Raymond James
RJF
#830
Rank
$20.19 B
Marketcap
$92.27
Share price
4.83%
Change (1 day)
-12.71%
Change (1 year)

P/E ratio for Raymond James (RJF)

P/E ratio as of March 2023 (TTM): 12.3

According to Raymond James's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.3191. At the end of 2021 the company had a P/E ratio of 13.5.

P/E ratio history for Raymond James from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202113.5-41.14%
202022.992.39%
201911.98.55%
201811.0-48.34%
201721.223.1%
201617.2-0.13%
201517.34.5%
201416.5-10.16%
201318.49.22%
201216.8

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
13.0 5.24%๐Ÿ‡บ๐Ÿ‡ธ USA
16.0 29.71%๐Ÿ‡บ๐Ÿ‡ธ USA
14.8 20.09%๐Ÿ‡บ๐Ÿ‡ธ USA
8.89-27.80%๐Ÿ‡บ๐Ÿ‡ธ 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.