Fedex Corp P/E
What is the P/E of Fedex Corp?
The P/E of Fedex Corp is 16.36
What is the definition of P/E?
Price to earnings ratio is the ratio of a company’s stock price to the company’s earnings per share calculated over trailing twelve months.
= previous day’s close / ttm EPS
The price to earnings ratio is the most widely used method for determining whether shares are accurately valued in relation to one another. But the P/E ratio does not in itself indicate whether the share is a bargain. The P/E ratio depends on the market’s perception of the risk and future growth in earnings. A company with a low P/E ratio indicates that the market perceives it as a higher risk or a lower growth or both as compared to a company with a higher price to earnings ratio. The P/E ratio of a listed company’s stock is the result of the collective perception of the market as to how risky the company is and what its earnings growth prospects are in relation to that of other companies. Investors use the P/E ratio to compare their own perception of the risk and growth of a company against the market’s collective perception of the risk and growth as reflected in the current P/E ratio.
P/E of companies in the Industrials sector on NYSE compared to Fedex Corp
What does Fedex Corp do?
fedex connects people and possibilities through our worldwide portfolio of shipping, transportation, e-commerce and business services. we offer integrated business applications through our collaboratively managed operating companies — collectively delivering extraordinary service to our customers — using the expertise and reliability represented by the fedex brand. our people are the foundation of our success, and fedex has consistently ranked among the world’s most admired and trusted employers. we inspire our global workforce of more than 400,000 employees to remain absolutely, positively focused on safety, the highest ethical and professional standards, and the needs of their customers and communities. we owe our success as an industry leader to the more than 400,000 global team members who deliver exceptional customer service experiences day-in and day-out. want to be part of this dynamic team? check out our open positions located on the careers site on fedex.com: http://careers.va
Companies with p/e similar to Fedex Corp
- Freedom Corp has P/E of 16.33
- Shougang Concord Century has P/E of 16.34
- Rural Electrification has P/E of 16.34
- BAWAG AG has P/E of 16.35
- CLP has P/E of 16.36
- Escalade has P/E of 16.36
- Fedex Corp has P/E of 16.36
- Elders has P/E of 16.36
- Nature`s Sunshine Products has P/E of 16.36
- Rattler Midstream Lp has P/E of 16.37
- Jubilant Life Sciences has P/E of 16.37
- JPMorgan Mid Cap Investment Trust Plc has P/E of 16.37
- Weber has P/E of 16.37