United Parcel Service (NYSE:UPS) Forward PE Ratio Explanation
The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.
Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .
United Parcel Service Forward PE Ratio Related Terms
United Parcel Service Forward PE Ratio Historical Data
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The historical data trend for United Parcel Service's Forward PE 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.
United Parcel Service Forward PE Ratio Chart
United Parcel Service Annual Data
Trend
2015-12
2016-12
2017-12
2018-12
2019-12
2020-12
2021-12
2022-12
2023-12
2024-12
2025-12
Forward PE Ratio
16.72
18.45
18.32
12.18
14.41
19.31
17.57
13.95
15.97
14.43
14.08
United Parcel Service Quarterly Data
2015-12
2016-03
2016-06
2016-09
2016-12
2017-03
2017-06
2017-09
2017-12
2018-03
2018-06
2018-09
2018-12
2019-03
2019-06
2019-09
2019-12
2020-03
2020-06
2020-09
2020-12
2021-03
2021-06
2021-09
2021-12
2022-03
2022-06
2022-09
2022-12
2023-03
2023-06
2023-09
2023-12
2024-03
2024-06
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
Forward PE Ratio
16.72
16.86
17.99
17.36
18.45
18.02
18.55
18.48
18.32
14.43
14.66
14.73
12.18
14.79
13.76
14.56
14.41
12.36
18.80
20.37
19.31
18.62
19.46
15.60
17.57
16.81
14.33
12.17
13.95
16.95
16.64
14.39
15.97
17.73
16.75
14.84
14.43
13.92
14.37
11.56
14.08
13.46
UPS vs FDX, JBHT, FDXF: Forward PE Ratio Comparison
For the Integrated Freight & Logistics subindustry, United Parcel Service's Forward PE Ratio, along with its competitors' market caps and Forward PE 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.
United Parcel Service Forward PE Ratio vs Transportation Industry
For the Transportation industry and Industrials sector, United Parcel Service's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where United Parcel Service's Forward PE Ratio falls into.
United Parcel Service Forward PE Ratio Calculation
It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.
United Parcel Service (UPS) has a Forward PE Ratio of 15.54 as of Jul. 06, 2026. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on United Parcel Service and its competitors. According to the industry distribution chart, United Parcel Service ranks #279 out of 488 companies in the Transportation industry, placing it in the top 57.2%.
Is United Parcel Service's Forward PE Ratio too high?
United Parcel Service's current Forward PE Ratio is 15.54. The Transportation industry median Forward PE Ratio is 13.50. United Parcel Service's value of 15.54 is 15.1% above this industry median. Based on the distribution chart, United Parcel Service ranks #279 out of 488 companies in the Transportation industry, which is below the industry midpoint. Overall, United Parcel Service has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does United Parcel Service's Forward PE Ratio compare to FDX and JBHT?
According to the Transportation industry distribution chart, United Parcel Service ranks #279 out of 488 companies for Forward PE Ratio. This places United Parcel Service in the lower half of its industry. The industry median Forward PE Ratio is 13.50. United Parcel Service's value of 15.54 is 15.1% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward PE Ratio for a Transportation company?
The median Forward PE Ratio among Transportation companies is 13.50, based on 488 companies in the industry. Companies in the top quartile (top 25%) have a Forward PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Forward PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. United Parcel Service's current Forward PE Ratio of 15.54 is 15.1% 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 Forward PE Ratio mean?
A high Forward PE Ratio can signal that a stock is expensive relative to its fundamentals. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on United Parcel Service and its competitors. For the Transportation industry, the median Forward PE Ratio is 13.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. United Parcel Service's current Forward PE Ratio is 15.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is United Parcel Service stock overvalued right now?
Based on GuruFocus' analysis, United Parcel Service (UPS) is currently considered Modestly Undervalued. The stock's GF Value™ is $128.14, compared to a current price of $110.39 — trading 13.8% below its estimated fair value. The current Forward PE Ratio is 15.54 and 15.1% above the Transportation industry median of 13.50. United Parcel Service's overall GF Score™ is 76/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward PE Ratio calculated?
Forward PE Ratio is calculated from a company's financial statements. For United Parcel Service (UPS), the current Forward PE Ratio is 15.54 as of Jul. 06, 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 United Parcel Service (UPS) Overvalued in 2026?
Based on GuruFocus' analysis, United Parcel Service stock appears to be undervalued.
The current stock price of $110.39 is trading 13.8% below its estimated GF Value™ of $128.14.
GuruFocus considers United Parcel Service to be Modestly Undervalued.
Key valuation signals for UPS:
Forward PE Ratio: 15.54
GF Value™: $128.14 vs. price of $110.39 (13.8% below fair value)
Industry Position: 15.1% above the Transportation median (#279 of 488)
No single metric tells the full story. See the UPS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
As the world's largest parcel delivery company, UPS manages a massive fleet of more than 500 planes and 100,000 vehicles, along with many hundreds of sorting facilities, to deliver an average of about 22 million packages per day to residences and businesses across the globe. UPS' domestic US package operations generate around 65% of total revenue, while international package makes up 20%. Air and ocean freight forwarding and contract logistics make up the remainder.
76GF Score
Get the complete analysis for UPS
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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