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American Express AXP

US equityMarket cap rank #74Credit Card PaymentDigital Payment
$302.40
+$0.44 (+0.14%)
Market open · Sep 24, 1:10 pm ET
After hours $302.73 +0.26%
Open$302.46
Prev close$301.96
Day range$299.91 – $303.91
Volume1.18M
Market cap$204.15B
P/E (TTM)18.3
Dividend yield1.17%

Valuation

Multiples measured against the stock's own five-year history

Price / earnings19.9x
CheapRich

Above its usual level · 66th percentile, 5-year average 18.9x

#1526 of 2977 stocks by PE (1 = cheapest)

Price / book6.5x
CheapRich

Above its usual level · 70th percentile, 5-year average 5.9x

#4532 of 5303 stocks by PB (1 = cheapest)

Price / sales2.9x
CheapRich

Around its usual level · 55th percentile, 5-year average 2.8x

#2976 of 5143 stocks by PS (1 = cheapest)

P/E over five years

13x17x22x27xSep '21Mar '24Sep '26

Dashed line is the 5-year average; the shaded band is one standard deviation either side.

Morningstar fair value estimate

Fair value$335.00
Price vs. fair value-9.7%Trading below the estimate
Star rating★★★☆☆
Economic moatWide
UncertaintyMedium
MultipleCurrent5y averagePercentile vs. own historyIndustry rank
PB 6.46 5.85 70% (pricier than usual) #4532 of 5303 (1 = cheapest)
PE 19.89 18.90 66% (pricier than usual) #1526 of 2977 (1 = cheapest)
PS 2.91 2.80 55% (pricier than usual) #2976 of 5143 (1 = cheapest)

Percentile is against this stock’s own 5-year valuation range: higher means it’s trading rich relative to its own history, lower means cheap relative to its own history — it is not a comparison against other companies.

Morningstar view

Star rating★★★
Fair value estimate$335.00
Economic moatWide
UncertaintyMedium
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