The current PE ratio for Jabil stock as of Jul 25, 2024 is 9.88. This is calculated based on the TTM EPS of $11.17 and the stock price of $110.35 per share. The PE ratio has decreased by 35% from its last 4 quarters average of 15.2.
The average historical PE ratio of Jabil for the last ten years is 26.04. The current price-to-earnings ratio of 9.88 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 21.44.
Stock name | PE ratio | Market cap |
---|---|---|
JBL Jabil Inc | 9.88 | $12.52B |
FLEX Flex Ltd | 13.86 | $12.86B |
SANM Sanmina Corp | 17.09 | $4.12B |
CLS Celestica, Inc. | 17.16 | $6.25B |
BHE Benchmark Electronics Inc | 23.08 | $1.53B |
PLXS Plexus Corp | 35.29 | $3.56B |
As of Jul 25, 2024, JBL stock has a price to earnings ratio of 9.88.
Over the last 3 years, the average PE ratio for JBL stock is 12.42.
Over the last 5 years, the average PE ratio for JBL stock is 25.2.
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.
JBL's stock price is trading at a lower multiple of earnings, which is why its PE ratio of 9.88 is considered low.
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Jul 25, 2024), Jabil's share price is $110.35. The company's earnings per share for the trailing twelve months (TTM) ending May 2024 is $11.17. Therefore, Jabil's price to earnings ratio for today is 9.88. PE RATIO(9.88) = STOCK PRICE($110.35) / TTM EPS($11.17)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.