PC Connection
CNXN
#4457
Rank
C$2.59 B
Marketcap
$98.74
Share price
-1.70%
Change (1 day)
18.98%
Change (1 year)

P/E ratio for PC Connection (CNXN)

P/E ratio as of November 2024 (TTM): 23.5

According to PC Connection 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 23.5403. At the end of 2022 the company had a P/E ratio of 13.8.

P/E ratio history for PC Connection from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202213.8-14.61%
202116.2-27.24%
202022.239.04%
201916.029.98%
201812.3-3.91%
201712.8-17.62%
201615.521.33%
201512.8-15.6%
201415.2-17.06%
201318.398.61%
20129.20-10.41%
201110.3-0.33%
201010.3-107.63%
2009-135-1128.32%
200813.1-0.53%
200713.2-51.94%
200627.5-8.12%
200529.93.61%
200428.8-15.87%
200334.3-18.84%
200242.3-14.53%
200149.4

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
13.7-41.82%๐Ÿ‡บ๐Ÿ‡ธ USA
16.5-29.73%๐Ÿ‡บ๐Ÿ‡ธ 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.