Johnson Controls
JCI
#390
Rank
$42.80 B
Marketcap
$62.39
Share price
4.05%
Change (1 day)
13.44%
Change (1 year)

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
202136.9-0.19%
202037.0479.66%
20196.38-46.69%
201812.0-48.96%
201723.4-184.93%
2016-27.6-299.25%
201513.9-40.33%
201423.27.53%
201321.624.5%
201217.3

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
11.6-62.42%๐Ÿ‡บ๐Ÿ‡ธ USA
10.3-66.82%๐Ÿ‡บ๐Ÿ‡ธ USA
27.1-12.50%๐Ÿ‡บ๐Ÿ‡ธ USA
31.9 3.06%๐Ÿ‡บ๐Ÿ‡ธ USA
77.3 149.56%๐Ÿ‡บ๐Ÿ‡ธ USA
20.1-35.22%๐Ÿ‡บ๐Ÿ‡ธ USA
33.5 8.04%๐Ÿ‡จ๐Ÿ‡ฆ Canada
23.8-23.12%๐Ÿ‡บ๐Ÿ‡ธ USA
17.8-42.65%๐Ÿ‡ธ๐Ÿ‡ช 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.