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Expeditors International of Washington (Expeditors International of Washington) PB Ratio : 6.81 (As of Apr. 25, 2024)


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What is Expeditors International of Washington PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-04-25), Expeditors International of Washington's share price is $113.0661. Expeditors International of Washington's Book Value per Share for the quarter that ended in Dec. 2023 was $16.62. Hence, Expeditors International of Washington's PB Ratio of today is 6.81.

The historical rank and industry rank for Expeditors International of Washington's PB Ratio or its related term are showing as below:

EXPD' s PB Ratio Range Over the Past 10 Years
Min: 3.64   Med: 5.37   Max: 7.82
Current: 6.8

During the past 13 years, Expeditors International of Washington's highest PB Ratio was 7.82. The lowest was 3.64. And the median was 5.37.

EXPD's PB Ratio is ranked worse than
93.13% of 932 companies
in the Transportation industry
Industry Median: 1.31 vs EXPD: 6.80

During the past 12 months, Expeditors International of Washington's average Book Value Per Share Growth Rate was -17.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 1.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 10.30% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 8.30% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Expeditors International of Washington was 39.80% per year. The lowest was -1.80% per year. And the median was 15.90% per year.

Back to Basics: PB Ratio


Expeditors International of Washington PB Ratio Historical Data

The historical data trend for Expeditors International of Washington's PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Expeditors International of Washington PB Ratio Chart

Expeditors International of Washington Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.03 6.05 6.43 5.16 7.66

Expeditors International of Washington Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.16 5.34 6.98 6.69 7.66

Competitive Comparison of Expeditors International of Washington's PB Ratio

For the Integrated Freight & Logistics subindustry, Expeditors International of Washington's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Expeditors International of Washington's PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Expeditors International of Washington's PB Ratio distribution charts can be found below:

* The bar in red indicates where Expeditors International of Washington's PB Ratio falls into.



Expeditors International of Washington PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Expeditors International of Washington's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=113.0661/16.615
=6.81

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


Expeditors International of Washington  (NYSE:EXPD) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Expeditors International of Washington PB Ratio Related Terms

Thank you for viewing the detailed overview of Expeditors International of Washington's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Expeditors International of Washington (Expeditors International of Washington) Business Description

Traded in Other Exchanges
Address
1015 Third Avenue, Seattle, WA, USA, 98104
Expeditors International of Washington is a non-asset-based third-party logistics provider, mainly focused on international freight forwarding. Its offers freight consolidation and forwarding, customs brokerage, warehousing and distribution, purchase order management, vendor consolidation, and numerous other value-added logistics services. It employs sophisticated IT systems and contracts with airlines and ocean carriers to move customers' freight across the globe. The firm operates more than 200 full-service office locations worldwide, in addition to numerous satellite locations. In 2022, Expeditors derived 34% of consolidated net revenue from airfreight, 30% from ocean freight, and 36% from customs brokerage and other services.
Executives
Jeffrey S Musser officer: Senior VP and CIO C/O EXPEDITORS, 1015 THIRD AVENUE, SEATTLE WA 981041190
Jeffrey F Dickerman officer: Senior VP - General Counsel 1015 THIRD AVENUE, SEATTLE WA 98104
Benjamin G. Clark officer: Senior VP - General Counsel 1015 THIRD AVENUE, 12TH FLOOR, SEATTLE WA 98110
Bradley S Powell officer: Chief Financial Officer C/O EXPEDITORS, 1015 THIRD AVE, SEATTLE WA 981041190
Blake R Bell officer: President, Global Products 1015 THIRD AVENUE, SEATTLE WA 98104
Eugene K Alger officer: Executive VP-North America 1015 THIRD AVENUE, SEATTLE WA 981041190
Brandon Pedersen director EXPEDITORS, 1015 THIRD AVE, SEATTLE WA 98104
Robert R Wright director C/O EXPEDITORS, 1015 THIRD AVE, SEATTLE WA 981041190
Olivia D Polius director C/O EXPEDITORS, 1015 THIRD AVENUE, SEATTLE WA 98104
Christopher J. Mcclincy officer: Senior VP - CIO 1015 THIRD AVENUE, 12TH FLOOR, SEATTLE WA 98104-1190
Glenn M Alger director 1015 THIRD AVENUE, SEATTLE WA 981041190
Daniel R Wall officer: SVP - Ocean Services C/O EXPEDITORS, 1015 THIRD AVENUE, SEATTLE WA 981041190
Richard H Rostan officer: President - Global Geographies C/O EXPEDITORS, 1015 THIRD AVENUE, SEATTLE WA 98104
Mark A Emmert director C/O EXPEDITORS, 1015 THIRD AVE, SEATTLE WA 981041190
Philip M Coughlin officer: Executive VP-North America 1015 THIRD AVENUE, SEATTLE WA 981041190

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