Basis: Latest stored market observation. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the P/E ratio high or low?
The P/E ratio of 17.37 is 38% above its 5-year average of 12.57, near the high end of its 5-year range (8.33–18.19).
As of Monday, August 10, 2026. 20.14% above its 12-month average of 14.46.
PE Ratio (17.37) = Close Price ($318.57) / Diluted TTM EPS ($18.34)
PE RATIO
17.37
PE RATIO AVG TTM
14.46
PE RATIO AVG 3Y
13.10
PE RATIO AVG 5Y
12.55
PE RATIO AVG 10Y
14.91
PE RATIO AVG 15Y
16.25
PE RATIO AVG 20Y
15.38
CURRENT VS TTM AVG
+20.14%
CURRENT VS 3Y AVG
+32.62%
CURRENT VS 5Y AVG
+38.43%
CURRENT VS 10Y AVG
+16.51%
CURRENT VS 15Y AVG
+6.92%
CURRENT VS 20Y AVG
+12.95%
SECTOR MEDIAN · INDUSTRIALS
30.42
median of 120 covered companies
CURRENT VS SECTOR MEDIAN
-42.90%
vs the sector median at left
Market Cap
$75.10B
PE Ratio
28.53
TTM Avg
23.20
3Y Avg
24.57
5Y Avg
22.70
Market Cap
$76.58B
PE Ratio
22.66
TTM Avg
19.60
3Y Avg
19.47
5Y Avg
20.54
Market Cap
$78.03B
PE Ratio
9.11
TTM Avg
12.87
3Y Avg
12.39
5Y Avg
12.73
Market Cap
$80.54B
PE Ratio
27.35
TTM Avg
24.11
3Y Avg
25.43
5Y Avg
25.46
Market Cap
$81.20B
PE Ratio
18.16
TTM Avg
20.76
3Y Avg
23.39
5Y Avg
19.39
| NAME | MARKET CAP | PE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| FedEx Corporation (FDX) | $75.37B | 17.37 | 14.46 | 13.10 | 12.55 |
| Norfolk Southern Corporation (NSC)vs › | $75.10B | 28.53 | 23.20 | 24.57 | 22.70 |
| Canadian National Railway Company (CNI)vs › | $76.58B | 22.66 | 19.60 | 19.47 | 20.54 |
| Honeywell International Inc. (HON)vs › | $78.03B | 9.11 | 12.87 | 12.39 | 12.73 |
| United Rentals, Inc. (URI)vs › | $72.38B | 28.16 | 23.49 | 19.74 | 18.20 |
| Canadian Pacific Kansas City Ltd. (CP)vs › | $80.54B | 27.35 | 24.11 | 25.43 | 25.46 |
| PACCAR Inc (PCAR)vs › | $70.06B | 27.96 | 22.73 | 15.77 | 15.45 |
| Northrop Grumman Corporation (NOC)vs › | $81.20B | 18.16 | 20.76 | 23.39 | 19.39 |
| Cintas Corporation (CTAS)vs › | $81.25B | 41.35 | 41.19 | 45.28 | 41.92 |
| TransDigm Group Incorporated (TDG)vs › | $68.53B | 37.17 | 41.23 | 46.40 | 48.85 |
At 17.4, P/E is above its 20-year median — higher than 65% of readings in its 20-year history.
20-year low
6.7
median
14.7
20-year high
603.6
Trailing P/E
17.4
Forward P/E
16.0
Forward P/E is calculated using analyst consensus EPS estimates for the current or next fiscal year.
Calculation:
Current Price
$318.57
Forward EPS (Est.)
$19.86
Forward P/E
16.04
Source: FMP Analyst Consensus Estimates. Forward EPS represents the average analyst estimate for the nearest fiscal year.
