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

As of 21 November 2025, the valuation grade for Expeditors International of Washington, Inc. has moved from fair to expensive, indicating that the stock is overvalued. The company exhibits a P/E ratio of 18, a Price to Book Value of 6.73, and an EV to EBITDA of 12.42, which are relatively high compared to its peers. For instance, C.H. Robinson Worldwide, Inc. has a significantly higher P/E of 38.28, reinforcing the perception of Expeditors as overvalued in its industry.
Despite its strong performance metrics, including a PEG ratio of 0.68 and a remarkable ROCE of 100.43%, the stock's recent returns show a concerning trend. Over the past three years, Expeditors has returned 26.12%, while the S&P 500 has outperformed with a return of 67.17%. This disparity suggests that while the company has performed well, it may not justify its current valuation relative to broader market performance.