The Joint Corp.
JYNT
#8161
Rank
A$0.26 B
Marketcap
$17.96
Share price
1.56%
Change (1 day)
27.54%
Change (1 year)

P/E ratio for The Joint Corp. (JYNT)

P/E ratio as of November 2024 (TTM): 53.4

According to The Joint Corp.'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 53.4091. At the end of 2022 the company had a P/E ratio of 155.

P/E ratio history for The Joint Corp. from 2014 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202215517.85%
2021131365.28%
202028.2-59.76%
201970.2-71.37%
2018245-1434.38%
2017-18.4731.87%
2016-2.21-67.82%
2015-6.86-56.91%
2014-15.9

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
61.1 14.40%๐Ÿ‡บ๐Ÿ‡ธ USA
31.4-41.28%๐Ÿ‡บ๐Ÿ‡ธ USA
15.7-70.68%๐Ÿ‡บ๐Ÿ‡ธ USA

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.