P/E ratio for Service Corporation International (SCI)
P/E ratio as of April 2024 (TTM): 22.1
According to Service Corporation International 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 22.1362. At the end of 2022 the company had a P/E ratio of 19.4.
P/E ratio history for Service Corporation International from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 19.4 | 30.95% |
| 2021 | 14.8 | -12.35% |
| 2020 | 16.9 | -25.22% |
| 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 | 14.85% |
| 2011 | 17.2 | 6.19% |
| 2010 | 16.2 | -3.22% |
| 2009 | 16.7 | 27.8% |
| 2008 | 13.1 | -19.01% |
| 2007 | 16.1 | -70.06% |
| 2006 | 53.9 | -357.21% |
| 2005 | -21.0 | -198.54% |
| 2004 | 21.3 | 10.58% |
| 2003 | 19.3 | -569.65% |
| 2002 | -4.10 | 79.06% |
| 2001 | -2.29 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Matthews International Corporation
MATW | -13.7 | -161.87% | 🇺🇸 USA |
 Hillenbrand HI | 5.60 | -74.70% | 🇺🇸 USA |
 Carriage Services CSV | 12.1 | -45.32% | 🇺🇸 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.