Expeditors International of Washington (BSP:E1XP34) Cyclically Adjusted PB Ratio: 12.02 (As of Aug. 31, 2026) — 67% Above Median

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BSP:E1XP34 Expeditors International of Washington Inc BSP:E1XP34
79 GF Score
Price R$429.24
GF Value R$377.86
! 7 Warning Signs
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What is Expeditors International of Washington Cyclically Adjusted PB Ratio?

Expeditors International of Washington BSP:E1XP34 79 Cyclically Adjusted PB Ratio is 12.02 as of Aug. 31, 2026, which is 67% above its 10-year median of 7.21. GuruFocus rates BSP:E1XP34 with a GF Score™ of 79/100 and a GF Value™ of R$377.86. The stock has 7 warning signs investors should review. Among 699 Transportation companies, Expeditors International of Washington ranks worse than 98.43% on this metric.

As of today (2026-08-31), Expeditors International of Washington's current share price is R$429.24. Expeditors International of Washington's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was R$35.70. Expeditors International of Washington's Cyclically Adjusted PB Ratio for today is 12.02.

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

BSP:E1XP34' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 5   Med: 7.21   Max: 10.53
Current: 10.49

During the past years, Expeditors International of Washington's highest Cyclically Adjusted PB Ratio was 10.53. The lowest was 5.00. And the median was 7.21.

BSP:E1XP34's Cyclically Adjusted PB Ratio is ranked worse than
98.43% of 699 companies
in the Transportation industry
Industry Median: 1.28 vs BSP:E1XP34: 10.49

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Expeditors International of Washington's adjusted book value per share data for the three months ended in Jun. 2026 was R$41.749. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is R$35.70 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Expeditors International of Washington  (BSP:E1XP34) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Expeditors International of Washington Cyclically Adjusted PB Ratio Related Terms


Expeditors International of Washington Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Expeditors International of Washington's Cyclically Adjusted 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.

Expeditors International of Washington Cyclically Adjusted PB Ratio Chart

Expeditors International of Washington Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.15 6.93 7.98 6.63 8.51

Expeditors International of Washington Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted 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 6.64 7.04 8.51 7.99 8.96

BSP:E1XP34 vs JBHT, FDXF, CHRW: Cyclically Adjusted PB Ratio Comparison

For the Integrated Freight & Logistics subindustry, Expeditors International of Washington's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted 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 Cyclically Adjusted PB Ratio vs Transportation Industry

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

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


BSP:E1XP34
79GF Score
Expeditors International of Washington Inc BSP:E1XP34
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Expeditors International of Washington Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Expeditors International of Washington's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=429.24/35.70
=12.02

* 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.

Expeditors International of Washington's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Expeditors International of Washington's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=41.749/333.9520*333.9520
=41.749

Current CPI (Jun. 2026) = 333.9520.

Expeditors International of Washington Quarterly Data

Book Value per Share CPI Adj_Book
201609 16.693 241.428 23.090
201612 17.200 241.432 23.791
201703 16.938 243.801 23.201
201706 18.123 244.955 24.707
201709 17.448 246.819 23.608
201712 18.606 246.524 25.204
201803 18.618 249.554 24.915
201806 20.528 251.989 27.205
201809 23.284 252.439 30.802
201812 22.484 251.233 29.887
201903 23.766 254.202 31.222
201906 23.253 256.143 30.317
201909 26.707 256.759 34.736
201912 26.558 256.974 34.514
202003 29.912 258.115 38.700
202006 33.577 257.797 43.496
202009 39.919 260.280 51.218
202012 40.412 260.474 51.812
202103 47.983 264.877 60.496
202106 45.768 271.696 56.255
202109 53.250 274.310 64.828
202112 59.089 278.802 70.777
202203 57.101 287.504 66.326
202206 54.607 296.311 61.544
202209 57.373 296.808 64.553
202212 52.858 296.797 59.475
202303 53.671 301.836 59.382
202306 42.133 305.109 46.116
202309 42.288 307.789 45.883
202312 40.705 306.746 44.315
202403 38.737 312.332 41.418
202406 41.677 314.175 44.301
202409 46.620 315.301 49.378
202412 49.139 315.605 51.996
202503 48.130 319.799 50.260
202506 45.048 322.561 46.639
202509 45.627 324.800 46.913
202512 47.995 324.054 49.461
202603 45.243 330.213 45.755
202606 41.749 333.952 41.749

