JBM Auto
JBMA.NS
#4151
Rank
$2.17 B
Marketcap
$18.33
Share price
-2.03%
Change (1 day)
5.90%
Change (1 year)

P/E ratio for JBM Auto (JBMA.NS)

P/E ratio as of December 2024 (TTM): 124

According to JBM Auto's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 124.425. At the end of 2022 the company had a P/E ratio of 33.5.

P/E ratio history for JBM Auto from 2013 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202233.5-35.03%
202151.525.96%
202040.9150.96%
201916.33.14%
201815.8-54.65%
201734.8122.7%
201615.615.45%
201513.548.99%
20149.09311.57%
20132.21

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.