P/E ratio for Johnson Controls (JCI)
P/E ratio as of May 2024 (TTM): 22.7
According to Johnson Controls 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 22.719. At the end of 2022 the company had a P/E ratio of 34.7.
P/E ratio history for Johnson Controls from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 34.7 | -6.16% |
| 2021 | 37.0 | -0.04% |
| 2020 | 37.0 | 479.29% |
| 2019 | 6.38 | -46.74% |
| 2018 | 12.0 | -48.87% |
| 2017 | 23.4 | -184.33% |
| 2016 | -27.8 | -291.63% |
| 2015 | 14.5 | -40.33% |
| 2014 | 24.3 | 7.53% |
| 2013 | 22.6 | 24.5% |
| 2012 | 18.2 | 68.94% |
| 2011 | 10.7 | -2.06% |
| 2010 | 11.0 | -43.27% |
| 2009 | 19.3 | -58.7% |
| 2008 | 46.8 | 3569.05% |
| 2007 | 1.28 | -62.07% |
| 2006 | 3.37 | 10.76% |
| 2005 | 3.04 | -25.92% |
| 2004 | 4.10 | 80.42% |
| 2003 | 2.27 | 45.31% |
| 2002 | 1.57 | -70.07% |
| 2001 | 5.23 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 BorgWarner BWA | 12.1 | -46.53% | 🇺🇸 USA |
 Emerson EMR | 4.90 | -78.42% | 🇺🇸 USA |
 Honeywell HON | 25.4 | 11.73% | 🇺🇸 USA |
 Visteon VC | 21.1 | -7.00% | 🇺🇸 USA |
 Gentherm THRM | 93.9 | 313.42% | 🇺🇸 USA |
 Gentex GNTX | 20.2 | -10.89% | 🇺🇸 USA |
 Magna International MGA | 14.7 | -35.08% | 🇨🇦 Canada |
 Lear Corporation
LEA | 13.8 | -39.34% | 🇺🇸 USA |
 Autoliv ALV | 26.0 | 14.54% | 🇸🇪 Sweden |
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.