P/E ratio for Jasa Marga (JSMR.JK)
P/E ratio as of April 2024 (TTM): 12.9
According to Jasa Marga's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.8604. At the end of 2022 the company had a P/E ratio of 7.87.
P/E ratio history for Jasa Marga from 2011 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 7.87 | -54.95% |
| 2021 | 17.5 | -73.94% |
| 2020 | 67.1 | 294.08% |
| 2019 | 17.0 | 20.66% |
| 2018 | 14.1 | -33.2% |
| 2017 | 21.1 | 35.35% |
| 2016 | 15.6 | -35.48% |
| 2015 | 24.2 | -28.31% |
| 2014 | 33.7 | 7.76% |
| 2013 | 31.3 | 33.01% |
| 2012 | 23.5 | -1.1% |
| 2011 | 23.8 |
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.