P/E ratio for Stella-Jones (SJ.TO)
P/E ratio as of May 2024 (TTM): 17.8
According to Stella-Jones's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 17.7868. At the end of 2022 the company had a P/E ratio of 12.3.
P/E ratio history for Stella-Jones from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 12.3 | 7.11% |
| 2021 | 11.5 | -22.49% |
| 2020 | 14.8 | -5.91% |
| 2019 | 15.8 | -21.59% |
| 2018 | 20.1 | -3.25% |
| 2017 | 20.8 | 5.86% |
| 2016 | 19.6 | -23.36% |
| 2015 | 25.6 | 18.14% |
| 2014 | 21.7 | 6.62% |
| 2013 | 20.3 | 20.22% |
| 2012 | 16.9 | 45.77% |
| 2011 | 11.6 | -21.22% |
| 2010 | 14.7 | 36.15% |
| 2009 | 10.8 | 51.07% |
| 2008 | 7.16 | -63.49% |
| 2007 | 19.6 | 4.63% |
| 2006 | 18.8 | 47.32% |
| 2005 | 12.7 | 50.22% |
| 2004 | 8.47 | -7.15% |
| 2003 | 9.13 | 36.05% |
| 2002 | 6.71 | -83.23% |
| 2001 | 40.0 |
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.