P/E ratio for Service Corporation International (SCI)
P/E ratio as of September 2023 (TTM): 18.5
According to Service Corporation International 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 18.5361. At the end of 2021 the company had a P/E ratio of 14.8.
P/E ratio history for Service Corporation International from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 14.8 | |
| 2019 | 22.6 | 37.87% |
| 2018 | 16.4 | 28.05% |
| 2017 | 12.8 | -58.6% |
| 2016 | 30.9 | 38.81% |
| 2015 | 22.2 | -20.64% |
| 2014 | 28.0 | 5.11% |
| 2013 | 26.7 | 35.14% |
| 2012 | 19.7 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Matthews International Corporation
MATW | -20.3 | -209.65% | 🇺🇸 USA |
 Hillenbrand HI | 4.84 | -73.87% | 🇺🇸 USA |
 Carriage Services CSV | 14.3 | -22.60% | 🇺🇸 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.