P/E ratio for Shoe Carnival (SCVL)
P/E ratio as of September 2023 (TTM): 7.29
According to Shoe Carnival 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.28701. At the end of 2021 the company had a P/E ratio of 7.79.
P/E ratio history for Shoe Carnival from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 7.79 | -83.29% |
| 2020 | 46.6 | 250.32% |
| 2019 | 13.3 | -14.18% |
| 2018 | 15.5 | -22.87% |
| 2017 | 20.1 | 14.06% |
| 2016 | 17.6 | 4.89% |
| 2015 | 16.8 | -24.74% |
| 2014 | 22.3 | 10.12% |
| 2013 | 20.3 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Zumiez ZUMZ | -40.2 | -651.73% | 🇺🇸 USA |
 Genesco
GCO | 53.2 | 630.51% | 🇺🇸 USA |
 Foot Locker
FL | 10.9 | 50.14% | 🇺🇸 USA |
 Boot Barn Holdings
BOOT | 14.9 | 103.81% | 🇺🇸 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.