The current P/E ratio for Scholastic stock as of Jul 25, 2024 is 75.44. This is calculated based on the TTM EPS of $0.41 and the stock price of $30.93 per share. The PE ratio has increased by 84% from its last 4 quarters average of 41.1.
The average historical PE ratio of Scholastic for the last ten years is 44.23. The current price-to-earnings ratio of 75.44 is 71% more 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 |
|---|---|---|
| 2024 | 88.49 | 433.39% |
| 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% |
Currently, SCHL's PE ratio is above its 3, 5 and 10-year averages.
SCHL's PE ratio is less than its peer stock DIS, but it is above NWSA's and NYT's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| NYT New York Times Co | 35.21 | $8.85B |
| EDUC Educational Development Corp | 73.33 | $18.88M |
| NWSA News Corp | 76.31 | $15.65B |
| SCHL Scholastic Corp | 77.05 | $892.12M |
| DIS Walt Disney Co | 96.7 | $163.95B |
The price to earnings ratio for SCHL stock as of Jul 25, 2024, stands at 75.44.
Over the last 3 years, the average PE ratio for SCHL stock is 50.18.
Over the last 5 years, the average PE ratio for SCHL stock is 53.22.
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 71% higher than the 10-year historical average.
SCHL's PE ratio is high because the stock price is relatively expensive compared to the earnings generated by the company.
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Jul 25, 2024), Scholastic's share price is $30.93. The company's earnings per share for the trailing twelve months (TTM) ending May 2024 is $0.41. Therefore, Scholastic's price to earnings ratio for today is 75.44. PE RATIO(75.44) = STOCK PRICE($30.93) / TTM EPS($0.41)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.