P/E ratio for J.M. Smucker Company (SJM)
P/E ratio as of April 2024 (TTM): -785
According to J.M. Smucker Company's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -784.667. At the end of 2022 the company had a P/E ratio of 29.7.
P/E ratio history for J.M. Smucker Company from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 29.7 | 52.72% |
| 2021 | 19.4 | 29.76% |
| 2020 | 15.0 | -29.39% |
| 2019 | 21.2 | 167.45% |
| 2018 | 7.93 | -68.41% |
| 2017 | 25.1 | 20.34% |
| 2016 | 20.9 | -43.01% |
| 2015 | 36.6 | 97.17% |
| 2014 | 18.6 | -5.23% |
| 2013 | 19.6 | -1.88% |
| 2012 | 20.0 | 3.43% |
| 2011 | 19.3 | 25.24% |
| 2010 | 15.4 | -12.4% |
| 2009 | 17.6 | 28.21% |
| 2008 | 13.7 | -17.84% |
| 2007 | 16.7 | -14.55% |
| 2006 | 19.5 | 2.16% |
| 2005 | 19.1 | -4.9% |
| 2004 | 20.1 | -2.73% |
| 2003 | 20.7 | -16.83% |
| 2002 | 24.9 | -9.41% |
| 2001 | 27.4 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Conagra Brands
CAG | 13.8 | -101.76% | 🇺🇸 USA |
 General Mills GIS | 17.1 | -102.18% | 🇺🇸 USA |
 Hain Celestial HAIN | -4.75 | -99.39% | 🇺🇸 USA |
 Farmer Brothers
FARM | -1.66 | -99.79% | 🇺🇸 USA |
 TreeHouse Foods
THS | -27.2 | -96.54% | 🇺🇸 USA |
 B&G Foods
BGS | -38.2 | -95.14% | 🇺🇸 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.