P/E ratio for PJT Partners (PJT)
P/E ratio as of May 2024 (TTM): 30.8
According to PJT Partners 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 30.8297. At the end of 2022 the company had a P/E ratio of 22.4.
P/E ratio history for PJT Partners from 2015 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 22.4 | 13.89% |
| 2021 | 19.7 | 8.56% |
| 2020 | 18.1 | -60.81% |
| 2019 | 46.3 | 35.6% |
| 2018 | 34.1 | -164.28% |
| 2017 | -53.1 | -40.51% |
| 2016 | -89.2 | -331.01% |
| 2015 | 38.6 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Evercore EVR | 24.5 | -20.60% | 🇺🇸 USA |
 Moelis & Company MC | 98.8 | 220.44% | 🇺🇸 USA |
 Lazard LAZ | -35.7 | -215.77% | 🇧🇲 Bermuda |
 Houlihan Lokey
HLI | 32.0 | 3.73% | 🇺🇸 USA |
 Greenhill GHL | 17.4 | -43.46% | 🇺🇸 USA |
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.