P/E ratio for South Jersey Industries (SJI)
P/E ratio as of March 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% |
| 2016 | 21.1 | 36.97% |
| 2015 | 15.4 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 CenterPoint Energy
CNP | 16.5 | -81.29% | 🇺🇸 USA |
 NiSource
NI | 19.0 | -78.47% | 🇺🇸 USA |
 Chesapeake Utilities
CPK | 24.8 | -71.87% | 🇺🇸 USA |
 New Jersey Resources NJR | 14.7 | -83.32% | 🇺🇸 USA |
 UGI Corporation
UGI | 32.1 | -63.55% | 🇺🇸 USA |
 Southwest Gas
SWX | -21.3 | -124.17% | 🇺🇸 USA |
 National Fuel Gas
NFG | 8.82 | -89.98% | 🇺🇸 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.