Is Expeditors International of Washington, Inc. overvalued or undervalued?

As of 10 September 2025, the valuation grade for Expeditors International of Washington, Inc. has moved from attractive to fair. The company appears to be fairly valued based on its current metrics. Key ratios include a P/E ratio of 18, an EV to EBITDA of 12.42, and a PEG ratio of 0.68, which suggest that the company is reasonably priced relative to its earnings growth potential.
In comparison to its peers, Expeditors has a lower P/E ratio than C.H. Robinson Worldwide, Inc., which is at 38.28, indicating that Expeditors may be more attractively priced within the industry. Despite its fair valuation, the company's stock has underperformed relative to the S&P 500 over the past year, returning only 0.53% compared to the index's 17.14%. This underperformance may indicate that the market is not fully recognizing the company's value at this time.