The current PE ratio for Jabil stock as of Apr 25, 2024 is 10.0. This is calculated based on the TTM EPS of $11.85 and the stock price of $118.48 per share. The PE ratio has decreased by 36% from its last 4 quarters average of 15.6.
The average historical PE ratio of Jabil for the last ten years is 26.01. The current price-to-earnings ratio of 10.0 is 62% less than the historical average. Analyzing the last ten years, JBL's PE ratio reached its highest point in the May 2020 quarter at 119.68, when the price was $29.92 and the EPS was $0.25. The lowest point was recorded in the Aug 2022 quarter, when it reached 8.54 with a price of $60.3 and an EPS of $7.06.
Maximum annual increase: 509.25% in 2020
Maximum annual decrease: -86.12% in 2021
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 18.6 | 117.8% |
| 2022 | 8.54 | -35.16% |
| 2021 | 13.17 | -86.12% |
| 2020 | 94.86 | 509.25% |
| 2019 | 15.57 | -73.66% |
| 2018 | 59.12 | 33.91% |
| 2017 | 44.15 | 177.15% |
| 2016 | 15.93 | 21.05% |
| 2015 | 13.16 | -27.41% |
| 2014 | 18.13 | 45.39% |
Currently, JBL's PE ratio is under its 3, 5 and 10-year averages.
When compared to its peer stocks FLEX and CLS, JBL's PE ratio is lower. Jabil's PE ratio is trading below the peer average of 17.9.
| Stock name | PE ratio | Market cap |
|---|---|---|
| JBL Jabil Inc | 9.98 | $14.27B |
| SANM Sanmina Corp | 13.2 | $3.52B |
| CLS Celestica, Inc. | 15.93 | $5.1B |
| FLEX Flex Ltd | 17.04 | $12.27B |
| BHE Benchmark Electronics Inc | 17.15 | $1.11B |
| PLXS Plexus Corp | 21.98 | $2.77B |
As of Apr 25, 2024, JBL stock has a price to earnings ratio of 10.
Over the last 3 years, the average PE ratio for JBL stock is 12.73.
Over the last 5 years, the average PE ratio for JBL stock is 25.73.
Over the last ten years, the quarterly PE ratio reached its highest level at 119.68 in the May 2020 quarter.
The current PE ratio of JBL is 62% lower than the 10-year historical average.
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Apr 25, 2024), Jabil's share price is $118.48. The company's earnings per share for the trailing twelve months (TTM) ending Feb 2024 is $11.85. Therefore, Jabil's price to earnings ratio for today is 10. PE RATIO(10) = STOCK PRICE($118.48) / TTM EPS($11.85)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.