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Old Dominion Freight Line (MEX:ODFL) 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 .
Old Dominion Freight Line Forward PE Ratio Related Terms
Old Dominion Freight Line Forward PE Ratio Historical Data
* 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.
Old Dominion Freight Line Forward PE Ratio Chart
Old Dominion Freight Line Annual Data
Trend
2020-12
2021-12
2022-12
2023-12
2024-12
2025-12
Forward PE Ratio
31.35
35.34
23.87
30.67
30.75
30.92
Old Dominion Freight Line Quarterly Data
2020-06
2020-09
2020-12
2021-06
2021-09
2021-12
2022-03
2022-06
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
35.59
29.85
31.35
33.44
32.79
35.34
29.50
26.46
23.87
26.25
27.70
31.06
30.67
33.56
28.74
28.74
30.75
30.43
31.93
25.70
30.92
37.69
MEX:ODFL vs XPO, KNX, SAIA: Forward PE Ratio Comparison
For the Trucking subindustry, Old Dominion Freight Line'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.
Old Dominion Freight Line Forward PE Ratio vs Transportation Industry
For the Transportation industry and Industrials sector, Old Dominion Freight Line's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Old Dominion Freight Line's Forward PE Ratio falls into.
Old Dominion Freight Line 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.
Old Dominion Freight Line (MEX:ODFL) has a Forward PE Ratio of 40.31 as of Jul. 28, 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 Old Dominion Freight Line and its competitors. According to the industry distribution chart, Old Dominion Freight Line ranks #454 out of 490 companies in the Transportation industry, placing it in the top 92.7%.
Is Old Dominion Freight Line's Forward PE Ratio too high?
Old Dominion Freight Line's current Forward PE Ratio is 40.31. The Transportation industry median Forward PE Ratio is 13.70. Old Dominion Freight Line's value of 40.31 is 194.2% above this industry median. Based on the distribution chart, Old Dominion Freight Line ranks #454 out of 490 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Old Dominion Freight Line has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Old Dominion Freight Line's Forward PE Ratio compare to XPO and KNX?
According to the Transportation industry distribution chart, Old Dominion Freight Line ranks #454 out of 490 companies for Forward PE Ratio. This places Old Dominion Freight Line in the lower half of its industry. The industry median Forward PE Ratio is 13.70. Old Dominion Freight Line's value of 40.31 is 194.2% 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 13.70, based on 490 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. Old Dominion Freight Line's current Forward PE Ratio of 40.31 is 194.2% 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 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 Old Dominion Freight Line and its competitors. For the Transportation industry, the median Forward PE Ratio is 13.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Old Dominion Freight Line's current Forward PE Ratio is 40.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Old Dominion Freight Line stock overvalued right now?
Based on GuruFocus' analysis, Old Dominion Freight Line (MEX:ODFL) is currently considered Modestly Overvalued. The stock's GF Value™ is MXN3,204.51, compared to a current price of MXN3,900.00 — trading 21.7% above its estimated fair value. The current Forward PE Ratio is 40.31 and 194.2% above the Transportation industry median of 13.70. Old Dominion Freight Line's overall GF Score™ is 84/100 with 7 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 Old Dominion Freight Line (MEX:ODFL), the current Forward PE Ratio is 40.31 as of Jul. 28, 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 Old Dominion Freight Line (MEX:ODFL) Overvalued in 2026?
Based on GuruFocus' analysis, Old Dominion Freight Line stock appears to be overvalued.
The current stock price of MXN3,900.00 is trading 21.7% above its estimated GF Value™ of MXN3,204.51.
GuruFocus considers Old Dominion Freight Line to be Modestly Overvalued.
Key valuation signals for MEX:ODFL:
Forward PE Ratio: 40.31
GF Value™: MXN3,204.51 vs. price of MXN3,900.00 (21.7% above fair value)
Industry Position: 194.2% above the Transportation median (#454 of 490)
No single metric tells the full story. See the MEX:ODFL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Old Dominion Freight Line is the second-largest less-than-truckload carrier in the United States (following FedEx Freight), with roughly 260 service centers and 11,000-plus tractors. It is one of the most disciplined and efficient providers in the trucking industry, and its profitability and capital returns are well above those of its peers. Strategic initiatives focus on increasing network density through market-share gains and on maintaining industry-leading service (including ultralow cargo claims) through steadfast infrastructure investment.
84GF Score
Get the complete analysis for MEX:ODFL
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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