P/E ratio for Sysco (SYY)
P/E ratio as of June 2023 (TTM): 23.8
According to Sysco's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 23.7836. At the end of 2021 the company had a P/E ratio of 51.3.
P/E ratio history for Sysco from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 51.3 | -146.32% |
| 2020 | -111 | -557.39% |
| 2019 | 24.2 | 9.83% |
| 2018 | 22.1 | -17.89% |
| 2017 | 26.9 | -10.7% |
| 2016 | 30.1 | -3.85% |
| 2015 | 31.3 | 16.71% |
| 2014 | 26.8 | 24.06% |
| 2013 | 21.6 | 25.63% |
| 2012 | 17.2 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 The Chefs' Warehouse CHEF | 42.6 | 78.95% | 🇺🇸 USA |
 SpartanNash
SPTN | 23.1 | -2.99% | 🇺🇸 USA |
 Core-Mark
CORE | N/A | N/A | 🇺🇸 USA |
 United Natural Foods
UNFI | 8.22 | -65.42% | 🇺🇸 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.