JBT John Bean Technologies PE ratio, current and historical analysis
The current price-to-earnings ratio for John Bean Technologies stock as of Nov 21, 2024 is 6.36. This is calculated based on the current EPS of $18.74 and the stock price of $119.18 per share. The P/E ratio has increased by 18% from the past four quarters average of 5.4.
JBT PE ratio history
The average historical PE ratio of John Bean Technologies for the last ten years is 28.68. The current PE ratio of 6.36 is 78% below the historical average. In the past ten years, JBT's PE ratio was at its highest in the Mar 2018 quarter at 56.14, when the stock price was $113.4 and the EPS was $2.02. The lowest value was in the Jun 2024 quarter, when it reached 5.13 with a price of $94.97 and an EPS of $18.52.
John Bean Technologies PE ratio by year
Maximum annual increase: 41.71% in 2016
Maximum annual decrease: -74.35% in 2023
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 5.46 | -74.35% |
| 2022 | 21.29 | -48.43% |
| 2021 | 41.28 | 23.26% |
| 2020 | 33.49 | 20.08% |
| 2019 | 27.89 | 26.6% |
| 2018 | 22.03 | -49.1% |
| 2017 | 43.28 | 15.81% |
| 2016 | 37.37 | 41.71% |
| 2015 | 26.37 | -16.55% |
| 2014 | 31.6 | 21.73% |
JBT average PE ratio chart
Currently, JBT's PE ratio is lower than the 3, 5 and 10-year averages.
JBT PE vs peers
JBT's PE ratio is lower than its peer stocks ITW and NOC. John Bean Technologies's current PE ratio of 6.36 is below the average of its peers, which is 30.98.
| Stock name | PE ratio | Market cap |
|---|---|---|
| JBT John Bean Technologies CORP | 6.36 | $3.8B |
| ITW Illinois Tool Works Inc | 23.26 | $79.69B |
| NOC Northrop Grumman Corp | 30.59 | $72.32B |
| SXI Standex International Corp | 32.81 | $2.44B |
| AIR Aar Corp | 37.27 | $2.44B |
Frequently asked questions
What is John Bean Technologies's PE ratio?
The price to earnings ratio for JBT stock is 6.36 as of Nov 21, 2024.
What is the 3-year average PE ratio for John Bean Technologies (JBT)?
As an average over the last 3 years, JBT stock has a PE ratio of 20.9.
What is the 5-year average PE ratio for John Bean Technologies (JBT)?
As an average over the last 5 years, JBT stock has a PE ratio of 24.79.
What is the highest PE ratio for JBT?
The highest quarterly PE ratio in the last ten years has been 56.14 and it was in the Mar 2018 quarter.
How does the current PE ratio for JBT compare to its historical average?
The current price to earnings ratio of JBT is 78% lower than the 10-year historical average.
Why is John Bean Technologies's PE ratio so low?
A company with a lower PE ratio may indicate that the market has lower growth expectations for the company's future earnings.
How is JBT's PE ratio calculated (John Bean Technologies PE ratio formula)?
To determine the PE ratio, divide the most recent stock price by the TTM earnings per share (EPS). As of today (Nov 21, 2024), John Bean Technologies's stock price is $119.18. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $18.74. Therefore, John Bean Technologies's P/E ratio for today is 6.36. PE RATIO(6.36) = STOCK PRICE($119.18) / TTM EPS($18.74)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.