over the past 5 years is 20.61.
The highest quarterly PE ratio in the last ten years has been 80.91 and it was in the Mar 2024 quarter.
The current PE ratio of KNX is 285% higher than the 10-year historical average.
KNX's PE ratio of 76.54 is considered high because the company's stock price is trading at a higher multiple of earnings.
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 (Jul 25, 2024), Knight-Swift Transportation Holdings's share price is $52.05. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $0.68. Therefore, Knight-Swift Transportation Holdings's price to earnings ratio for today is 76.54. PE RATIO(76.54) = STOCK PRICE($52.05) / TTM EPS($0.68)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.