Jerónimo Martins
JEM.F
#1493
Rank
₹998.82 B
Marketcap
₹1,585
Share price
1.90%
Change (1 day)
-8.43%
Change (1 year)
Categories

P/E ratio for Jerónimo Martins (JEM.F)

P/E ratio as of October 2024 (TTM): 15.1

According to Jerónimo Martins 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 15.1434. At the end of 2022 the company had a P/E ratio of 21.6.

P/E ratio history for Jerónimo Martins from 2009 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202221.6-21.14%
202127.3-2.69%
202028.116.93%
201924.051.36%
201815.9-39.26%
201726.171.16%
201615.3-32.4%
201522.632.31%
201417.1-26.58%
201323.3-10.24%
201225.99.7%
201123.6-9.4%
201026.118.03%
200922.1

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.