Patterson Companies
PDCO
#3801
Rank
$2.39 B
Marketcap
$26.78
Share price
-1.62%
Change (1 day)
1.79%
Change (1 year)

P/E ratio for Patterson Companies (PDCO)

P/E ratio as of March 2024 (TTM): 12.1

According to Patterson Companies 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.1176. At the end of 2022 the company had a P/E ratio of 13.7.

P/E ratio history for Patterson Companies from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202213.7-22.67%
202117.7-419.84%
2020-5.53-116.47%
201933.6185.19%
201811.8-45.26%
201721.513.74%
201618.9-22.21%
201524.39.66%
201422.29.22%
201320.317.4%
201217.38.34%
201116.0-1.54%
201016.2-0.95%
200916.451.84%
200810.8-48.58%
200721.0-14.43%
200624.50.45%
200524.4-30.61%
200435.12.67%
200334.225.96%
200227.2-17.69%
200133.0

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
21.5 77.44%๐Ÿ‡บ๐Ÿ‡ธ USA
21.7 79.17%๐Ÿ‡บ๐Ÿ‡ธ USA
109 800.09%๐Ÿ‡บ๐Ÿ‡ธ USA
20.8 71.56%๐Ÿ‡บ๐Ÿ‡ธ USA
-19.5-260.63%๐Ÿ‡บ๐Ÿ‡ธ USA
15.5 27.60%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.