P/E ratio for Plexus (PLXS)
P/E ratio as of October 2023 (TTM): 17.3
According to Plexus's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 17.2926. At the end of 2021 the company had a P/E ratio of 21.6.
P/E ratio history for Plexus from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 21.6 | 16.25% |
| 2020 | 18.6 | -4.39% |
| 2019 | 19.4 | 58.23% |
| 2018 | 12.3 | -108.9% |
| 2017 | -138 | -786.94% |
| 2016 | 20.1 | 46.7% |
| 2015 | 13.7 | -8.62% |
| 2014 | 15.0 | -14.84% |
| 2013 | 17.6 | 18.68% |
| 2012 | 14.8 | 21.85% |
| 2011 | 12.2 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 SigmaTron International SGMA | -0.9050 | -105.23% | 🇺🇸 USA |
 Sanmina SANM | 10.2 | -41.17% | 🇺🇸 USA |
 IEC Electronics
IEC | N/A | N/A | 🇺🇸 USA |
 Flex FLEX | 15.2 | -12.12% | 🇸🇬 Singapore |
 Jabil JBL | 17.2 | -0.47% | 🇺🇸 USA |
 CTS Corporation CTS | 22.8 | 32.06% | 🇺🇸 USA |
 Celestica CLS | 17.7 | 2.33% | 🇨🇦 Canada |
 Benchmark Electronics
BHE | 13.1 | -24.39% | 🇺🇸 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.