P/E ratio for TD Synnex (SNX)
P/E ratio as of April 2024 (TTM): 16.9
According to TD Synnex's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.8537. At the end of 2022 the company had a P/E ratio of 13.9.
P/E ratio history for TD Synnex from 2003 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 13.9 | -20.11% |
| 2021 | 17.5 | 120.17% |
| 2020 | 7.93 | 20.55% |
| 2019 | 6.58 | 14.9% |
| 2018 | 5.73 | -36.49% |
| 2017 | 9.02 | -11.95% |
| 2016 | 10.2 | 20% |
| 2015 | 8.53 | 1.52% |
| 2014 | 8.40 | 3% |
| 2013 | 8.16 | 96.52% |
| 2012 | 4.15 | 14.23% |
| 2011 | 3.63 | -14.25% |
| 2010 | 4.24 | -24.03% |
| 2009 | 5.58 | 162.01% |
| 2008 | 2.13 | -55.88% |
| 2007 | 4.83 | -23.87% |
| 2006 | 6.34 | 54.43% |
| 2005 | 4.11 | -40.27% |
| 2004 | 6.87 | 35.89% |
| 2003 | 5.06 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 IBM IBM | 21.9 | 30.19% | 🇺🇸 USA |
 Xerox XRX | 13.1 | -22.34% | 🇺🇸 USA |
 ScanSource SCSC | 11.7 | -30.29% | 🇺🇸 USA |
 Arrow Electronics
ARW | 7.11 | -57.79% | 🇺🇸 USA |
 Insight Enterprises
NSIT | 22.8 | 35.56% | 🇺🇸 USA |
 Avnet AVT | 5.75 | -65.87% | 🇺🇸 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.