P/E ratio for BJ's Wholesale Club (BJ)
P/E ratio as of May 2024 (TTM): 19.8
According to BJ's Wholesale Club's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 19.8. At the end of 2022 the company had a P/E ratio of 18.2.
P/E ratio history for BJ's Wholesale Club from 2018 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 18.2 | -16.95% |
| 2021 | 21.9 | 57.92% |
| 2020 | 13.9 | -6.15% |
| 2019 | 14.8 | -33.96% |
| 2018 | 22.4 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Costco COST | 58.1 | 193.35% | 🇺🇸 USA |
 PriceSmart
PSMT | 21.8 | 9.88% | 🇺🇸 USA |
 BJ's Wholesale Club BJ | 19.8 | 0.00% | 🇺🇸 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.