FedEx (MEX:FDX) Shiller PE Ratio: 19.99 (As of Aug. 29, 2026) — Near Median

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MEX:FDX FedEx Corp MEX:FDX
59 GF Score
Price MXN5,575.00
GF Value MXN4,088.67
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is FedEx Shiller PE Ratio?

FedEx MEX:FDX 59 Shiller PE Ratio is 19.99 as of Aug. 29, 2026, which is 8% above its 10-year median of 18.51. GuruFocus rates MEX:FDX with a GF Score™ of 59/100 and a GF Value™ of MXN4,088.67 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 599 Transportation companies, FedEx ranks worse than 58.1% on this metric.

As of today (2026-08-29), FedEx's current share price is MXN5575.00. FedEx's E10 for the quarter that ended in May. 2026 was MXN278.88. FedEx's Shiller PE Ratio for today is 19.99.

The historical rank and industry rank for FedEx's Shiller PE Ratio or its related term are showing as below:

MEX:FDX' s Shiller PE Ratio Range Over the Past 10 Years
Min: 11.15   Med: 18.51   Max: 39.24
Current: 20.53

During the past years, FedEx's highest Shiller PE Ratio was 39.24. The lowest was 11.15. And the median was 18.51.

MEX:FDX's Shiller PE Ratio is ranked worse than
58.1% of 599 companies
in the Transportation industry
Industry Median: 18.25 vs MEX:FDX: 20.53

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

FedEx's adjusted earnings per share data for the three months ended in May. 2026 was MXN114.509. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is MXN278.88 for the trailing ten years ended in May. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


FedEx  (MEX:FDX) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


FedEx Shiller PE Ratio Related Terms


FedEx Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for FedEx's Shiller 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.

FedEx Shiller PE Ratio Chart

FedEx Annual Data
Trend May17 May18 May19 May20 May21 May22 May23 May24 May25 May26
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.33 14.90 15.73 12.09 20.57

FedEx Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
Shiller PE 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 12.09 12.70 15.07 20.72 20.57

MEX:FDX vs UPS, JBHT, FDXF: Shiller PE Ratio Comparison

For the Integrated Freight & Logistics subindustry, FedEx's Shiller PE Ratio, along with its competitors' market caps and Shiller 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.


FedEx Shiller PE Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, FedEx's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where FedEx's Shiller PE Ratio falls into.


MEX:FDX
59GF Score
FedEx Corp MEX:FDX
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

FedEx Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

FedEx's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=5575.00/278.88
=19.99

* 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.

FedEx's E10 for the quarter that ended in May. 2026 is calculated as:

For example, FedEx's adjusted earnings per share data for the three months ended in May. 2026 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of May. 2026 (Change)*Current CPI (May. 2026)
=114.509/335.1230*335.1230
=114.509

Current CPI (May. 2026) = 335.1230.

FedEx Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201608 49.950 240.849 69.502
201611 52.982 241.353 73.566
201702 41.395 243.603 56.947
201705 69.956 244.733 95.794
201708 38.955 245.519 53.172
201711 52.919 246.669 71.895
201802 142.999 248.991 192.466
201805 83.002 251.588 110.561
201808 59.562 252.146 79.163
201811 71.244 252.038 94.730
201902 53.942 252.776 71.515
201905 -148.569 256.092 -194.418
201908 56.991 256.558 74.443
201911 41.627 257.208 54.237
202002 23.676 258.678 30.673
202005 -28.378 256.394 -37.092
202008 103.274 259.918 133.155
202011 91.682 260.229 118.068
202102 69.086 263.014 88.027
202105 137.118 269.195 170.699
202108 82.103 273.567 100.577
202111 83.238 277.948 100.360
202202 85.693 283.716 101.220
202205 41.918 292.296 48.060
202208 66.886 296.171 75.683
202211 59.454 297.711 66.925
202302 55.952 300.840 62.328
202305 107.380 304.127 118.324
202308 71.407 307.026 77.942
202311 61.684 307.051 67.323
202402 59.874 310.326 64.658
202405 100.944 314.069 107.711
202408 63.319 314.796 67.408
202411 61.754 315.493 65.596
202502 77.176 319.082 81.056
202505 133.679 321.465 139.359
202508 65.257 323.976 67.502
202511 74.014 324.122 76.526
202602 75.943 326.785 77.881
202605 114.509 335.123 114.509

Add all the adjusted EPS together and divide 10 will get our E10.

