PBF Logistics
PBFX
#4254
Rank
$1.26 B
Marketcap
$20.23
Share price
0.95%
Change (1 day)
52.79%
Change (1 year)

P/E ratio for PBF Logistics (PBFX)

P/E ratio as of October 2022 (TTM): 8.26

According to PBF Logistics 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.25714. At the end of 2021 the company had a P/E ratio of 4.65.

P/E ratio history for PBF Logistics from 2014 to 2022

PE ratio at the end of each year

Year P/E ratio Change
20214.6520.45%
20203.86-67.59%
201911.91.93%
201811.721.04%
20179.656.62%
20169.05-7.59%
20159.80-60.87%
201425.0

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.