P/E ratio for J.M. Smucker Company (SJM)
P/E ratio as of January 2023 (TTM): 28.1
According to J.M. Smucker Company's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 28.0824. At the end of 2021 the company had a P/E ratio of 19.4.
P/E ratio history for J.M. Smucker Company from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 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 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Conagra Brands
CAG | 22.0 | -21.73% | 🇺🇸 USA |
 General Mills GIS | 16.1 | -42.72% | 🇺🇸 USA |
 Hain Celestial HAIN | 28.2 | 0.31% | 🇺🇸 USA |
 Farmer Brothers
FARM | -4.25 | -115.15% | 🇺🇸 USA |
 TreeHouse Foods
THS | -17.6 | -162.52% | 🇺🇸 USA |
 B&G Foods
BGS | -25.3 | -190.14% | 🇺🇸 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.