PE Ratio = Share Price / Diluted EPS (TTM)
The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | PE RATIO |
|---|---|
| 2026-08-07 | 17.37 |
| 2026-08-06 | 17.22 |
| 2026-08-05 | 16.94 |
| 2026-08-04 | 17.09 |
| 2026-08-03 | 16.86 |
| 2026-07-31 | 16.76 |
| 2026-07-30 | 16.82 |
| 2026-07-29 | 16.83 |
| 2026-07-28 | 17.05 |
| 2026-07-27 | 16.95 |
| 2026-07-24 | 17.17 |
| 2026-07-23 | 17.21 |
| 2026-07-22 | 17.50 |
| 2026-07-21 | 17.19 |
| 2026-07-20 | 16.70 |
| 2026-07-17 | 16.81 |
| 2026-07-16 | 17.09 |
| 2026-07-15 | 16.83 |
| 2026-07-14 | 16.85 |
| 2026-07-13 | 16.85 |
| 2026-07-10 | 16.90 |
| 2026-07-09 | 16.69 |
| 2026-07-08 | 16.64 |
| 2026-07-07 | 16.80 |
| 2026-07-06 | 16.65 |
| 2026-07-02 | 16.81 |
| 2026-07-01 | 16.86 |
| 2026-06-30 | 16.82 |
| 2026-06-29 | 17.48 |
| 2026-06-26 | 17.11 |
| 2026-06-25 | 17.69 |
| 2026-06-24 | 17.02 |
| 2026-06-23 | 17.04 |
| 2026-06-22 | 17.66 |
| 2026-06-18 | 17.52 |
| 2026-06-17 | 17.50 |
| 2026-06-16 | 18.03 |
| 2026-06-15 | 18.19 |
| 2026-06-12 | 18.17 |
| 2026-06-11 | 18.15 |
| 2026-06-10 | 17.15 |
| 2026-06-09 | 17.82 |
| 2026-06-08 | 17.73 |
| 2026-06-05 | 17.78 |
| 2026-06-04 | 17.62 |
| 2026-06-03 | 17.43 |
| 2026-06-02 | 17.67 |
| 2026-06-01 | 18.18 |
| 2026-05-29 | 17.81 |
| 2026-05-28 | 17.79 |
| 2026-05-27 | 17.81 |
| 2026-05-26 | 17.30 |
| 2026-05-22 | 17.05 |
| 2026-05-21 | 16.82 |
| 2026-05-20 | 16.73 |
| 2026-05-19 | 16.22 |
| 2026-05-18 | 15.99 |
| 2026-05-15 | 16.25 |
| 2026-05-14 | 16.43 |
| 2026-05-13 | 15.99 |
| 2026-05-12 | 16.28 |
| 2026-05-11 | 16.39 |
| 2026-05-08 | 16.37 |
| 2026-05-07 | 16.26 |
| 2026-05-06 | 16.31 |
| 2026-05-05 | 15.69 |
| 2026-05-04 | 15.47 |
| 2026-05-01 | 17.03 |
| 2026-04-30 | 17.44 |
| 2026-04-29 | 16.81 |
| 2026-04-28 | 16.88 |
| 2026-04-27 | 16.77 |
| 2026-04-24 | 16.78 |
| 2026-04-23 | 16.98 |
| 2026-04-22 | 16.69 |
| 2026-04-21 | 17.06 |
| 2026-04-20 | 17.03 |
| 2026-04-17 | 16.97 |
| 2026-04-16 | 16.47 |
| 2026-04-15 | 15.78 |
| 2026-04-14 | 16.01 |
| 2026-04-13 | 16.08 |
| 2026-04-10 | 16.18 |
| 2026-04-09 | 16.30 |
| 2026-04-08 | 16.15 |
| 2026-04-07 | 15.44 |
| 2026-04-06 | 15.52 |
| 2026-04-02 | 15.64 |
| 2026-04-01 | 15.54 |
| 2026-03-31 | 15.40 |
| 2026-03-30 | 14.78 |
| 2026-03-27 | 14.88 |
| 2026-03-26 | 15.12 |
| 2026-03-25 | 15.46 |
| 2026-03-24 | 15.57 |
| 2026-03-23 | 15.39 |
| 2026-03-20 | 15.52 |
| 2026-03-19 | 15.40 |
| 2026-03-18 | 15.62 |
| 2026-03-17 | 15.84 |
| 2026-03-16 | 15.74 |
| 2026-03-13 | 15.71 |
| 2026-03-12 | 15.77 |
| 2026-03-11 | 16.14 |
| 2026-03-10 | 16.05 |
| 2026-03-09 | 16.13 |
| 2026-03-06 | 16.04 |
| 2026-03-05 | 16.67 |
| 2026-03-04 | 17.15 |
| 2026-03-03 | 17.08 |
| 2026-03-02 | 17.30 |
| 2026-02-27 | 17.28 |
| 2026-02-26 | 17.31 |
| 2026-02-25 | 17.09 |
| 2026-02-24 | 17.26 |
| 2026-02-23 | 17.14 |
| 2026-02-20 | 17.35 |
| 2026-02-19 | 17.11 |
| 2026-02-18 | 17.11 |
| 2026-02-17 | 16.76 |
| 2026-02-13 | 16.74 |
| 2026-02-12 | 16.50 |
| 2026-02-11 | 16.40 |
| 2026-02-10 | 16.43 |
| 2026-02-09 | 16.28 |
| 2026-02-06 | 16.49 |
| 2026-02-05 | 16.26 |
| 2026-02-04 | 16.19 |
| 2026-02-03 | 15.78 |
