The current P/E ratio for Scholastic stock as of Apr 26, 2024 is 24.28. This is calculated based on the TTM EPS of $1.5 and the stock price of $36.42 per share. The PE ratio has increased by 5% from its last 4 quarters average of 23.1.
The average historical PE ratio of Scholastic for the last ten years is 42.11. The current price-to-earnings ratio of 24.28 is 42% less than the historical average. Analyzing the last ten years, SCHL's PE ratio reached its highest point in the Aug 2021 quarter at 255.69, when the price was $33.24 and the EPS was $0.13. The lowest point was recorded in the Feb 2016 quarter, when it reached 3.99 with a price of $35.03 and an EPS of $8.77.
Maximum annual increase: 569.84% in 2016
Maximum annual decrease: -78.47% in 2015
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 16.59 | 2.98% |
| 2022 | 16.11 | N/A |
| 2021 | N/A | N/A |
| 2020 | N/A | N/A |
| 2019 | 75.2 | N/A |
| 2018 | N/A | N/A |
| 2017 | 28.17 | -14.87% |
| 2016 | 33.09 | 569.84% |
| 2015 | 4.94 | -78.47% |
| 2014 | 22.94 | -26.43% |
Currently, SCHL's PE ratio is under its 3, 5 and 10-year averages.
SCHL's PE ratio is below its peer stocks DIS and NWSA.
| Stock name | PE ratio | Market cap |
|---|---|---|
| SCHL Scholastic Corp | 24.26 | $1.04B |
| NYT New York Times Co | 31.03 | $7.18B |
| NWSA News Corp | 61.05 | $13.95B |
| DIS Walt Disney Co | 68.64 | $206.49B |
| EDUC Educational Development Corp | 107.5 | $18.43M |
The price to earnings ratio for SCHL stock as of Apr 26, 2024, stands at 24.28.
Over the last 3 years, the average PE ratio for SCHL stock is 46.7.
Over the last 5 years, the average PE ratio for SCHL stock is 52.27.
The highest quarterly PE ratio in the last ten years has been 255.69 and it was in the Aug 2021 quarter.
The current PE ratio of SCHL is 42% lower than the 10-year historical average.
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Apr 26, 2024), Scholastic's share price is $36.42. The company's earnings per share for the trailing twelve months (TTM) ending Feb 2024 is $1.5. Therefore, Scholastic's price to earnings ratio for today is 24.28. PE RATIO(24.28) = STOCK PRICE($36.42) / TTM EPS($1.5)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.