Johnson & Johnson
JNJ
#27
Rank
$374.79 B
Marketcap
$155.73
Share price
3.13%
Change (1 day)
-2.10%
Change (1 year)

Johnson & Johnson is a global American pharmaceutical and consumer goods company with headquarters in New Brunswick, New Jersey. The company is listed in the Dow Jones Industrial Average.

P/E ratio for Johnson & Johnson (JNJ)

P/E ratio as of July 2024 (TTM): 10.7

According to Johnson & Johnson's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.7211. At the end of 2022 the company had a P/E ratio of 25.9.

P/E ratio history for Johnson & Johnson from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202225.919.85%
202121.6-23.35%
202028.233.07%
201921.2-6.74%
201822.7-92.46%
20173011460.23%
201619.34.46%
201518.52.49%
201418.0-3.32%
201318.64.62%
201217.8-3.85%
201118.545.08%
201012.8-12.21%
200914.512.32%
200813.0-28.94%
200718.23.79%
200617.6-1.25%
200517.8-22.81%
200423.08.57%
200321.2-13.1%
200224.4-23.17%
200131.8

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
15.9 47.93%๐Ÿ‡บ๐Ÿ‡ธ USA
68.9 542.28%๐Ÿ‡บ๐Ÿ‡ธ USA
29.6 175.66%๐Ÿ‡จ๐Ÿ‡ญ Switzerland
15.7 46.79%๐Ÿ‡ซ๐Ÿ‡ท France
49.0 356.69%๐Ÿ‡บ๐Ÿ‡ธ USA
28.7 167.82%๐Ÿ‡ฎ๐Ÿ‡ช Ireland
173 1,517.65%๐Ÿ‡บ๐Ÿ‡ธ USA
34.6 222.36%๐Ÿ‡บ๐Ÿ‡ธ USA
11.1 3.65%๐Ÿ‡ฌ๐Ÿ‡ง UK
16.3 52.21%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.