| 2026-02-02 | 14.98 |
| 2026-01-30 | 14.39 |
| 2026-01-29 | 14.29 |
| 2026-01-28 | 14.05 |
| 2026-01-27 | 13.95 |
| 2026-01-26 | 13.60 |
| 2026-01-23 | 13.59 |
| 2026-01-22 | 13.84 |
| 2026-01-21 | 13.71 |
| 2026-01-20 | 13.44 |
| 2026-01-16 | 13.76 |
| 2026-01-15 | 13.99 |
| 2026-01-14 | 14.00 |
| 2026-01-13 | 13.83 |
| 2026-01-12 | 13.93 |
| 2026-01-09 | 13.95 |
| 2026-01-08 | 13.80 |
| 2026-01-07 | 13.73 |
| 2026-01-06 | 13.75 |
| 2026-01-05 | 13.29 |
| 2026-01-02 | 13.09 |
| 2025-12-31 | 12.90 |
| 2025-12-30 | 13.00 |
| 2025-12-29 | 13.08 |
| 2025-12-26 | 13.23 |
| 2025-12-24 | 13.22 |
| 2025-12-23 | 13.18 |
| 2025-12-22 | 13.08 |
| 2025-12-19 | 12.90 |
| 2025-12-18 | 12.82 |
| 2025-12-17 | 13.27 |
| 2025-12-16 | 13.28 |
| 2025-12-15 | 13.22 |
| 2025-12-12 | 13.37 |
| 2025-12-11 | 13.39 |
| 2025-12-10 | 13.36 |
| 2025-12-09 | 12.93 |
| 2025-12-08 | 13.00 |
| 2025-12-05 | 12.89 |
| 2025-12-04 | 12.88 |
| 2025-12-03 | 12.71 |
| 2025-12-02 | 12.71 |
| 2025-12-01 | 12.85 |
| 2025-11-28 | 12.96 |
| 2025-11-26 | 12.97 |
| 2025-11-25 | 12.87 |
| 2025-11-24 | 12.55 |
| 2025-11-21 | 12.67 |
| 2025-11-20 | 12.37 |
| 2025-11-19 | 12.34 |
| 2025-11-18 | 12.37 |
| 2025-11-17 | 12.44 |
| 2025-11-14 | 12.58 |
| 2025-11-13 | 12.57 |
| 2025-11-12 | 12.63 |
| 2025-11-11 | 12.58 |
| 2025-11-10 | 11.94 |
| 2025-11-07 | 12.32 |
| 2025-11-06 | 12.17 |
| 2025-11-05 | 12.04 |
| 2025-11-04 | 11.84 |
| 2025-11-03 | 11.89 |
| 2025-10-31 | 11.93 |
| 2025-10-30 | 11.70 |
| 2025-10-29 | 11.73 |
| 2025-10-28 | 11.73 |
| 2025-10-27 | 11.63 |
| 2025-10-24 | 11.34 |
| 2025-10-23 | 11.20 |
| 2025-10-22 | 11.25 |
| 2025-10-21 | 11.42 |
| 2025-10-20 | 11.27 |
| 2025-10-17 | 11.18 |
| 2025-10-16 | 11.14 |
| 2025-10-15 | 11.08 |
| 2025-10-14 | 11.03 |
| 2025-10-13 | 10.80 |
| 2025-10-10 | 10.56 |
| 2025-10-09 | 11.14 |
| 2025-10-08 | 11.28 |
| 2025-10-07 | 11.39 |
| 2025-10-06 | 11.61 |
| 2025-10-03 | 11.50 |
| 2025-10-02 | 11.39 |
| 2025-10-01 | 11.26 |
| 2025-09-30 | 11.09 |
| 2025-09-29 | 11.12 |
| 2025-09-26 | 11.18 |
| 2025-09-25 | 11.11 |
| 2025-09-24 | 10.99 |
| 2025-09-23 | 10.99 |
| 2025-09-22 | 10.82 |
| 2025-09-19 | 10.89 |
| 2025-09-18 | 10.65 |
| 2025-09-17 | 10.77 |
| 2025-09-16 | 10.86 |
| 2025-09-15 | 10.77 |
| 2025-09-12 | 10.95 |
| 2025-09-11 | 10.92 |
| 2025-09-10 | 10.77 |
| 2025-09-09 | 10.77 |
| 2025-09-08 | 10.73 |
| 2025-09-05 | 10.86 |
| 2025-09-04 | 10.75 |
| 2025-09-03 | 10.75 |
| 2025-09-02 | 10.69 |
| 2025-08-29 | 11.02 |
| 2025-08-28 | 11.03 |
| 2025-08-27 | 11.08 |
| 2025-08-26 | 11.02 |
| 2025-08-25 | 11.12 |
| 2025-08-22 | 11.30 |
| 2025-08-21 | 10.75 |
| 2025-08-20 | 10.84 |
| 2025-08-19 | 11.12 |
| 2025-08-18 | 10.86 |
| 2025-08-15 | 10.84 |
| 2025-08-14 | 11.02 |
| 2025-08-13 | 11.00 |
| 2025-08-12 | 10.99 |
| 2025-08-11 | 10.72 |
| 2025-08-08 | 10.88 |
| 2025-08-07 | 10.72 |
| 2025-08-06 | 10.80 |
| 2025-08-05 | 10.61 |
| 2025-08-04 | 10.38 |
| 2025-08-01 | 10.36 |
| 2025-07-31 | 10.66 |
| 2025-07-30 | 10.68 |
| 2025-07-29 | 11.19 |
| 2025-07-28 | 11.56 |
Showing the most recent 260 of 4,740 data points. The chart above shows the full history.