P/E ratio for Daily Journal (DJCO)
P/E ratio as of September 2023 (TTM): -24.0
According to Daily Journal's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -24.0135. At the end of 2021 the company had a P/E ratio of 3.96.
P/E ratio history for Daily Journal from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 3.96 | -95.32% |
| 2020 | 84.6 | -708.94% |
| 2019 | -13.9 | -132.03% |
| 2018 | 43.4 | -113.1% |
| 2017 | -331 | 14.43% |
| 2016 | -289 | -192.91% |
| 2015 | 312 | -23.61% |
| 2014 | 408 | 664.59% |
| 2013 | 53.3 | 137% |
| 2012 | 22.5 | 86.76% |
| 2011 | 12.1 | -1.75% |
| 2010 | 12.3 | 31.92% |
| 2009 | 9.30 | 14.19% |
| 2008 | 8.14 | -25.75% |
| 2007 | 11.0 | -52.35% |
| 2006 | 23.0 | 54.39% |
| 2005 | 14.9 | 12.25% |
| 2004 | 13.3 | -18.61% |
| 2003 | 16.3 | -43.06% |
| 2002 | 28.7 | -1086.52% |
| 2001 | -2.91 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 New York Times NYT | 38.4 | -259.76% | 🇺🇸 USA |
 E. W. Scripps Company
SSP | -0.7707 | -96.79% | 🇺🇸 USA |
 Lee Enterprises
LEE | -6.33 | -73.65% | 🇺🇸 USA |
 Gannett GCI | -14.2 | -40.72% | 🇺🇸 USA |
 Montrose Environmental MEG | -15.9 | -33.89% | 🇺🇸 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.