P/E ratio for Synnex (SNX)
P/E ratio as of March 2023 (TTM): 13.7
According to Synnex's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.6996. At the end of 2021 the company had a P/E ratio of 17.5.
P/E ratio history for Synnex from 2004 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 17.5 | 119.69% |
| 2020 | 7.95 | 20.82% |
| 2019 | 6.58 | 16.04% |
| 2018 | 5.67 | -37.12% |
| 2017 | 9.02 | |
| 2015 | 8.53 | 1.52% |
| 2014 | 8.40 | 3% |
| 2013 | 8.16 | 96.52% |
| 2012 | 4.15 | 14.23% |
| 2011 | 3.63 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 IBM IBM | 71.4 | 421.49% | 🇺🇸 USA |
 Xerox XRX | -6.98 | -150.96% | 🇺🇸 USA |
 ScanSource SCSC | 7.95 | -41.94% | 🇺🇸 USA |
 Arrow Electronics
ARW | 5.40 | -60.62% | 🇺🇸 USA |
 Insight Enterprises
NSIT | 17.4 | 27.11% | 🇺🇸 USA |
 Avnet AVT | 4.79 | -65.03% | 🇺🇸 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.