right now td synnex inc nysesnx share price is at 11258 after a 116 increase moreover over the past month the stock decreased by 1192 but in the past year increased by 7557 shareholders might be interested in knowing whether the stock is overvalued even if the company is performing up to par in the current session assuming that all other factors are held constant this could present itself as an opportunity for shareholders trying to capitalize on the higher share price the stock is currently under from its 52 week high by 3166 the pe ratio is used by longterm shareholders to assess the companys market performance against aggregate market data historical earnings and the industry at large a lower pe can either represent a companys poor future earnings potential or a buying opportunity relative to other stocks it shows that shareholders are less than willing to pay a high share price because they do not expect the company to exhibit growth in terms of future earnings most often an industry will prevail in a particular phase of a business cycle than other industries compared to the aggregate pe ratio of the 2324 in the electronic equipment instruments  components industry td synnex inc has a lower pe ratio of 978 shareholders might be inclined to think that the stock might perform worse than its industry peers its also possible that the stock is undervalued pe ratio is not always a great indicator of the companys performance depending on the earnings makeup of a company investors can become unable to attain key insights from trailing earnings