P/E ratio for JB Hi-Fi (JBH.AX)
P/E ratio at the end of 2024: 14.7
According to JB Hi-Fi 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 26.5499. At the end of 2024 the company had a P/E ratio of 14.7.
P/E ratio history for JB Hi-Fi from 2004 to 2024
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2024 | 14.7 | 65.74% |
| 2023 | 8.85 | 16.46% |
| 2022 | 7.60 | -22.23% |
| 2021 | 9.78 | -36.46% |
| 2020 | 15.4 | 41.22% |
| 2019 | 10.9 | 12.2% |
| 2018 | 9.71 | -25.09% |
| 2017 | 13.0 | -1.27% |
| 2016 | 13.1 | 9.72% |
| 2015 | 12.0 | 21.01% |
| 2014 | 9.89 | 0.1% |
| 2013 | 9.88 | 86.57% |
| 2012 | 5.29 | -47.33% |
| 2011 | 10.1 | -26.4% |
| 2010 | 13.7 | -0.47% |
| 2009 | 13.7 | 16.75% |
| 2008 | 11.8 | -44.98% |
| 2007 | 21.4 | 22.77% |
| 2006 | 17.4 | 14.63% |
| 2005 | 15.2 | 13.62% |
| 2004 | 13.4 |
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.