P/E ratio for MSC Industrial Direct (MSM)

P/E ratio history for MSC Industrial Direct 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
DXP Enterprises DXPE	22.6	70.37%	🇺🇸 USA
Fastenal FAST	41.7	215.15%	🇺🇸 USA
Applied Industrial Technologies AIT	29.3	121.56%	🇺🇸 USA
W. W. Grainger GWW	33.3	151.63%	🇺🇸 USA
WESCO International WCC	13.7	3.53%	🇺🇸 USA
Kaman KAMN	-26.7	-301.90%	🇺🇸 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.