According to Johnson Controls 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 28.1266. At the end of 2022 the company had a P/E ratio of 34.7.
Year | P/E ratio | Change |
---|---|---|
2022 | 34.7 | -6.16% |
2021 | 37.0 | -0.04% |
2020 | 37.0 | 479.29% |
2019 | 6.38 | -46.74% |
2018 | 12.0 | -48.87% |
2017 | 23.4 | -184.33% |
2016 | -27.8 | -291.63% |
2015 | 14.5 | -40.33% |
2014 | 24.3 | 7.53% |
2013 | 22.6 | 24.5% |
2012 | 18.2 | 68.94% |
2011 | 10.7 | -2.06% |
2010 | 11.0 | -43.27% |
2009 | 19.3 | -58.7% |
2008 | 46.8 | 3569.05% |
2007 | 1.28 | -62.07% |
2006 | 3.37 | 10.76% |
2005 | 3.04 | -25.92% |
2004 | 4.10 | 80.42% |
2003 | 2.27 | 45.31% |
2002 | 1.57 | -70.07% |
2001 | 5.23 |
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.