South Jersey Industries
SJI
#2947
Rank
$4.41 B
Marketcap
$36.09
Share price
-0.06%
Change (1 day)
4.61%
Change (1 year)

P/E ratio for South Jersey Industries (SJI)

P/E ratio on April 5, 2023 (TTM): 88.0

According to South Jersey Industries 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 88.0244. At the end of 2017 the company had a P/E ratio of -625.

P/E ratio history for South Jersey Industries from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
2017-625-3066.34%
201621.136.97%
201515.4

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
24.4-72.30%๐Ÿ‡บ๐Ÿ‡ธ USA
15.9-81.93%๐Ÿ‡บ๐Ÿ‡ธ USA
11.9-86.51%๐Ÿ‡บ๐Ÿ‡ธ USA
21.8-75.20%๐Ÿ‡บ๐Ÿ‡ธ USA
-22.6-125.68%๐Ÿ‡บ๐Ÿ‡ธ USA
-3.74-104.24%๐Ÿ‡บ๐Ÿ‡ธ USA
23.1-73.73%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.