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Arrow Electronic has the Lowest P/E Ratio in the Technology Distributors Industry (ARW, SYX, SNX, TECD, AXE)

By Shiri Gupta

Below are the three companies in the Technology Distributors industry with the lowest price to earnings (P/E) ratios. P/E is an important valuation tool when comparing companies in the same industry. A higher P/E ratio means that investors are paying more for each unit of net income, so the stock is more expensive compared to one with a lower P/E ratio.

Arrow Electronic ranks lowest with a a P/E ratio of 8.84. Following is Systemax Inc with a a P/E ratio of 9.04. Synnex Corp ranks third lowest with a a P/E ratio of 12.39.

Tech Data Corp follows with a a P/E ratio of 12.64, and Anixter Intl Inc rounds out the bottom five with a a P/E ratio of 12.73.

SmarTrend is tracking the current trend status for Tech Data Corp and will alert subscribers who have TECD in their portfolio or watchlist when shares have changed trend direction.

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

Ticker(s): ARW SYX SNX TECD AXE