P/E ratio for Johnson Controls (JCI)
P/E ratio as of June 2023 (TTM): 31.0
According to Johnson Controls 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 30.9631. At the end of 2021 the company had a P/E ratio of 36.9.
P/E ratio history for Johnson Controls from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 36.9 | -0.19% |
| 2020 | 37.0 | 479.66% |
| 2019 | 6.38 | -46.69% |
| 2018 | 12.0 | -48.96% |
| 2017 | 23.4 | -184.93% |
| 2016 | -27.6 | -299.25% |
| 2015 | 13.9 | -40.33% |
| 2014 | 23.2 | 7.53% |
| 2013 | 21.6 | 24.5% |
| 2012 | 17.3 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 BorgWarner BWA | 11.6 | -62.42% | 🇺🇸 USA |
 Emerson EMR | 10.3 | -66.82% | 🇺🇸 USA |
 Honeywell HON | 27.1 | -12.50% | 🇺🇸 USA |
 Visteon VC | 31.9 | 3.06% | 🇺🇸 USA |
 Gentherm THRM | 77.3 | 149.56% | 🇺🇸 USA |
 Gentex GNTX | 20.1 | -35.22% | 🇺🇸 USA |
 Magna International MGA | 33.5 | 8.04% | 🇨🇦 Canada |
 Lear Corporation
LEA | 23.8 | -23.12% | 🇺🇸 USA |
 Autoliv ALV | 17.8 | -42.65% | 🇸🇪 Sweden |
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.