Shares of Avnet Rank the Lowest in Terms of P/E Ratio in the Technology Distributors Industry (AVT, ARW, NSIT, AXE, PLUS)
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.
Avnet ranks lowest with a a P/E ratio of 8.80. Following is Arrow Electronics with a a P/E ratio of 11.28. Insight Enterprises ranks third lowest with a a P/E ratio of 12.73.
Anixter International follows with a a P/E ratio of 13.07, and ePlus rounds out the bottom five with a a P/E ratio of 13.59.
SmarTrend is monitoring the recent change of momentum in Anixter International. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Anixter International in search of a potential trend change.
Keywords: lowest p/e ratio avnet arrow electronics insight enterprises anixter international eplus