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

What does a Cyclically Adjusted PB Ratio of 12.02 mean?
Expeditors International of Washington (BSP:E1XP34) has a Cyclically Adjusted PB Ratio of 12.02 as of Aug. 31, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Expeditors International of Washington and its competitors. This is 67% above median its historical median of 7.21. Over the past decade, Expeditors International of Washington's Cyclically Adjusted PB Ratio has ranged from 5.00 to 10.53. According to the industry distribution chart, Expeditors International of Washington ranks #688 out of 699 companies in the Transportation industry, placing it in the top 98.4%.
Is Expeditors International of Washington's Cyclically Adjusted PB Ratio too high?
Expeditors International of Washington's current Cyclically Adjusted PB Ratio of 12.02 is 67% above median its 10-year median of 7.21. Over the past 10 years, this metric has ranged from a low of 5.00 to a high of 10.53. The Transportation industry median Cyclically Adjusted PB Ratio is 1.28. Expeditors International of Washington's value of 12.02 is 839.1% above this industry median. Based on the distribution chart, Expeditors International of Washington ranks #688 out of 699 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Expeditors International of Washington has a GF Score™ of 79/100, reflecting its overall financial health beyond just this single metric.
How does Expeditors International of Washington's Cyclically Adjusted PB Ratio compare to JBHT and FDXF?
According to the Transportation industry distribution chart, Expeditors International of Washington ranks #688 out of 699 companies for Cyclically Adjusted PB Ratio. This places Expeditors International of Washington in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.28. Expeditors International of Washington's value of 12.02 is 839.1% above this benchmark. Historically, Expeditors International of Washington's own Cyclically Adjusted PB Ratio has ranged from 5.00 to 10.53 over the past decade. While the company's 10-year median is 7.21 vs. the industry median of 1.28, Expeditors International of Washington has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Transportation company?
The median Cyclically Adjusted PB Ratio among Transportation companies is 1.28, based on 699 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Expeditors International of Washington's current Cyclically Adjusted PB Ratio of 12.02 is 839.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Expeditors International of Washington and its competitors. For the Transportation industry, the median Cyclically Adjusted PB Ratio is 1.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Expeditors International of Washington's current Cyclically Adjusted PB Ratio is 12.02, which is 67% above median its own 10-year median of 7.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Expeditors International of Washington stock overvalued right now?
Expeditors International of Washington (BSP:E1XP34) has a current Cyclically Adjusted PB Ratio of 12.02. The stock's GF Value™ is R$377.86, compared to a current price of R$429.24 — trading 13.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 12.02, which is 67% above median its 10-year median of 7.21 and 839.1% above the Transportation industry median of 1.28. Expeditors International of Washington's overall GF Score™ is 79/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Expeditors International of Washington (BSP:E1XP34), the current Cyclically Adjusted PB Ratio is 12.02 as of Aug. 31, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Expeditors International of Washington (BSP:E1XP34) Overvalued in 2026?

Based on GuruFocus' analysis, Expeditors International of Washington stock appears to be overvalued. The current stock price of R$429.24 is trading 13.6% above its estimated GF Value™ of R$377.86.

Key valuation signals for BSP:E1XP34:

  • Cyclically Adjusted PB Ratio: 12.02 (67% above median its 10-year median of 7.21)
  • GF Value™: R$377.86 vs. price of R$429.24 (13.6% above fair value)
  • GF Score™: 79/100 with 7 warning signs
  • Industry Position: 839.1% above the Transportation median (#688 of 699)

No single metric tells the full story. See the BSP:E1XP34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Expeditors International of Washington Business Description

Other Exchanges EXPD:USA0IJR:UK
Address 3545 Factoria Boulevard SE, Sterling Plaza 2, 3rd Floor, Bellevue, WA, USA, 98006
Based in the US, 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 2025, Expeditors derived 36% of consolidated gross revenue from airfreight, 25% from ocean freight, and 39% from customs brokerage and other services.
79GF Score

Get the complete analysis for BSP:E1XP34

Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$429.24
Price
R$377.86
GF Value