Old Dominion Freight Line Inc

NASDAQ ODFL

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Old Dominion Freight Line Inc Price to Book Ratio (P/B) on June 03, 2024: 8.36

Old Dominion Freight Line Inc Price to Book Ratio (P/B) is 8.36 on June 03, 2024, a -8.82% change year over year. The price to book ratio compares the market price per share of a company's stock to its book value per share. It is calculated by dividing the market capitalization by the shareholders' equity minus treasury stock, divided by the number of outstanding shares. This ratio provides insights into how the market values a company relative to its book value. A ratio above 1 indicates the market values the company more than its book value, suggesting positive market sentiment.

Old Dominion Freight Line Inc 52-week high Price to Book Ratio (P/B) is 12.46 on September 01, 2023, which is 49.03% above the current Price to Book Ratio (P/B).
Old Dominion Freight Line Inc 52-week low Price to Book Ratio (P/B) is 4.86 on April 24, 2024, which is -41.84% below the current Price to Book Ratio (P/B).
Old Dominion Freight Line Inc average Price to Book Ratio (P/B) for the last 52 weeks is 10.63.

NASDAQ: ODFL

Old Dominion Freight Line Inc

CEO	Mr. David S. Congdon
IPO Date	Oct. 24, 1991
Location	United States
Headquarters	500 Old Dominion Way, Thomasville, NC, United States, 27360
Employees	22,891
Sector	Industrials
Industry	Trucking

Description

Old Dominion Freight Line, Inc. operates as a less-than-truckload motor carrier in the United States and North America. The company offers regional, inter-regional, and national less-than-truckload services, as well as expedited transportation. It also provides various value-added services, including container drayage, truckload brokerage, and supply chain consulting. As of December 31, 2023, it owned and operated 10,791 tractors, 31,233 linehaul trailers, and 15,181 pickup and delivery trailers; 46 fleet maintenance centers; and 257 service centers. Old Dominion Freight Line, Inc. was founded in 1934 and is headquartered in Thomasville, North Carolina.

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