Start with its own history
At 32.01×, JCI is 6.7% below its 10-observation annual average. A lower multiple can reflect a lower price, higher earnings, or weaker growth expectations—not necessarily a bargain.

Current valuation, historical context, and peer comparisons.
Current P/E ratio
32.01×
6.7% belowthe 10-year annual average
Price and EPS in quote currency. Calculation details
Investors are paying 32.01 for every 1 of reported earnings per share.
Annual period-end data · 25 observations
| Period end | P/E | Change |
|---|---|---|
| Sep 30, 2026 | 31.70× | -23.9% |
| Sep 30, 2025 | 41.65× | +35.8% |
| Sep 30, 2024 | 30.68× | +55.7% |
| Sep 30, 2023 | 19.71× | -11.1% |
| Sep 30, 2022 | 22.17× | -24.8% |
| Sep 30, 2021 | 29.47× | -39.4% |
| Sep 30, 2020 | 48.63× | -39.6% |
| Sep 30, 2019 | 80.58× | +436.0% |
| Period end | P/E | Change |
|---|---|---|
| Sep 30, 2018 | 15.03× | -35.8% |
| Sep 30, 2017 | 23.42× | N/M |
| Sep 30, 2016 | N/M | N/M |
| Sep 30, 2015 | 12.54× | -45.3% |
| Sep 30, 2014 | 22.95× | +1.5% |
| Sep 30, 2013 | 22.61× | +52.3% |
| Sep 30, 2012 | 14.84× | +73.3% |
| Sep 30, 2011 | 8.56× | +12.0% |
| Sep 30, 2010 | 7.65× | N/M |
| Sep 30, 2009 | N/M | N/M |
| Sep 30, 2008 | 9.76× | +4.2% |
| Sep 30, 2007 | 9.37× | -5.4% |
| Sep 30, 2006 | 9.90× | -21.3% |
| Sep 30, 2005 | 12.58× | -14.3% |
| Sep 30, 2004 | 14.68× | -48.0% |
| Sep 30, 2003 | 28.21× | +142.3% |
| Sep 30, 2002 | 11.64× | N/M |
Change is relative to the preceding observation. N/M values are excluded from averages.
Company P/E vs. peer trailing-12-month ratios
| Company | P/E ratio |
|---|---|
JCI This stockJohnson Controls International plc | 32.01× |
CARRCarrier Global Corporation | N/M |
TTTrane Technologies plc | 28.87× |
LIILennox International Inc. | 16.60× |
AAONAAON, Inc. | 30.03× |
EMREmerson Electric Co. | 35.57× |
HONHoneywell International Inc. | 10.33× |
ALLEAllegion plc | 23.88× |
VRTVertiv Holdings Co | 37.58× |
Peers are selected by the data provider. Business models and earnings definitions can differ.
Put the numbers in context
At 32.01×, JCI is 6.7% below its 10-observation annual average. A lower multiple can reflect a lower price, higher earnings, or weaker growth expectations—not necessarily a bargain.
The median of the 7 positive peer ratios above is 28.87×. Check growth, margins, debt, and earnings quality before interpreting the gap. A faster-growing business may justify a higher multiple.
One-off gains can temporarily lower P/E; unusual charges can raise it. Reported earnings and forward estimates answer different questions. Pair this view with return on equity and liquidity for a fuller picture.
Keep your research connected
Pull historical P/E into Excel or Google Sheets with Wisesheets. Build your own comparisons alongside the rest of your financial model.
Explore Wisesheets=WISE("JCI", "PE Ratio", "LQ")Share price 140.53 ÷ EPS 4.39 = 32.01×. Data is supplied by Financial Modeling Prep through Wisesheets. Quote feed updated Nov 5, 2026; this is not a real-time trading quote.
Annual and quarterly P/E observations are provided separately from the current quote. Averages use the latest 3, 5, or 10 annual observations, excluding missing and nonpositive ratios. Pre-IPO observations are omitted. These are period-end observations, not daily averages.
The current quote feed does not specify the exact EPS filing-period end or whether EPS is basic or diluted. We do not label it as forward P/E. Peer ratios are explicitly trailing-12-month (TTM) values. Historical observations do not include independently verified price and EPS inputs. Sources may update on different schedules; rounded inputs can produce small calculation differences. Historical comparisons describe past pricing, not an estimate of fair value.
The essentials behind the numbers.
Johnson Controls International plc's current P/E is 32.01× based on the quote data last updated Nov 5, 2026. It represents the share price divided by reported earnings per share. Prices and earnings may refresh on different schedules.
Annual P/E uses earnings for a completed fiscal year. Trailing-12-month (TTM) P/E uses the latest four quarters, while forward P/E uses forecast earnings. These are not interchangeable. This page labels peer ratios as TTM and shows dated annual or quarterly historical observations; it does not show forward estimates.
N/M means not meaningful: the feed has no positive P/E for that observation. Negative or zero earnings should not be ranked as a low positive valuation multiple. N/M observations are excluded from the averages shown above.
Divide the share price by earnings per share (EPS). For example, a share price of 100 and EPS of 5 gives a P/E of 20×. This page uses the price and EPS supplied together in the quote when both are positive.
Price timestamps, EPS definitions, share classes, adjustments, and fiscal periods can differ. A forward P/E also uses forecast earnings rather than reported earnings. Compare the inputs and as-of dates before comparing two displayed ratios.
Not necessarily. The average describes previous market pricing, not fair value. Changes in earnings quality, growth expectations, debt, accounting, and business risk can justify a different multiple today.