P/E ratio for South Jersey Industries (SJI)

P/E ratio history for South Jersey Industries from 2001 to 2022

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
Chesapeake Utilities CPK	26.6	-69.75%	🇺🇸 USA
New Jersey Resources NJR	17.4	-80.21%	🇺🇸 USA
National Fuel Gas NFG	12.4	-85.94%	🇺🇸 USA
NiSource NI	23.3	-73.56%	🇺🇸 USA
Southwest Gas SWX	-23.6	-126.76%	🇺🇸 USA
UGI Corporation UGI	-4.31	-104.89%	🇺🇸 USA
CenterPoint Energy CNP	25.1	-71.44%	🇺🇸 USA

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.