As of May 16, 2024, the James Hardie Industries stock's P/E ratio is 30.58. This takes into account the latest EPS of $1.22 and stock price of $37.31. The PE ratio has increased by 25% from its last 4 quarters average of 24.4.
The PE ratio of James Hardie Industries has averaged 33.88 over the last ten years. The current price-to-earnings ratio of 30.58 is 10% less than the historical average. Analyzing the last ten years, JHX's PE ratio reached its highest point in the Sep 2014 quarter at 80.45, when the price was $10.46 and the EPS was $0.13. The lowest point was recorded in the Dec 2022 quarter, when it reached 16.46 with a price of $17.94 and an EPS of $1.09.
Maximum annual increase: 137.97% in 2021
Maximum annual decrease: -71.31% in 2015
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 18.83 | -35.67% |
| 2022 | 29.27 | -43.53% |
| 2021 | 51.83 | 137.97% |
| 2020 | 21.78 | -12% |
| 2019 | 24.75 | -54.32% |
| 2018 | 54.18 | 112.64% |
| 2017 | 25.48 | 2.82% |
| 2016 | 24.78 | 39.21% |
| 2015 | 17.8 | -71.31% |
| 2014 | 62.05 | -40.99% |
The current PE ratio of JHX is above its 3-year average, but it is under its 5 and 10-year averages.
When compared to its peer stock EXP, JHX's PE ratio is higher.
| Stock name | PE ratio | Market cap |
|---|---|---|
| EXP Eagle Materials Inc | 18.07 | $8.9B |
| JHX James Hardie Industries plc | 30.58 | $16.26B |
As of May 16, 2024, JHX stock has a price to earnings ratio of 30.58.
The average PE ratio for JHX stock over the past 3 years is 26.63.
The average PE ratio for JHX stock over the past 5 years is 34.56.
Over the last ten years, the quarterly PE ratio reached its highest level at 80.45 in the Sep 2014 quarter.
JHX's price to earnings ratio is currently 10% below its 10-year historical average.
You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months earnings per share(EPS). As of today (May 16, 2024), James Hardie Industries's share price is $37.31. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $1.22. Therefore, James Hardie Industries's price to earnings ratio for today is 30.58. PE RATIO(30.58) = STOCK PRICE($37.31) / TTM EPS($1.22)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.