P/E ratio for ePlus (PLUS)
P/E ratio as of April 2024 (TTM): 15.6
According to ePlus's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 15.5833. At the end of 2022 the company had a P/E ratio of 10.6.
P/E ratio history for ePlus from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 10.6 | -28.19% |
| 2021 | 14.8 | -9.16% |
| 2020 | 16.3 | 2.79% |
| 2019 | 15.9 | -5.88% |
| 2018 | 16.9 | -8.27% |
| 2017 | 18.4 | 14.12% |
| 2016 | 16.1 | 4% |
| 2015 | 15.5 | 24.24% |
| 2014 | 12.5 | -4.79% |
| 2013 | 13.1 | 21.65% |
| 2012 | 10.8 | 6.59% |
| 2011 | 10.1 | 23.47% |
| 2010 | 8.18 | -40.05% |
| 2009 | 13.6 | 133.69% |
| 2008 | 5.84 | 13.52% |
| 2007 | 5.14 | -37% |
| 2006 | 8.16 | 61.38% |
| 2005 | 5.06 | -63.16% |
| 2004 | 13.7 | 20.19% |
| 2003 | 11.4 | 50.72% |
| 2002 | 7.58 | -32.53% |
| 2001 | 11.2 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Microsoft MSFT | 37.3 | 139.13% | 🇺🇸 USA |
 Oracle ORCL | 34.5 | 121.70% | 🇺🇸 USA |
 IBM IBM | 23.8 | 52.64% | 🇺🇸 USA |
 CDW Corporation CDW | 29.7 | 90.76% | 🇺🇸 USA |
 HP HPQ | 12.0 | -23.26% | 🇺🇸 USA |
 American Software AMSWA | 33.6 | 115.78% | 🇺🇸 USA |
 Insight Enterprises
NSIT | 22.8 | 46.15% | 🇺🇸 USA |
 TD Synnex SNX | 16.0 | 2.84% | 🇺🇸 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.