P/E ratio for Johnson Matthey (JMAT.L)
P/E ratio at the end of 2023: 13.8
According to Johnson Matthey's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0. At the end of 2023 the company had a P/E ratio of 13.8.
P/E ratio history for Johnson Matthey from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | 13.8 | -138.9% |
| 2022 | -35.5 | -228.29% |
| 2021 | 27.7 | 93.44% |
| 2020 | 14.3 | -4.47% |
| 2019 | 15.0 | -18.14% |
| 2018 | 18.3 | 14.71% |
| 2017 | 16.0 | 6.44% |
| 2016 | 15.0 | 4.93% |
| 2015 | 14.3 | -7.39% |
| 2014 | 15.4 | 5.03% |
| 2013 | 14.7 | 13.12% |
| 2012 | 13.0 | -27.57% |
| 2011 | 17.9 | -7.39% |
| 2010 | 19.4 | 71.89% |
| 2009 | 11.3 | -24.26% |
| 2008 | 14.9 | 37.97% |
| 2007 | 10.8 | -28.51% |
| 2006 | 15.1 | 29.91% |
| 2005 | 11.6 | 3.04% |
| 2004 | 11.3 | -22.24% |
| 2003 | 14.5 | -35.44% |
| 2002 | 22.4 | 28.08% |
| 2001 | 17.5 |
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.