P/E ratio for JBM Auto (JBMA.NS)
P/E ratio as of May 2024 (TTM): 150
According to JBM Auto's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 149.867. 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 |
|---|---|---|
| 2022 | 33.5 | -35.03% |
| 2021 | 51.5 | 25.96% |
| 2020 | 40.9 | 150.96% |
| 2019 | 16.3 | 3.14% |
| 2018 | 15.8 | -54.65% |
| 2017 | 34.8 | 122.7% |
| 2016 | 15.6 | 15.45% |
| 2015 | 13.5 | 48.99% |
| 2014 | 9.09 | 311.57% |
| 2013 | 2.21 |
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.