Question 1

What is CDW's P/E ratio?

Accepted Answer

CDW (CDW) P/E ratio is 15.6× as of July 22, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month earnings (net income), using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/E ratio calculated?

Accepted Answer

P/E = Share Price ÷ Trailing Twelve-Month (TTM) Diluted EPS, or equivalently Market Capitalisation ÷ TTM Net Income. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/E ratio?

Accepted Answer

The price-to-earnings (P/E) ratio, also called the earnings multiple, measures how much investors pay per dollar of a company's trailing twelve-month (TTM) earnings. It is calculated as share price ÷ TTM diluted EPS (equivalent to market capitalisation ÷ TTM net income). A higher P/E implies the market is pricing in stronger future earnings growth or lower risk; a lower P/E can signal slower expected growth, higher risk, or potential undervaluation.

Question 4

What is a good P/E ratio for CDW?

Accepted Answer

There is no universal "good" P/E. As a rule of thumb, the S&P 500 has historically averaged a P/E in the mid-to-high teens; mature, slow-growth businesses commonly trade in the 10–18× range, while high-growth or asset-light companies often trade at 25–50×+. What matters is the comparison to sector peers and to the company's own historical range. For CDW specifically, the relevant sector benchmark is the current sector median of 29.4×.

Question 5

Is CDW's P/E ratio high or low?

Accepted Answer

CDW's P/E ratio of 15.6× is below its own 5-year average of 23.2× and below the sector median of 29.4×. That places the current reading at the 5th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is CDW's historical P/E ratio range?

Accepted Answer

In the available daily series, CDW (CDW) P/E ratio has ranged from a low of 5.0× in 2007 to a high of 156.0× in 2011. The 5-year average is 23.2× and the 5-year median is 23.5×.

Question 7

What was CDW's P/E ratio in 2025?

Accepted Answer

CDW (CDW) P/E ratio at the end of 2025 was 16.6×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month earnings figure available at that date.

Question 8

Why does CDW's P/E ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (earnings). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$17.7B	$1.07B	16.6×	-4.9×	Dec 31, 2025
2024	$23.2B	$1.08B	21.5×	-6.1×	Dec 31, 2024
2023	$30.5B	$1.1B	27.6×	+5.9×	Dec 31, 2023
2022	$24.2B	$1.11B	21.7×	-6.4×	Dec 31, 2022
2021	$27.7B	$989M	28.1×	+4.2×	Dec 31, 2021
2020	$18.8B	$789M	23.9×	-4.0×	Dec 31, 2020
2019	$20.5B	$737M	27.8×	+9.0×	Dec 31, 2019
2018	$12.1B	$643M	18.8×	-1.5×	Dec 31, 2018
2017	$10.6B	$524M	20.3×	+0.6×	Dec 31, 2017
2016	$8.34B	$424M	19.7×	+2.1×	Dec 31, 2016
2015	$7.08B	$403M	17.6×	-7.1×	Dec 31, 2015
2014	$6.04B	$245M	24.6×	-5.1×	Dec 31, 2014
2013	$3.95B	$133M	29.7×	+4.3×	Dec 31, 2013
2012	$3.02B	$119M	25.4×	-130.6×	Dec 31, 2012
2011	$2.67B	$17.1M	156.0×	—	Dec 31, 2011
2010	$2.67B	-$29.2M	—	—	Dec 31, 2010
2009	$2.67B	$94.5M	28.2×	—	Dec 31, 2009
2006	$1.43B	$266M	5.4×	-0.0×	Dec 31, 2006
2005	$1.47B	$272M	5.4×	-0.9×	Dec 31, 2005
2004	$1.53B	$241M	6.3×	-2.4×	Dec 31, 2004
2003	$1.52B	$175M	8.7×	+0.4×	Dec 31, 2003
2002	$1.54B	$185M	8.3×	-1.0×	Dec 31, 2002
2001	$1.57B	$169M	9.3×	-0.6×	Dec 31, 2001
2000	$1.6B	$162M	9.9×	—	Dec 31, 2000


Ondas Holdings (ONDS)	16.4×
Dell Technologies (DELL)	16.2×
Western Digital (WDC)	15.7×
Accenture (ACN)	15.4×
Gartner (IT)	14.9×
Adobe (ADBE)	14.4×
Leidos Holdings (LDOS)	14.1×
Zoom Communications (ZM)	13.8×
QUALCOMM (QCOM)	13.7×
PTC (PTC)	13.5×
Paycom Software (PAYC)	13.2×
Elastic N.V. (ESTC)	13.2×
Cognizant (CTSH)	13.1×
First Solar (FSLR)	12.7×
GoDaddy (GDDY)	12.7×
Gen Digital (GEN)	11.7×
Duolingo (DUOL)	10.9×
Super Micro Computer (SMCI)	10.9×
Science Applications International (SAIC)	10.3×
Fiserv (FISV)	9.3×
Fidelity National Information Services (FIS)	9.0×
HP (HPQ)	7.5×
Sunrun (RUN)	5.6×
Lyft (LYFT)	1.8×
IBM (IBM)	0.0×

P/E Ratio for CDW (CDW) 2000-2026

P/E Ratio daily chart for CDW (CDW)

Historical P/E Ratio for CDW (CDW) from 2000 to 2025

About P/E Ratio at CDW (CDW)

CDW P/E Ratio by Year

CDW P/E Ratio 2025: 16.6×

CDW P/E Ratio 2024: 21.5×

CDW P/E Ratio 2023: 27.6×

CDW P/E Ratio 2022: 21.7×

CDW P/E Ratio 2021: 28.1×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

CDW (CDW) Key Financials