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Old Dominion Freight Line PE Ratio

: 44.55 (As of Today)
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The PE Ratio, or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). As of today (2021-10-25), Old Dominion Freight Line's share price is BRL86.25. Old Dominion Freight Line's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2021 was BRL1.94. Therefore, Old Dominion Freight Line's PE Ratio for today is 44.55.

Warning Sign:

Old Dominion Freight Line Inc stock PE Ratio (=43.89) is close to 10-year high of 43.89


The historical rank and industry rank for Old Dominion Freight Line's PE Ratio or its related term are showing as below:

BSP:O1DF34' s PE Ratio Range Over the Past 10 Years
Min: 13.57   Med: 21.89   Max: 43.89
Current: 43.89

13.57
43.89

During the past 13 years, the highest PE Ratio of Old Dominion Freight Line was 43.89. The lowest was 13.57. And the median was 21.89.


BSP:O1DF34's PE Ratio is ranked lower than
56% of the 114 Companies
in the Transportation industry.

( Industry Median: 18.35 vs. BSP:O1DF34: 43.89 )

Old Dominion Freight Line's Earnings per Share (Diluted) for the three months ended in Jun. 2021 was BRL0.58. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2021 was BRL1.94.

As of today (2021-10-25), Old Dominion Freight Line's share price is BRL86.25. Old Dominion Freight Line's EPS without NRI for the trailing twelve months (TTM) ended in Jun. 2021 was BRL1.94. Therefore, Old Dominion Freight Line's PE Ratio without NRI for today is 44.55.

During the past 13 years, Old Dominion Freight Line's highest PE Ratio without NRI was 43.89. The lowest was 13.57. And the median was 21.89.

Old Dominion Freight Line's EPS without NRI for the three months ended in Jun. 2021 was BRL0.58. Its EPS without NRI for the trailing twelve months (TTM) ended in Jun. 2021 was BRL1.94.

During the past 12 months, Old Dominion Freight Line's average EPS without NRI Growth Rate was 48.70% per year. During the past 3 years, the average EPS without NRI Growth Rate was 14.80% per year. During the past 5 years, the average EPS without NRI Growth Rate was 21.80% per year. During the past 10 years, the average EPS without NRI Growth Rate was 23.80% per year.

During the past 13 years, Old Dominion Freight Line's highest 3-Year average EPS without NRI Growth Rate was 62.90% per year. The lowest was -21.80% per year. And the median was 18.90% per year.

Old Dominion Freight Line's EPS (Basic) for the three months ended in Jun. 2021 was BRL0.59. Its EPS (Basic) for the trailing twelve months (TTM) ended in Jun. 2021 was BRL1.95.


Old Dominion Freight Line PE Ratio Historical Data

The historical data trend for Old Dominion Freight Line's 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.

* Premium members only.

Old Dominion Freight Line Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
PE Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 24.10 23.37 16.73 24.81 34.36

Old Dominion Freight Line Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
PE Ratio 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 Premium Member Only Premium Member Only Premium Member Only 34.40 34.33 34.36 38.34 34.62

Competitive Comparison

For the Trucking subindustry, Old Dominion Freight Line's PE Ratio, along with its competitors' market caps and 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 PE Ratio Distribution

For the Transportation industry and Industrials sector, Old Dominion Freight Line's PE Ratio distribution charts can be found below:

* The bar in red indicates where Old Dominion Freight Line's PE Ratio falls into.



Old Dominion Freight Line PE Ratio Calculation

The PE Ratio, or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). It is the most widely used ratio in the valuation of stocks.

Old Dominion Freight Line's PE Ratio for today is calculated as

PE Ratio=Share Price/Earnings per Share (Diluted) (TTM)
=86.25/1.936
=44.55

Old Dominion Freight Line's Share Price of today is BRL86.25.
Old Dominion Freight Line's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was BRL1.94.

* 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:


There are at least three kinds of PE Ratios used by different investors. They are Trailing Twelve Month PE Ratio or PE Ratio (TTM), Forward PE Ratio, or PE Ratio without NRI. A new PE Ratio based on inflation-adjusted normalized PE Ratio is called Shiller PE Ratio, after Yale professor Robert Shiller.

In the calculation of PE Ratio, the earnings per share used are the earnings per share over the past 12 months. For Forward PE Ratio, the earnings are the expected earnings for the next twelve months. In the case of PE Ratio without NRI, the reported earnings less the non-recurring items are used.

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. Since it looks at the average over the last 10 years, Shiller PE Ratio is also called PE10.


Old Dominion Freight Line  (BSP:O1DF34) PE Ratio Explanation

The PE Ratio can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. For example, if a company earns $2 a share per year, and the stock is traded at $30, the PE Ratio is 15. Therefore it takes 15 years for the company to earn back the $30 you paid for its stock, assuming the earnings stays constant over the next 15 years.

In real business, earnings never stay constant. If a company can grow its earnings, it takes fewer years for the company to earn back the price you pay for the stock. If a company's earnings decline it takes more years. As a shareholder, you want the company to earn back the price you pay as soon as possible. Therefore, lower P/E stocks are more attractive than higher P/E stocks so long as the PE Ratio is positive. Also for stocks with the same PE Ratio, the one with faster growth business is more attractive.

If a company loses money, the PE Ratio becomes meaningless.

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the PE Ratio divided by the growth ratio. He thinks a company with a PE Ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a PE Ratio of 20, instead of a company growing 10% a year with a PE Ratio of 10.

Because the PE Ratio measures how long it takes to earn back the price you pay, the PE Ratio can be applied to the stocks across different industries. That is why it is the one of the most important and widely used indicators for the valuation of stocks.

Similar to the PE Ratio without NRI or PS Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PE Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

Investors need to be aware that the PE Ratio can be misleading a lot of times, especially when the underlying business is cyclical and unpredictable. As Peter Lynch pointed out, cyclical businesses have higher profit margins at the peaks of the business cycles. Their earnings are high and PE Ratios are artificially low. It is usually a bad idea to buy a cyclical business when the PE Ratio is low. A better ratio to identify the time to buy a cyclical businesses is the PS Ratio .

PE Ratio can also be affected by non-recurring-items 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 PE Ratio Related Terms

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Old Dominion Freight Line Business Description

Old Dominion Freight Line logo
Industry
Industrials » Transportation NAICS : 484121 SIC : 4213
Comparable Companies
Traded in Other Exchanges
Address
500 Old Dominion Way, Thomasville, NC, USA, 27360
Old Dominion Freight Line is the third- largest less-than-truckload carrier in the United States, with more than 240 service centers and 9,200-plus tractors. OD is by far one of the most disciplined and efficient providers in the trucking industry, and its profitability and capital returns stand head and shoulders above its peers. Strategic initiatives revolve around increasing network density through market share gains and maintaining industry- leading service via consistent infrastructure investment.

Old Dominion Freight Line Headlines

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