P/E ratio for JB Hi-Fi (JBH.AX)
P/E ratio at the end of 2021: 10.5
According to JB Hi-Fi 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.1949. At the end of 2021 the company had a P/E ratio of 10.5.
P/E ratio history for JB Hi-Fi from 2004 to 2021
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 10.5 | -36.46% |
| 2020 | 16.5 | 41.24% |
| 2019 | 11.7 | 12.11% |
| 2018 | 10.4 | -25.04% |
| 2017 | 13.9 | -1.27% |
| 2016 | 14.1 | 9.72% |
| 2015 | 12.9 | 21.01% |
| 2014 | 10.6 | -0.01% |
| 2013 | 10.6 | 86.74% |
| 2012 | 5.69 | -47.31% |
| 2011 | 10.8 | -26.4% |
| 2010 | 14.7 | -0.47% |
| 2009 | 14.7 | 16.75% |
| 2008 | 12.6 | -44.16% |
| 2007 | 22.6 | 20.95% |
| 2006 | 18.7 | 4.68% |
| 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.