P/E ratio for Jerónimo Martins (JEM.F)
P/E ratio as of April 2024 (TTM): 16.2
According to Jerónimo Martins 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.2366. At the end of 2022 the company had a P/E ratio of 21.6.
P/E ratio history for Jerónimo Martins from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 21.6 | -21.14% |
| 2021 | 27.3 | -2.69% |
| 2020 | 28.1 | 16.93% |
| 2019 | 24.0 | 51.36% |
| 2018 | 15.9 | -39.26% |
| 2017 | 26.1 | 71.16% |
| 2016 | 15.3 | -32.4% |
| 2015 | 22.6 | 32.31% |
| 2014 | 17.1 | -26.58% |
| 2013 | 23.3 | -10.24% |
| 2012 | 25.9 | 9.7% |
| 2011 | 23.6 | -9.4% |
| 2010 | 26.1 | 18.03% |
| 2009 | 22.1 |
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.