P/E ratio for J. B. Hunt (JBHT)
P/E ratio as of September 2023 (TTM): 22.5
According to J. B. Hunt 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 22.4977. At the end of 2021 the company had a P/E ratio of 28.3.
P/E ratio history for J. B. Hunt from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 28.3 | -0.87% |
| 2020 | 28.5 | 25.31% |
| 2019 | 22.8 | |
| 2017 | 18.4 | -27.04% |
| 2016 | 25.2 | 27.36% |
| 2015 | 19.8 | |
| 2013 | 26.5 | 17.16% |
| 2012 | 22.6 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Norfolk Southern NSC | 17.7 | -21.48% | 🇺🇸 USA |
 Old Dominion Freight Line
ODFL | 35.1 | 55.86% | 🇺🇸 USA |
 Kansas City Southern
KSU | N/A | N/A | 🇺🇸 USA |
 Werner Enterprises
WERN | 13.6 | -39.49% | 🇺🇸 USA |
 Ryder
R | 8.91 | -60.38% | 🇺🇸 USA |
 Hub Group
HUBG | 9.41 | -58.17% | 🇺🇸 USA |
 ArcBest ARCB | 10.5 | -53.28% | 🇺🇸 USA |
 Knight-Swift
KNX | 15.7 | -30.42% | 🇺🇸 USA |
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.