Expeditors International of Washington (MEX:EXPD) Cyclically Adjusted PB Ratio: 7.99 (As of Jul. 14, 2026) — 11% Above Median

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MEX:EXPD Expeditors International of Washington Inc MEX:EXPD
77 GF Score
Price MXN2,704.75
GF Value MXN2,262.59
! 7 Warning Signs
View Full Analysis

What is Expeditors International of Washington Cyclically Adjusted PB Ratio?

Expeditors International of Washington MEX:EXPD 77 Cyclically Adjusted PB Ratio is 7.99 as of Jul. 14, 2026, which is 11% above its 10-year median of 7.20. GuruFocus rates MEX:EXPD with a GF Score™ of 77/100 and a GF Value™ of MXN2,262.59. The stock has 7 warning signs investors should review. Among 739 Transportation companies, Expeditors International of Washington ranks worse than 96.89% on this metric.

As of today (2026-07-14), Expeditors International of Washington's current share price is MXN2704.75. Expeditors International of Washington's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was MXN338.59. Expeditors International of Washington's Cyclically Adjusted PB Ratio for today is 7.99.

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

MEX:EXPD' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 5   Med: 7.2   Max: 10.53
Current: 9.79

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 7.20.

MEX:EXPD's Cyclically Adjusted PB Ratio is ranked worse than
96.89% of 739 companies
in the Transportation industry
Industry Median: 1.25 vs MEX:EXPD: 9.79

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 Mar. 2026 was MXN312.014. 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 MXN338.59 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Expeditors International of Washington  (MEX:EXPD) 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
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 7.08 6.64 7.04 8.51 7.99

MEX:EXPD vs CHRW, FDXF, ZTO: 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.


MEX:EXPD
77GF Score
Expeditors International of Washington Inc MEX:EXPD
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
=2704.75/338.59
=7.99

* 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 Mar. 2026 is calculated as:

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

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=312.014/330.2130*330.2130
=312.014

Current CPI (Mar. 2026) = 330.2130.

Expeditors International of Washington Quarterly Data

Book Value per Share CPI Adj_Book
201606 181.612 241.018 248.822
201609 198.428 241.428 271.400
201612 211.451 241.432 289.207
201703 203.951 243.801 276.239
201706 198.820 244.955 268.020
201709 202.168 246.819 270.476
201712 221.796 246.524 297.090
201803 206.314 249.554 272.997
201806 213.926 251.989 280.334
201809 212.003 252.439 277.319
201812 227.364 251.233 298.840
201903 240.064 254.202 311.847
201906 231.692 256.143 298.691
201909 255.976 256.759 329.206
201912 244.062 256.974 313.621
202003 287.089 258.115 367.280
202006 298.754 257.797 382.675
202009 326.609 260.280 414.364
202012 312.507 260.474 396.177
202103 348.109 264.877 433.975
202106 362.357 271.696 440.400
202109 414.823 274.310 499.362
202112 428.710 278.802 507.764
202203 456.933 287.504 524.811
202206 435.282 296.311 485.084
202209 440.174 296.808 489.714
202212 392.922 296.797 437.161
202303 371.469 301.836 406.393
202306 297.637 305.109 322.126
202309 298.304 307.789 320.037
202312 282.029 306.746 303.605
202403 258.197 312.332 272.979
202406 283.520 314.175 297.993
202409 331.528 315.301 347.207
202412 335.953 315.605 351.503
202503 342.004 319.799 353.141
202506 305.895 322.561 313.152
202509 312.136 324.800 317.338
202512 316.803 324.054 322.824
202603 312.014 330.213 312.014

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 7.99 mean?
Expeditors International of Washington (MEX:EXPD) has a Cyclically Adjusted PB Ratio of 7.99 as of Jul. 14, 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 11% above median its historical median of 7.20. 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 #716 out of 739 companies in the Transportation industry, placing it in the top 96.9%.
Is Expeditors International of Washington's Cyclically Adjusted PB Ratio too high?
Expeditors International of Washington's current Cyclically Adjusted PB Ratio of 7.99 is 11% above median its 10-year median of 7.20. 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 1.25. Expeditors International of Washington's value of 7.99 is 539.2% above this industry median. Based on the distribution chart, Expeditors International of Washington ranks #716 out of 739 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Expeditors International of Washington has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does Expeditors International of Washington's Cyclically Adjusted PB Ratio compare to CHRW and FDXF?
According to the Transportation industry distribution chart, Expeditors International of Washington ranks #716 out of 739 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 1.25. Expeditors International of Washington's value of 7.99 is 539.2% 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 7.20 vs. the industry median of 1.25, 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 1.25, based on 739 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 7.99 is 539.2% 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 1.25 — 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 7.99, which is 11% above median its own 10-year median of 7.20. 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 (MEX:EXPD) has a current Cyclically Adjusted PB Ratio of 7.99. The stock's GF Value™ is MXN2,262.59, compared to a current price of MXN2,704.75 — trading 19.5% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 7.99, which is 11% above median its 10-year median of 7.20 and 539.2% above the Transportation industry median of 1.25. Expeditors International of Washington's overall GF Score™ is 77/100 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 (MEX:EXPD), the current Cyclically Adjusted PB Ratio is 7.99 as of Jul. 14, 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 (MEX:EXPD) Overvalued in 2026?

Based on GuruFocus' analysis, Expeditors International of Washington stock appears to be overvalued. The current stock price of MXN2,704.75 is trading 19.5% above its estimated GF Value™ of MXN2,262.59.

Key valuation signals for MEX:EXPD:

  • Cyclically Adjusted PB Ratio: 7.99 (11% above median its 10-year median of 7.20)
  • GF Value™: MXN2,262.59 vs. price of MXN2,704.75 (19.5% above fair value)
  • GF Score™: 77/100 with 7 warning signs
  • Industry Position: 539.2% above the Transportation median (#716 of 739)

No single metric tells the full story. See the MEX:EXPD 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.
77GF Score

Get the complete analysis for MEX:EXPD

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

MXN2,704.75
Price
MXN2,262.59
GF Value