JHX
James Hardie Industries
PE ratio, current and historical analysis
- Stocks
- Basic Materials
- NYSE: JHX
- PE Ratio
As of Jun 11, 2026, the James Hardie Industries stock's P/E ratio is 125.74. This takes into account the latest EPS of $0.19 and stock price of $23.89. The PE ratio has increased by 100% from its last 4 quarters average of 62.9.
JHX PE ratio history
The PE ratio of James Hardie Industries has averaged 36.14 over the last ten years. The current price-to-earnings ratio of 125.74 is 248% more than the historical average. Analyzing the last ten years, JHX's PE ratio reached its highest point in the Mar 2026 quarter at 99.68, when the price was $18.94 and the EPS was $0.19. 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.
James Hardie Industries PE ratio by year
Maximum annual increase: 1,719.38% in 2013
Maximum annual decrease: -71.31% in 2015
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2026 | 99.68 | 314.64% | $18.94 | $0.19 |
| 2025 | 24.04 | -31.08% | $23.56 | $0.98 |
| 2024 | 34.88 | 85.24% | $40.46 | $1.16 |
| 2023 | 18.83 | -35.67% | $21.65 | $1.15 |
| 2022 | 29.27 | -43.53% | $30.15 | $1.03 |
| 2021 | 51.83 | 137.97% | $30.58 | $0.59 |
| 2020 | 21.78 | -12% | $11.98 | $0.55 |
| 2019 | 24.75 | -54.32% | $12.87 | $0.52 |
| 2018 | 54.18 | 112.64% | $17.88 | $0.33 |
| 2017 | 25.48 | 2.82% | $15.8 | $0.62 |
| 2016 | 24.78 | 39.21% | $13.63 | $0.55 |
| 2015 | 17.8 | -71.31% | $11.57 | $0.65 |
| 2014 | 62.05 | -40.99% | $13.65 | $0.22 |
| 2013 | 105.16 | 1,719.38% | $10.52 | $0.1 |
| 2012 | 5.78 | N/A | $8.04 | $1.39 |
James Hardie Industries PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2026 | 99.68 | 29.71% | $18.94 | $0.19 |
| Dec 2025 | 76.85 | 92.03% | $20.75 | $0.27 |
| Sep 2025 | 40.02 | 14.6% | $19.21 | $0.48 |
| Jun 2025 | 34.92 | 45.26% | $26.89 | $0.77 |
| Mar 2025 | 24.04 | -21.18% | $23.56 | $0.98 |
| Dec 2024 | 30.5 | -23.27% | $30.81 | $1.01 |
| Sep 2024 | 39.75 | 47.44% | $40.15 | $1.01 |
| Jun 2024 | 26.96 | -22.71% | $31.54 | $1.17 |
| Mar 2024 | 34.88 | 10.03% | $40.46 | $1.16 |
| Dec 2023 | 31.7 | 34.09% | $38.67 | $1.22 |
| Sep 2023 | 23.64 | 0.21% | $26.24 | $1.11 |
| Jun 2023 | 23.59 | 25.28% | $26.89 | $1.14 |
| Mar 2023 | 18.83 | 14.4% | $21.65 | $1.15 |
| Dec 2022 | 16.46 | -2.66% | $17.94 | $1.09 |
| Sep 2022 | 16.91 | -12.92% | $19.78 | $1.17 |
JHX Price vs fair value
JHX average PE ratio chart
What this chart measures
The Historical Valuation Regime chart shows where the stock's current valuation sits relative to its own historical valuation range over the selected lookback period.
This is a history-relative tool, not a market-relative percentile. It does not compare the stock to other companies. Instead, it compares each historical valuation reading to the stock's own past readings.
Percentile logic
The threshold lines are calculated them from the stock's real historical values using percentile interpolation. That is why some colored bands are narrow while others are wide: the band widths reflect how the stock actually traded through time.
Regime map
| Historical percentile | Regime | Chart meaning |
|---|---|---|
| 0-10 | Historically Low | Deep cheap zone |
| >10-25 | Below Average | Cheap relative to history |
| >25-75 | Average | Within the normal historical range |
| >75-90 | Above Average | Expensive relative to history |
| >90-100 | Historically High | Extreme or stretched valuation |
How to read each part
| Chart element | What it tells you |
|---|---|
| Main line | The actual historical valuation values over time for the selected metric. |
| Dashed horizontal lines | The stock's computed P10, P25, Median, P75, and P90 thresholds for the selected period. |
| Colored bands | The historical valuation zones between those thresholds. |
| Metric boxes | Current ratio, historical median, current percentile, and current regime. |
| Timeline strip | A condensed regime history showing how the stock moved between cheap, fair, and expensive states across each observation. |
Important metric definitions
Current Percentile is the percentile rank of the latest valid historical observation within the selected lookback range.
Current Regime is assigned directly from the latest observation's percentile bucket using the fixed 10 / 25 / 75 / 90 cutoffs shown above.
How to use it well
This chart is most useful for answering a narrow question: Is this stock trading high, low, or normal relative to its own history? It works best alongside growth, profitability, and forward-looking business analysis, because a stock can deserve a higher or lower regime if its business quality has changed.
The current PE ratio of JHX is above its 3, 5 and 10-year averages.
PE comparison
James Hardie Industries's price to earnings (P/E) of 125.74 is higher than the Basic Materials sector and the industry average.
JHX PE vs peers
When compared to its peer stock EXP, JHX's PE ratio is higher.
| Stock name | PE ratio | Market cap |
|---|---|---|
| EXP Eagle Materials Inc | 16.26 | $6.66B |
| JHX James Hardie Industries plc | 127 | $14B |
Frequently asked questions
What is James Hardie Industries's PE ratio?
As of Jun 11, 2026, JHX stock has a price to earnings ratio of 125.74.
What is the 3-year average PE ratio for James Hardie Industries (JHX)?
The average PE ratio for JHX stock over the past 3 years is 40.54.
What is the 5-year average PE ratio for James Hardie Industries (JHX)?
The average PE ratio for JHX stock over the past 5 years is 35.03.
What is the highest PE ratio for JHX?
Within the last ten years, the current price to earnings ratio is at its peak with a value of 125.74.
How does the current PE ratio for JHX compare to its historical average?
JHX's price to earnings ratio is currently 248% above its 10-year historical average.
Why is James Hardie Industries's PE ratio so high?
JHX's PE ratio of 125.74 is considered high because the company's stock price is trading at a higher multiple of earnings.
How is JHX's PE ratio calculated (James Hardie Industries PE ratio formula)?
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 (Jun 11, 2026), James Hardie Industries's share price is $23.89. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2026 is $0.19. Therefore, James Hardie Industries's price to earnings ratio for today is 125.74. PE RATIO(125.74) = STOCK PRICE($23.89) / TTM EPS($0.19)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.