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How to buy JB Hi-Fi (JBH) shares

Learn how to easily invest in JB Hi-Fi shares.

JB Hi-Fi Ltd (JBH) is a leading specialty retail business based in Australia. It opened the day at AUDA$38.7 after a previous close of AUDA$38.77. During the day the price has varied from a low of AUDA$38.44 to a high of AUDA$39.14. The latest price was AUDA$38.59 (25 minute delay). JB Hi-Fi is listed on the Australian Securities Exchange (ASX) and employs 13,200 staff. All prices are listed in Australian Dollars.

How to buy shares in JB Hi-Fi

  1. Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – JBH – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

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How has Coronavirus impacted JB Hi-Fi's stock price?

Since the stock market crash in March caused by coronavirus, JB Hi-Fi's stock price has had significant negative movement.

Its last market close was A$39.43, which is 1.99% down on its pre-crash value of A$40.23 and 89.66% up on the lowest point reached during the March crash when the stocks fell as low as A$20.79.

If you had bought A$1,000 worth of JB Hi-Fi stocks at the start of February 2020, those stocks would have been worth A$618.70 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth A$991.27.

JB Hi-Fi shares at a glance

Information last updated 2022-06-24.
OpenA$38.70
HighA$39.14
LowA$38.44
CloseA$38.59
Previous closeA$38.77
Change A$-0.18
Change % -0.4643%
Volume 83,236
Information last updated 2022-06-21.
52-week rangeA$36.69 - A$56.85
50-day moving average A$47.25
200-day moving average A$48.27
Wall St. target priceA$52.43
PE ratio 9.5807
Dividend yield A$2.7 (7.29%)
Earnings per share (TTM) A$4.13

JB Hi-Fi stock price (Australian Securities Exchange (ASX):JBH)

Use our graph to track the performance of JBH stocks over time.

JB Hi-Fi price performance over time

Historical closes compared with the close of A$38.59 from 2022-06-24

1 week (2022-06-17) 4.16%
1 month (2022-05-25) -15.74%
3 months (2022-03-25) -29.55%
6 months (2021-12-24) -20.43%
1 year (2021-06-25) -21.34%
2 years (2020-06-25) -7.03%
3 years (2019-06-25) 49.05%
5 years (2017-06-23) 68.07%

Is JB Hi-Fi under- or over-valued?

Valuing JB Hi-Fi stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of JB Hi-Fi's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

JB Hi-Fi's P/E ratio

JB Hi-Fi's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 10x. In other words, JB Hi-Fi shares trade at around 10x recent earnings.

That's relatively low compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

JB Hi-Fi's EBITDA

JB Hi-Fi's EBITDA (earnings before interest, taxes, depreciation and amortisation) is A$757.4 million.

The EBITDA is a measure of a JB Hi-Fi's overall financial performance and is widely used to measure a its profitability.

JB Hi-Fi financials

Revenue TTM A$8.8 billion
Operating margin TTM 7.98%
Gross profit TTM A$2 billion
Return on assets TTM 11.49%
Return on equity TTM 34.36%
Profit margin 5.39%
Book value A$12.66
Market capitalisation A$4.3 billion

TTM: trailing 12 months

JB Hi-Fi share dividends

65%

Dividend payout ratio: 65.38% of net profits

Recently JB Hi-Fi has paid out, on average, around 65.38% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 7.29% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), JB Hi-Fi shareholders could enjoy a 7.29% return on their shares, in the form of dividend payments. In JB Hi-Fi's case, that would currently equate to about A$2.7 per share.

JB Hi-Fi's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

The latest dividend was paid out to all shareholders who bought their shares by 22 February 2022 (the "ex-dividend date").

JB Hi-Fi share price volatility

Over the last 12 months, JB Hi-Fi's shares have ranged in value from as little as A$36.69 up to A$56.85. A popular way to gauge a stock's volatility is its "beta".

JBH.AU volatility(beta: 0.76)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (AU average) beta is 1, while JB Hi-Fi's is 0.7619. This would suggest that JB Hi-Fi's shares are less volatile than average (for this exchange).

JB Hi-Fi overview

JB Hi-Fi Limited, together with its subsidiaries, retails home consumer products. The company operates through three segments: JB Hi-Fi Australia, JB Hi-Fi New Zealand, and The Good Guys. It offers consumer electronics products and services, including televisions, audio equipment, computers, and cameras; telecommunications products and services; software products, such as music, movies, TV shows, and games; musical instruments; and home appliances comprising washers and dryers, fridges and freezers, vacuuming and cleaning, microwaves and dishwashers, coffee machines, small kitchen appliances, and heating and cooling products. The company also provides mobile phones, headphones, speakers, vinyl, and collectibles and merchandise; apparel, such as t-shirts, hoodies, beanies, caps, and socks; drones, e-scooters and rideable, and car gears; smart and sport watches, activity trackers, wearables, electric toothbrushes, hair styling, men's shavers an d hair clippers, massager, blood pressure and heart rate monitors, and smart scales. In addition, it offers information technology and consulting services. As of June 30, 2021, the company sold its products through branded retail store network comprising 197 JB Hi-Fi/JB Hi-Fi Home stores in Australia; 14 JB Hi-Fi stores in New Zealand; and 105 The Good Guys stores in Australia, as well as online. JB Hi-Fi Limited was founded in 1974 and is based in Southbank, Australia.

Frequently asked questions

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involve substantial risk of loss and therefore are not appropriate for all investors. Past performance is not an indication of future results. Consider your own circumstances and obtain your own advice before making any trades.

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