The current price-to-earnings ratio for John Bean Technologies stock as of Apr 26, 2024 is 4.99. This is calculated based on the current EPS of $18.21 and the stock price of $90.8 per share. The P/E ratio has decreased by 75% from the past four quarters average of 19.8.
The average historical PE ratio of John Bean Technologies for the last ten years is 30.49. The current PE ratio of 4.99 is 84% 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 Dec 2023 quarter, when it reached 5.46 with a price of $99.45 and an EPS of $18.21.
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 4.99 is below the average of its peers, which is 28.42.
| Stock name | PE ratio | Market cap |
|---|---|---|
| JBT John Bean Technologies CORP | 4.95 | $2.87B |
| SXI Standex International Corp | 14.75 | $2.06B |
| ITW Illinois Tool Works Inc | 25.54 | $74.55B |
| NOC Northrop Grumman Corp | 33.71 | $71.8B |
| AIR Aar Corp | 40.91 | $2.46B |
The price to earnings ratio for JBT stock is 4.99 as of Apr 26, 2024.
As an average over the last 3 years, JBT stock has a PE ratio of 28.42.
As an average over the last 5 years, JBT stock has a PE ratio of 27.97.
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 84% 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 (Apr 26, 2024), John Bean Technologies's stock price is $90.8. The earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $18.21. Therefore, John Bean Technologies's P/E ratio for today is 4.99. PE RATIO(4.99) = STOCK PRICE($90.8) / TTM EPS($18.21)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.