P/E ratio for ScanSource (SCSC)
P/E ratio as of September 2023 (TTM): 8.52
According to ScanSource's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.51821. At the end of 2021 the company had a P/E ratio of 10.9.
P/E ratio history for ScanSource from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 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 | |
| 2011 | 12.9 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 ePlus PLUS | 12.6 | 47.94% | 🇺🇸 USA |
 Insight Enterprises
NSIT | 19.1 | 124.56% | 🇺🇸 USA |
 Avnet AVT | 5.67 | -33.44% | 🇺🇸 USA |
 Systemax
SYX | N/A | N/A | 🇺🇸 USA |
 TD Synnex SNX | 14.4 | 69.35% | 🇺🇸 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.