Scholastic
SCHL
#4469
Rank
$1.07 B
Marketcap
$31.21
Share price
0.58%
Change (1 day)
-15.58%
Change (1 year)

P/E ratio for Scholastic (SCHL)

P/E ratio as of October 2022 (TTM): 18.3

According to Scholastic's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 18.2515. 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
202137.0-361.96%
2020-14.1-118.73%
201975.4-39.66%
201812555.77%
201780.2160.14%
201630.8563.78%
20154.65-80.48%
201423.8-35.61%
201337.0226.4%
201211.3-33.49%
201117.0

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.