According to PBF Energy 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 1.18133. At the end of 2022 the company had a P/E ratio of 1.74.
Year | P/E ratio | Change |
---|---|---|
2022 | 1.74 | -74.25% |
2021 | 6.76 | -1210.33% |
2020 | -0.6084 | -105.16% |
2019 | 11.8 | -55.24% |
2018 | 26.3 | 178.7% |
2017 | 9.45 | -41% |
2016 | 16.0 | -18.17% |
2015 | 19.6 | -100.73% |
2014 | < -1000 | -11870.38% |
2013 | 22.6 | 173.76% |
2012 | 8.27 |
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.