P/E ratio for TESSCO Technologies (TESS)

P/E ratio history for TESSCO Technologies from 2001 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
Richardson Electronics RELL	9.89	-151.69%	🇺🇸 USA
Avnet AVT	6.03	-131.54%	🇺🇸 USA
Arrow Electronics ARW	7.39	-138.65%	🇺🇸 USA
Systemax SYX	N/A	N/A	🇺🇸 USA
TD Synnex SNX	17.0	-189.13%	🇺🇸 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.