P/E ratio for Janus Henderson (JHG)
P/E ratio as of April 2024 (TTM): 15.7
According to Janus Henderson 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 15.6584. At the end of 2022 the company had a P/E ratio of 10.5.
P/E ratio history for Janus Henderson from 2017 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 10.5 | -9.78% |
| 2021 | 11.6 | -68.64% |
| 2020 | 37.1 | 235.47% |
| 2019 | 11.0 | 39.06% |
| 2018 | 7.94 | -27.38% |
| 2017 | 10.9 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Owl Rock Capital ORCC | 6.21 | -60.33% | 🇺🇸 USA |
 Patria Investments PAX | 21.6 | 37.76% | Cayman Islands |
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.