According to Jones Lang LaSalle's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 44.1775. At the end of 2022 the company had a P/E ratio of 11.8.
Year | P/E ratio | Change |
---|---|---|
2022 | 11.8 | -17% |
2021 | 14.2 | -25.09% |
2020 | 19.0 | 16.61% |
2019 | 16.3 | 36.61% |
2018 | 11.9 | -50.9% |
2017 | 24.3 | 69% |
2016 | 14.4 | -12.55% |
2015 | 16.4 | -5.64% |
2014 | 17.4 | 3.28% |
2013 | 16.8 | -5.31% |
2012 | 17.8 | 10.02% |
2011 | 16.2 | -30.08% |
2010 | 23.1 | -112.25% |
2009 | -189 | -1817.15% |
2008 | 11.0 | 23.88% |
2007 | 8.87 | -47.15% |
2006 | 16.8 | 10.04% |
2005 | 15.3 | -15.17% |
2004 | 18.0 | 0.64% |
2003 | 17.9 | 3.41% |
2002 | 17.3 | -145.95% |
2001 | -37.6 |
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.