P/E ratio for ScanSource (SCSC)
P/E ratio as of April 2024 (TTM): 11.6
According to ScanSource's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.619. At the end of 2022 the company had a P/E ratio of 7.94.
P/E ratio history for ScanSource from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 7.94 | -27.12% |
| 2021 | 10.9 | -493.57% |
| 2020 | -2.77 | -113.56% |
| 2019 | 20.4 | 28.85% |
| 2018 | 15.8 | -24.32% |
| 2017 | 20.9 | 31.79% |
| 2016 | 15.9 | 17.84% |
| 2015 | 13.5 | -6.01% |
| 2014 | 14.3 | -54.03% |
| 2013 | 31.2 | 144.52% |
| 2012 | 12.8 | -0.76% |
| 2011 | 12.9 | -4.48% |
| 2010 | 13.5 | -15.81% |
| 2009 | 16.0 | 60.96% |
| 2008 | 9.93 | -38.9% |
| 2007 | 16.3 | -10.7% |
| 2006 | 18.2 | -6.45% |
| 2005 | 19.5 | -14.22% |
| 2004 | 22.7 | -9.99% |
| 2003 | 25.2 | 95.3% |
| 2002 | 12.9 | -14.05% |
| 2001 | 15.0 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 ePlus PLUS | 15.8 | 35.62% | 🇺🇸 USA |
 Insight Enterprises
NSIT | 22.9 | 96.84% | 🇺🇸 USA |
 Avnet AVT | 5.44 | -53.18% | 🇺🇸 USA |
 Systemax
SYX | N/A | N/A | 🇺🇸 USA |
 TD Synnex SNX | 16.5 | 41.84% | 🇺🇸 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.