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Arrow Electronic is Among the Companies in the Technology Distributors Industry With the Lowest Forward P/E Ratio (ARW, SNX, TECD, SCSC, AXE)

By Nick Russo

Below are the three companies in the Technology Distributors industry with the lowest forward price to earnings (P/E) ratios. Forward P/E uses estimated earnings to compare relative value among companies in the same industry. Generally, the lower the forward P/E, the more undervalued a company is believed to be.

Arrow Electronic ranks lowest with a a forward P/E ratio of 7.41. Synnex Corp is next with a a forward P/E ratio of 7.69. Tech Data Corp ranks third lowest with a a forward P/E ratio of 8.24.

Scansource Inc follows with a a forward P/E ratio of 8.34, and Anixter Intl Inc rounds out the bottom five with a a forward P/E ratio of 8.88.

SmarTrend recommended that its subscribers protect gains by selling shares of Scansource Inc on August 5th, 2019 by issuing a Downtrend alert when the shares were trading at $31.01. Since that call, shares of Scansource Inc have fallen 3.9%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: lowest forward p/e ratio arrow electronic synnex corp tech data corp scansource inc anixter intl inc