John Bean Technologies
JBT
#3539
Rank
$2.96 B
Marketcap
$93.06
Share price
-0.52%
Change (1 day)
-11.17%
Change (1 year)

P/E ratio for John Bean Technologies (JBT)

P/E ratio as of May 2024 (TTM): 5.31

According to John Bean Technologies's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.30559. At the end of 2022 the company had a P/E ratio of 22.3.

P/E ratio history for John Bean Technologies from 2008 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202222.3-46.34%
202141.624.62%
202033.420.04%
201927.826.67%
201822.0-49.26%
201743.315.32%
201637.543.11%
201526.2-16.2%
201431.320.57%
201326.082.58%
201214.2-1.96%
201114.5-4.92%
201015.26.69%
200914.3179.01%
20085.12

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
37.1 598.45%๐Ÿ‡บ๐Ÿ‡ธ USA
24.2 356.78%๐Ÿ‡บ๐Ÿ‡ธ USA
15.3 189.32%๐Ÿ‡บ๐Ÿ‡ธ USA
14.8 179.05%๐Ÿ‡บ๐Ÿ‡ธ 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.