P/E ratio for JB Hi-Fi (JBH.AX)
P/E ratio at the end of 2022: 8.07
According to JB Hi-Fi 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0. At the end of 2022 the company had a P/E ratio of 8.07.
P/E ratio history for JB Hi-Fi from 2004 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 8.07 | -28.78% |
| 2021 | 11.3 | -30.52% |
| 2020 | 16.3 | 38.2% |
| 2019 | 11.8 | 6.42% |
| 2018 | 11.1 | -27.84% |
| 2017 | 15.4 | 1.58% |
| 2016 | 15.1 | 6.82% |
| 2015 | 14.2 | -1.4% |
| 2014 | 14.4 | 3.14% |
| 2013 | 13.9 | 66.49% |
| 2012 | 8.36 | -49.55% |
| 2011 | 16.6 | -6.46% |
| 2010 | 17.7 | 3.87% |
| 2009 | 17.1 | -1.76% |
| 2008 | 17.4 | -37.75% |
| 2007 | 27.9 | 39.95% |
| 2006 | 19.9 | 11.59% |
| 2005 | 17.9 | 25.53% |
| 2004 | 14.2 |
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.