P/E ratio for MSC Industrial Direct (MSM)
P/E ratio as of April 2024 (TTM): 14.6
According to MSC Industrial Direct's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.6003. At the end of 2022 the company had a P/E ratio of 12.9.
P/E ratio history for MSC Industrial Direct from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 12.9 | -32.7% |
| 2021 | 19.1 | -8.56% |
| 2020 | 20.9 | 35.3% |
| 2019 | 15.5 | 23.14% |
| 2018 | 12.6 | -45.78% |
| 2017 | 23.2 | -3.16% |
| 2016 | 23.9 | 58.24% |
| 2015 | 15.1 | -29.81% |
| 2014 | 21.6 | -1.4% |
| 2013 | 21.9 | 20.91% |
| 2012 | 18.1 | -8.29% |
| 2011 | 19.7 | -19.56% |
| 2010 | 24.5 | -6.68% |
| 2009 | 26.3 | 121.01% |
| 2008 | 11.9 | -19.27% |
| 2007 | 14.7 | -18.43% |
| 2006 | 18.0 | -21.5% |
| 2005 | 23.0 | -14.41% |
| 2004 | 26.9 | -17.98% |
| 2003 | 32.7 | 10.66% |
| 2002 | 29.6 | -23.61% |
| 2001 | 38.7 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Fastenal FAST | 34.1 | 133.66% | 🇺🇸 USA |
 W. W. Grainger
GWW | 26.6 | 82.38% | 🇺🇸 USA |
 DXP Enterprises DXPE | 16.3 | 11.81% | 🇺🇸 USA |
 WESCO International
WCC | 10.3 | -29.32% | 🇺🇸 USA |
 Kaman KAMN | -26.7 | -283.06% | 🇺🇸 USA |
 Applied Industrial Technologies
AIT | 19.7 | 34.94% | 🇺🇸 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.