Johnson Controls
JCI
#387
Rank
$48.26 B
Marketcap
$71.65
Share price
0.77%
Change (1 day)
15.79%
Change (1 year)

P/E ratio for Johnson Controls (JCI)

P/E ratio as of May 2024 (TTM): 23.8

According to Johnson Controls 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 23.7755. At the end of 2022 the company had a P/E ratio of 34.7.

P/E ratio history for Johnson Controls from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202234.7-6.16%
202137.0-0.04%
202037.0479.29%
20196.38-46.74%
201812.0-48.87%
201723.4-184.33%
2016-27.8-291.63%
201514.5-40.33%
201424.37.53%
201322.624.5%
201218.268.94%
201110.7-2.06%
201011.0-43.27%
200919.3-58.7%
200846.83569.05%
20071.28-62.07%
20063.3710.76%
20053.04-25.92%
20044.1080.42%
20032.2745.31%
20021.57-70.07%
20015.23

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
11.2-52.87%๐Ÿ‡บ๐Ÿ‡ธ USA
4.80-79.80%๐Ÿ‡บ๐Ÿ‡ธ USA
24.5 2.99%๐Ÿ‡บ๐Ÿ‡ธ USA
19.9-16.17%๐Ÿ‡บ๐Ÿ‡ธ USA
97.2 308.92%๐Ÿ‡บ๐Ÿ‡ธ USA
20.2-14.87%๐Ÿ‡บ๐Ÿ‡ธ USA
13.7-42.50%๐Ÿ‡จ๐Ÿ‡ฆ Canada
12.9-45.62%๐Ÿ‡บ๐Ÿ‡ธ USA
26.1 9.82%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.