The current price-to-earnings ratio for John Bean Technologies stock as of Dec 20, 2024 is 6.66. This is calculated based on the current EPS of $18.74 and the stock price of $124.78 per share. The P/E ratio has increased by 24% from the past four quarters average of 5.4.
The average historical PE ratio of John Bean Technologies for the last ten years is 28.68. The current PE ratio of 6.66 is 77% 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.
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% |
Currently, JBT's PE ratio is lower than the 3, 5 and 10-year averages.
JBT's PE ratio is lower than its peer stocks ITW and NOC. John Bean Technologies's current PE ratio of 6.66 is below the average of its peers, which is 28.85.
Stock name | PE ratio | Market cap |
---|---|---|
JBT John Bean Technologies CORP | 6.66 | $3.97B |
ITW Illinois Tool Works Inc | 22.31 | $76.43B |
NOC Northrop Grumman Corp | 28.93 | $68.41B |
SXI Standex International Corp | 30.89 | $2.3B |
AIR Aar Corp | 33.28 | $2.17B |
The price to earnings ratio for JBT stock is 6.66 as of Dec 20, 2024.
As an average over the last 3 years, JBT stock has a PE ratio of 20.9.
As an average over the last 5 years, JBT stock has a PE ratio of 24.79.
The highest quarterly PE ratio in the last ten years has been 56.14 and it was in the Mar 2018 quarter.
The current price to earnings ratio of JBT is 77% lower than the 10-year historical average.
A company with a lower PE ratio may indicate that the market has lower growth expectations for the company's future earnings.
To determine the PE ratio, divide the most recent stock price by the TTM earnings per share (EPS). As of today (Dec 20, 2024), John Bean Technologies's stock price is $124.78. 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 6.66. PE RATIO(6.66) = STOCK PRICE($124.78) / TTM EPS($18.74)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.