P/E ratio for Scholastic (SCHL)
P/E ratio as of October 2023 (TTM): 14.8
According to Scholastic's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.7577. At the end of 2021 the company had a P/E ratio of 37.0.
P/E ratio history for Scholastic from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 37.0 | -361.96% |
| 2020 | -14.1 | -118.73% |
| 2019 | 75.4 | -39.66% |
| 2018 | 125 | 55.77% |
| 2017 | 80.2 | 160.14% |
| 2016 | 30.8 | 563.78% |
| 2015 | 4.65 | -80.48% |
| 2014 | 23.8 | -35.61% |
| 2013 | 37.0 | 226.4% |
| 2012 | 11.3 | -33.49% |
| 2011 | 17.0 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Walt Disney DIS | 64.6 | 337.88% | 🇺🇸 USA |
 New York Times NYT | 38.4 | 159.96% | 🇺🇸 USA |
 Houghton Mifflin Harcourt HMHC | 12.6 | -14.67% | 🇺🇸 USA |
 Pearson PSO | 18.7 | 26.55% | 🇬🇧 UK |
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.