P/E ratio for Avnet (AVT)
P/E ratio as of April 2025 (TTM): 5.26
According to Avnet's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.26292. At the end of 2022 the company had a P/E ratio of 4.60.
P/E ratio history for Avnet from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 4.60 | -48.85% |
| 2021 | 9.00 | -120% |
| 2020 | -45.0 | -200.76% |
| 2019 | 44.7 | -238.6% |
| 2018 | -32.2 | -396.94% |
| 2017 | 10.9 | -30.46% |
| 2016 | 15.6 | 53.04% |
| 2015 | 10.2 | 1.95% |
| 2014 | 10.0 | -24.24% |
| 2013 | 13.2 | 57.91% |
| 2012 | 8.36 | 19.98% |
| 2011 | 6.97 | -25.71% |
| 2010 | 9.38 | -71.07% |
| 2009 | 32.4 | -1115.11% |
| 2008 | -3.19 | -129.14% |
| 2007 | 11.0 | -14.12% |
| 2006 | 12.8 | -33.88% |
| 2005 | 19.3 | 36.54% |
| 2004 | 14.1 | -94.78% |
| 2003 | 271 | -2625% |
| 2002 | -10.7 | -31.38% |
| 2001 | -15.6 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 | 5.43 | 3.09% | 🇺🇸 USA |
 | 14.7 | 179.45% | 🇺🇸 USA |
 | -48.4 | -1,019.17% | 🇺🇸 USA |
 | 9.99 | 89.76% | 🇺🇸 USA |
 | 6.43 | 22.10% | 🇺🇸 USA |
 | 31.0 | 489.92% | 🇺🇸 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.