P/E ratio for Henry Schein (HSIC)
P/E ratio as of April 2024 (TTM): 21.1
According to Henry Schein 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 21.0899. At the end of 2022 the company had a P/E ratio of 20.3.
P/E ratio history for Henry Schein from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 20.3 | 17.66% |
| 2021 | 17.2 | -27.07% |
| 2020 | 23.6 | 67.49% |
| 2019 | 14.1 | -19.38% |
| 2018 | 17.5 | -17.96% |
| 2017 | 21.3 | 12.38% |
| 2016 | 19.0 | -11.59% |
| 2015 | 21.5 | 10.96% |
| 2014 | 19.3 | 8.58% |
| 2013 | 17.8 | 25.41% |
| 2012 | 14.2 | 14.7% |
| 2011 | 12.4 | -7.14% |
| 2010 | 13.3 | 13.48% |
| 2009 | 11.8 | 9.87% |
| 2008 | 10.7 | -46.24% |
| 2007 | 19.9 | -4.17% |
| 2006 | 20.8 | -1.72% |
| 2005 | 21.1 | -31.34% |
| 2004 | 30.8 | 66.74% |
| 2003 | 18.5 | 29.88% |
| 2002 | 14.2 | 0.57% |
| 2001 | 14.1 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 IDEXX Laboratories IDXX | 49.8 | 136.27% | 🇺🇸 USA |
 AmerisourceBergen
ABC | 21.7 | 2.94% | 🇺🇸 USA |
 Cardinal Health CAH | 102 | 385.29% | 🇺🇸 USA |
 McKesson MCK | 20.9 | -1.00% | 🇺🇸 USA |
 Patterson Companies
PDCO | 11.8 | -44.28% | 🇺🇸 USA |
 Allscripts MDRX | 15.9 | -24.61% | 🇺🇸 USA |
 Owens & Minor
OMI | -19.8 | -193.99% | 🇺🇸 USA |
 Petco WOOF | 12.2 | -42.37% | 🇺🇸 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.