P/E ratio for John Bean Technologies (JBT)
P/E ratio as of May 2024 (TTM): 5.06
According to John Bean Technologies's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.06499. 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 |
|---|---|---|
| 2022 | 22.3 | -46.34% |
| 2021 | 41.6 | 24.62% |
| 2020 | 33.4 | 20.04% |
| 2019 | 27.8 | 26.67% |
| 2018 | 22.0 | -49.26% |
| 2017 | 43.3 | 15.32% |
| 2016 | 37.5 | 43.11% |
| 2015 | 26.2 | -16.2% |
| 2014 | 31.3 | 20.57% |
| 2013 | 26.0 | 82.58% |
| 2012 | 14.2 | -1.96% |
| 2011 | 14.5 | -4.92% |
| 2010 | 15.2 | 6.69% |
| 2009 | 14.3 | 179.01% |
| 2008 | 5.12 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 AAR AIR | 35.7 | 605.65% | 🇺🇸 USA |
 Illinois Tool Works ITW | 23.4 | 362.60% | 🇺🇸 USA |
 Northrop Grumman NOC | 15.9 | 214.32% | 🇺🇸 USA |
 Standex SXI | 14.8 | 192.04% | 🇺🇸 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.