The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-04-23), Knight-Swift Transportation Holdings's share price is $48.15. Knight-Swift Transportation Holdings's Book Value per Share for the quarter that ended in Dec. 2023 was $43.92. Hence, Knight-Swift Transportation Holdings's PB Ratio of today is 1.10.
Good Sign:
Knight-Swift Transportation Holdings Inc stock PB Ratio (=1.1) is close to 3-year low of 1.09
The historical rank and industry rank for Knight-Swift Transportation Holdings's PB Ratio or its related term are showing as below:
KNX'
s PB Ratio Range Over the Past 10 Years
Min: 0.78 Med: 1.4 Max: 3.83
Current: 1.1
During the past 13 years, Knight-Swift Transportation Holdings's highest PB Ratio was 3.83. The lowest was 0.78. And the median was 1.40.
KNX's PB Ratio is ranked better than 58.69% of 932
companies
in the Transportation industry
Industry Median: 1.305
vs KNX: 1.10
During the past 12 months, Knight-Swift Transportation Holdings's average Book Value Per Share Growth Rate was 1.60% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 7.60% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 7.60% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 18.10% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Knight-Swift Transportation Holdings was 39.90% per year. The lowest was -0.50% per year. And the median was 18.00% per year.
Back to Basics: PB Ratio
Knight-Swift Transportation Holdings PB Ratio Historical Data
The historical data trend for Knight-Swift Transportation Holdings's 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.
* Premium members only.
Knight-Swift Transportation Holdings Annual Data
Trend
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Dec23
PB Ratio
1.08
1.19
1.55
1.21
1.31
Knight-Swift Transportation Holdings Quarterly Data
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Sep22
Dec22
Mar23
Jun23
Sep23
Dec23
PB Ratio
1.21
1.30
1.27
1.14
1.31
Competitive Comparison
For the Trucking subindustry, Knight-Swift Transportation Holdings's PB Ratio, along with its competitors' market caps and 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.
Knight-Swift Transportation Holdings PB Ratio Distribution
For the Transportation industry and Industrials sector, Knight-Swift Transportation Holdings's PB Ratio distribution charts can be found below:
* The bar in red indicates where Knight-Swift Transportation Holdings's PB Ratio falls into.
Knight-Swift Transportation Holdings PB Ratio Calculation
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.
Knight-Swift Transportation Holdings's PB Ratio for today is calculated as follows:
* 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:
A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.
Knight-Swift Transportation Holdings (NYSE:KNX) PB Ratio Explanation
The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.
Knight-Swift Transportation Holdings PB Ratio Related Terms
Thank you for viewing the detailed overview of Knight-Swift Transportation Holdings's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Knight-Swift Transportation Holdings (Knight-Swift Transportation Holdings) Business Description
Knight-Swift is the largest truckload, or TL, carrier in the U.S., with a diversified transportation offering. Pro forma for the U.S. Xpress deal, 74% of revenue derives from Knight's asset-based trucking business, with full-truckload (for-hire dry van, refrigerated, and dedicated contract) making up 63% and LTL at 11%. Truck brokerage and other asset-light logistics services make up 14% of revenue, with intermodal near 6%. Knight's intermodal operations use the Class-I railroads for the underlying movement of its shipping containers and also include drayage (regional trucking services to and from inland intermodal ramps/terminals). The remainder of revenue (6%) reflects services offered to shippers and third-party truckers including insurance, equipment maintenance, and equipment leasing.
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