P/E ratio for CDW Corporation (CDW)
P/E ratio as of April 2024 (TTM): 29.0
According to CDW Corporation's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 29.0271. At the end of 2022 the company had a P/E ratio of 21.7.
P/E ratio history for CDW Corporation from 2013 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 21.7 | -24.33% |
| 2021 | 28.6 | 20.18% |
| 2020 | 23.8 | -15.41% |
| 2019 | 28.2 | 48.08% |
| 2018 | 19.0 | -7.46% |
| 2017 | 20.6 | 2.62% |
| 2016 | 20.0 | 12.94% |
| 2015 | 17.7 | -27.37% |
| 2014 | 24.4 | -10.96% |
| 2013 | 27.4 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Apple AAPL | 25.9 | -10.92% | 🇺🇸 USA |
 HP HPQ | 11.8 | -59.30% | 🇺🇸 USA |
 ePlus PLUS | 15.3 | -47.29% | 🇺🇸 USA |
 Insight Enterprises
NSIT | 22.6 | -22.06% | 🇺🇸 USA |
 Systemax
SYX | N/A | N/A | 🇺🇸 USA |
 TD Synnex SNX | 16.3 | -43.78% | 🇺🇸 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.