Jyske Bank
JYSK.CO
#2964
Rank
A$6.73 B
Marketcap
$109.52
Share price
-2.08%
Change (1 day)
6.61%
Change (1 year)

P/E ratio for Jyske Bank (JYSK.CO)

P/E ratio as of December 2024 (TTM): 5.55

According to Jyske Bank's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.55129. At the end of 2022 the company had a P/E ratio of 8.16.

P/E ratio history for Jyske Bank from 2009 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20228.162.65%
20217.95-31.64%
202011.638.42%
20198.400.3%
20188.38-18.05%
201710.21.8%
201610.0-16.15%
201512.028.72%
20149.30-19.3%
201311.5-41.25%
201219.65.64%
201118.6-1.81%
201018.9-19.65%
200923.5

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.