Avnet Inc

NASDAQ AVT

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Avnet Inc Price to Earnings Ratio (P/E) on June 03, 2024: 31.80

Avnet Inc Price to Earnings Ratio (P/E) is 31.80 on June 03, 2024, a 587.52% change year over year. The price to earnings ratio (P/E ratio) compares the market price per share of a company's stock to its earnings per share (EPS). It is calculated by dividing the market capitalization by the net income, divided by the number of outstanding shares. This ratio provides insights into the market's valuation of a company's earnings. A higher P/E ratio indicates that investors are willing to pay a higher price for each unit of earnings, suggesting higher market expectations for future earnings growth.
  • Avnet Inc 52-week high Price to Earnings Ratio (P/E) is 31.99 on May 24, 2024, which is 0.60% above the current Price to Earnings Ratio (P/E).
  • Avnet Inc 52-week low Price to Earnings Ratio (P/E) is 4.62 on June 05, 2023, which is -85.45% below the current Price to Earnings Ratio (P/E).
  • Avnet Inc average Price to Earnings Ratio (P/E) for the last 52 weeks is 10.36.
NASDAQ: AVT

Avnet Inc

CEO Mr. Philip R. Gallagher
IPO Date May 3, 1973
Location United States
Headquarters 2211 South 47th Street, Phoenix, AZ, United States, 85034
Employees 15,800
Sector Technology
Industry Electronics & computer distribution
Description

Avnet, Inc., distributes electronic component technology. The company operates through two segments, Electronic Components and Farnell. The Electronic Components segment markets, sells, and distributes semiconductors; interconnect, passive, and electromechanical components; and other integrated components from electronic component manufacturers. It also offers design chain support that provides engineers with technical design solutions; engineering and technical resources to support product design, bill of materials development, and technical education and training; and supply chain solutions that provide support and logistical services to original equipment manufacturers, electronic manufacturing service providers, and electronic component manufacturers. In addition, this segment provides embedded solutions, such as technical design, integration, and assembly of embedded products, systems, and solutions primarily for industrial applications, as well as embedded display solutions comprising touch and passive displays; and develops and manufactures standard board and industrial subsystems, and application-specific devices that enable it to produce systems tailored to specific customer requirements. This segment serves various markets, such as automotive, medical, defense, aerospace, telecommunications, industrial, and digital editing. The Farnell segment distributes kits, tools, and electronic and industrial automation components, as well as test and measurement products to engineers and entrepreneurs. It has operations in the Americas, Europe, the Middle East, Africa, and Asia. Avnet, Inc. was founded in 1921 and is headquartered in Phoenix, Arizona.

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StockViz Staff

September 20, 2024

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