Insight Enterprises
NSIT
#2348
Rank
$5.94 B
Marketcap
$182.57
Share price
-0.97%
Change (1 day)
52.64%
Change (1 year)

P/E ratio for Insight Enterprises (NSIT)

P/E ratio as of April 2024 (TTM): 22.8

According to Insight Enterprises 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 22.8213. At the end of 2022 the company had a P/E ratio of 12.5.

P/E ratio history for Insight Enterprises from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202212.5-26.65%
202117.09.71%
202015.5-1.23%
201915.777.5%
20188.84-41.13%
201715.0-12.74%
201617.237.7%
201512.5-10.7%
201414.01.68%
201313.864.81%
20128.3520.7%
20116.92-14.31%
20108.07-48.39%
200915.6-1272.15%
2008-1.33-111.63%
200711.5-2.73%
200611.8-33.24%
200517.742.92%
200412.4-50.03%
200324.7-463.16%
2002-6.81-122.98%
200129.6

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
35.9 57.53%๐Ÿ‡บ๐Ÿ‡ธ USA
22.2-2.87%๐Ÿ‡บ๐Ÿ‡ธ USA
30.0 31.36%๐Ÿ‡บ๐Ÿ‡ธ USA
12.0-47.28%๐Ÿ‡บ๐Ÿ‡ธ USA
N/AN/A๐Ÿ‡บ๐Ÿ‡ธ USA
16.8-26.21%๐Ÿ‡บ๐Ÿ‡ธ 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.