P/E ratio for James Hardie Industries (JHX)
P/E ratio as of April 2024 (TTM): 31.7
According to James Hardie Industries 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 31.693. At the end of 2022 the company had a P/E ratio of 16.5.
P/E ratio history for James Hardie Industries from 2002 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 16.5 | -54.29% |
| 2021 | 36.0 | -52.65% |
| 2020 | 76.1 | 105.23% |
| 2019 | 37.1 | 23.1% |
| 2018 | 30.1 | -4.27% |
| 2017 | 31.4 | 18.67% |
| 2016 | 26.5 | 12.94% |
| 2015 | 23.5 | -65.5% |
| 2014 | 68.0 | 190.4% |
| 2013 | 23.4 | 229.16% |
| 2012 | 7.11 | -72.34% |
| 2011 | 25.7 | -391.64% |
| 2010 | -8.82 | -42.29% |
| 2009 | -15.3 | -240.27% |
| 2008 | 10.9 | -36.95% |
| 2007 | 17.3 | -342.94% |
| 2006 | -7.11 | -154.75% |
| 2005 | 13.0 | -48.15% |
| 2004 | 25.0 | 65.69% |
| 2003 | 15.1 | 16.29% |
| 2002 | 13.0 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 U.S. Concrete
USCR | N/A | N/A | 🇺🇸 USA |
 Eagle Materials
EXP | 18.7 | -41.15% | 🇺🇸 USA |
 Cement Roadstone Holding
CRH | N/A | N/A | 🇮🇪 Ireland |
 Cemex CX | 1.01 | -96.82% | 🇲🇽 Mexico |
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.