P/E ratio for Scholastic (SCHL)
P/E ratio as of April 2024 (TTM): 22.0
According to Scholastic's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 22.0443. At the end of 2022 the company had a P/E ratio of 20.7.
P/E ratio history for Scholastic from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 20.7 | -44.16% |
| 2021 | 37.0 | -361.96% |
| 2020 | -14.1 | -118.73% |
| 2019 | 75.4 | -40.08% |
| 2018 | 126 | 56.83% |
| 2017 | 80.2 | 160.14% |
| 2016 | 30.8 | 563.78% |
| 2015 | 4.65 | -80.48% |
| 2014 | 23.8 | -35.61% |
| 2013 | 37.0 | 197.64% |
| 2012 | 12.4 | -27.06% |
| 2011 | 17.0 | 6.07% |
| 2010 | 16.1 | -65.56% |
| 2009 | 46.6 | -951.19% |
| 2008 | -5.48 | -141.59% |
| 2007 | 13.2 | -55.92% |
| 2006 | 29.9 | -35.05% |
| 2005 | 46.0 | 19.44% |
| 2004 | 38.5 | 103.58% |
| 2003 | 18.9 | 26.78% |
| 2002 | 14.9 | -85.77% |
| 2001 | 105 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Walt Disney DIS | 90.7 | 311.31% | 🇺🇸 USA |
 New York Times NYT | 39.0 | 77.09% | 🇺🇸 USA |
 Houghton Mifflin Harcourt HMHC | 12.6 | -42.88% | 🇺🇸 USA |
 Pearson PSO | 21.8 | -1.23% | 🇬🇧 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.