Arrow Electronics
ARW
#2129
Rank
$7.02 B
Marketcap
$130.11
Share price
3.19%
Change (1 day)
9.52%
Change (1 year)

P/E ratio for Arrow Electronics (ARW)

P/E ratio as of March 2024 (TTM): 7.18

According to Arrow Electronics 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.18443. At the end of 2022 the company had a P/E ratio of 4.75.

P/E ratio history for Arrow Electronics from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20224.75-45.46%
20218.71-32.17%
202012.8-135.6%
2019-36.1-528.84%
20188.41-52.52%
201717.742.59%
201612.421.05%
201510.3-10.31%
201411.4-17.75%
201313.969.49%
20128.2115.17%
20117.13-15.74%
20108.46-70.58%
200928.7-875.15%
2008-3.71-131.25%
200711.919.99%
20069.89-33.61%
200514.911.58%
200413.4-85%
200389.0-141.75%
2002-213434.7%
2001-39.9

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
25.0 248.52%๐Ÿ‡บ๐Ÿ‡ธ USA
7.40 3.05%๐Ÿ‡บ๐Ÿ‡ธ USA
5.68-20.94%๐Ÿ‡บ๐Ÿ‡ธ USA
16.6 131.65%๐Ÿ‡บ๐Ÿ‡ธ USA

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.