P/E ratio for Synnex Technology International (2347.TW)
P/E ratio as of April 2024 (TTM): 8.88
According to Synnex Technology International's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.87749. At the end of 2022 the company had a P/E ratio of 6.26.
P/E ratio history for Synnex Technology International from 2010 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 6.26 | -2.15% |
| 2021 | 6.40 | -33.39% |
| 2020 | 9.61 | 4.83% |
| 2019 | 9.17 | 2.13% |
| 2018 | 8.98 | -18.75% |
| 2017 | 11.0 | -1.07% |
| 2016 | 11.2 | -29.89% |
| 2015 | 15.9 | 9.19% |
| 2014 | 14.6 | 2.4% |
| 2013 | 14.2 | -3.26% |
| 2012 | 14.7 | -5.92% |
| 2011 | 15.7 | -26.81% |
| 2010 | 21.4 |
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.