Raymond James
RJF
#848
Rank
$22.51 B
Marketcap
$108.62
Share price
-2.23%
Change (1 day)
-2.09%
Change (1 year)

P/E ratio for Raymond James (RJF)

P/E ratio as of July 2024 (TTM): 13.5

According to Raymond James's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.473. At the end of 2022 the company had a P/E ratio of 14.5.

P/E ratio history for Raymond James from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202214.57.73%
202113.5-11.54%
202015.228.06%
201911.98.55%
201811.0-48.34%
201721.223.1%
201617.2-0.13%
201517.34.5%
201416.5-10.16%
201318.49.22%
201216.813.04%
201114.9-2.59%
201015.3-29.29%
200921.6157.34%
20088.40-45.24%
200715.31.68%
200615.1-15.13%
200517.811.28%
200416.0-15.71%
200318.9-0.72%
200219.1-8.37%
200120.8

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
18.0 33.88%๐Ÿ‡บ๐Ÿ‡ธ USA
20.7 53.66%๐Ÿ‡บ๐Ÿ‡ธ USA
238 1,665.57%๐Ÿ‡บ๐Ÿ‡ธ USA
16.5 22.33%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.