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.

Frequently Asked Questions Learn more about Shiller PE Ratio →
What does a Shiller PE Ratio of 19.99 mean?
FedEx (MEX:FDX) has a Shiller PE Ratio of 19.99 as of Aug. 29, 2026. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on FedEx and its competitors. This is near median its historical median of 18.51. Over the past decade, FedEx's Shiller PE Ratio has ranged from 11.15 to 39.24. According to the industry distribution chart, FedEx ranks #348 out of 599 companies in the Transportation industry, placing it in the top 58.1%.
Is FedEx's Shiller PE Ratio too high?
FedEx's current Shiller PE Ratio of 19.99 is near median its 10-year median of 18.51. Over the past 10 years, this metric has ranged from a low of 11.15 to a high of 39.24. The Transportation industry median Shiller PE Ratio is 18.25. FedEx's value of 19.99 is 9.5% above this industry median. Based on the distribution chart, FedEx ranks #348 out of 599 companies in the Transportation industry, which is below the industry midpoint. Overall, FedEx has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does FedEx's Shiller PE Ratio compare to UPS and JBHT?
According to the Transportation industry distribution chart, FedEx ranks #348 out of 599 companies for Shiller PE Ratio. This places FedEx in the lower half of its industry. The industry median Shiller PE Ratio is 18.25. FedEx's value of 19.99 is 9.5% above this benchmark. Historically, FedEx's own Shiller PE Ratio has ranged from 11.15 to 39.24 over the past decade. While the company's 10-year median is 18.51 vs. the industry median of 18.25, FedEx 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 Shiller PE Ratio for a Transportation company?
The median Shiller PE Ratio among Transportation companies is 18.25, based on 599 companies in the industry. Companies in the top quartile (top 25%) have a Shiller PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Shiller PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. FedEx's current Shiller PE Ratio of 19.99 is 9.5% 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 Shiller PE Ratio mean?
A high Shiller PE Ratio can signal that a stock is expensive relative to its fundamentals. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on FedEx and its competitors. For the Transportation industry, the median Shiller PE Ratio is 18.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FedEx's current Shiller PE Ratio is 19.99, which is near median its own 10-year median of 18.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FedEx stock overvalued right now?
Based on GuruFocus' analysis, FedEx (MEX:FDX) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN4,088.67, compared to a current price of MXN5,575.00 — trading 36.4% above its estimated fair value. The current Shiller PE Ratio is 19.99, which is near median its 10-year median of 18.51 and 9.5% above the Transportation industry median of 18.25. FedEx's overall GF Score™ is 59/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shiller PE Ratio calculated?
Shiller PE Ratio is calculated from a company's financial statements. For FedEx (MEX:FDX), the current Shiller PE Ratio is 19.99 as of Aug. 29, 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 FedEx (MEX:FDX) Overvalued in 2026?

Based on GuruFocus' analysis, FedEx stock appears to be overvalued. The current stock price of MXN5,575.00 is trading 36.4% above its estimated GF Value™ of MXN4,088.67. GuruFocus considers FedEx to be Significantly Overvalued.

Key valuation signals for MEX:FDX:

  • Shiller PE Ratio: 19.99 (near median its 10-year median of 18.51)
  • GF Value™: MXN4,088.67 vs. price of MXN5,575.00 (36.4% above fair value)
  • GF Score™: 59/100 with 7 warning signs
  • Industry Position: 9.5% above the Transportation median (#348 of 599)

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


FedEx Business Description

Address 942 South Shady Grove Road, Memphis, TN, USA, 38120
FedEx pioneered overnight delivery in 1973 and remains the world's largest express package provider. Following the June 2026 spinoff of FedEx Freight (less-than-truckload shipping), the firm's Federal Express segment—which houses the core package delivery operations—makes up more than 95% of total revenue (previously 87%). The remainder stems from other services, including FedEx Office, which provides document production/shipping, and FedEx Logistics, which provides global forwarding. FedEx acquired Dutch parcel delivery firm TNT Express in 2016, boosting its presence across Europe. TNT was previously the fourth-largest global parcel delivery provider.
59GF Score

Get the complete analysis for MEX:FDX

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

MXN5,575.00
Price
MXN4,088.67
GF Value