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How to buy JB Hi-Fi (JBH) shares in Australia

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

Based in Australia, JB Hi-Fi is a multinational retailer offering a range of consumer goods across locations in Australia and New Zealand. Founded in 1974, JB Hi-Fi sells video gaming equipment, music products, DVDs and Blu-ray discs as well as small household electronic appliances and mobile products. JB Hi-Fi listed on the ASX in 2003 and has since expanded to over 300 locations.

How to buy shares in JB Hi-Fi

To buy shares listed in Australia such as JB Hi-Fi, you'll need to sign up to a broker with access to the ASX. Our table can help you compare share trading platforms and choose. Then follow these steps.

  1. Open and fund your brokerage account.
    Complete an application with your personal and financial details, including your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
  2. Search for JB Hi-Fi.
    Find the share by name or ticker symbol: JBH. Research its history to confirm it's a solid investment against your financial goals.
  3. Purchase now or later.
    Buy today with a market order or use a limit order to delay your purchase until JB Hi-Fi reaches your desired price. Look into dollar-cost averaging to spread out your risk, which smooths out buying at consistent intervals and amounts.
  4. Decide on how many to buy.
    At today's price, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
  5. Check on your investment.
    Congratulations, you own a part of JB Hi-Fi. Optimise your portfolio by tracking how your stock and the business performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that affect your stock.

JB Hi-Fi stock price (ASX:JBH)

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

JB Hi-Fi shares at a glance

Information last updated 2024-07-19.
52-week range$41.3188 - $66.37
50-day moving average $61.0268
200-day moving average $56.9039
Target price$58.41
PE ratio 15.5742
Dividend yield $2.73 (4.85%)
Earnings per share (TTM) $4.18

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The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.
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Is it a good time to buy JB Hi-Fi stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. However, this is not a recommendation. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

JB Hi-Fi price performance over time

Historical closes compared with the last close of A$66.64

1 week (2024-07-19) 2.37%
1 month (2024-06-26) 7.73%
3 months (2024-04-26) 10.11%
6 months (2024-01-25) 16.02%
1 year (2023-07-26) 50.09%
2 years (2022-07-26) 54.37%
3 years (2021-07-26) 32.22%
5 years (2019-07-26) 119.57%

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 16x. In other words, JB Hi-Fi shares trade at around 16x 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 $735.2 million (£0.0 million).

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

JB Hi-Fi financials

Revenue TTM $9.5 billion
Operating margin TTM 7.47%
Gross profit TTM $2.2 billion
Return on assets TTM 11.52%
Return on equity TTM 30.78%
Profit margin 4.83%
Book value 14.169
Market capitalisation $7.1 billion

TTM: trailing 12 months

JB Hi-Fi share dividends

75%

Dividend payout ratio: 74.62% of net profits

Recently JB Hi-Fi has paid out, on average, around 74.62% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 4.85% 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 4.85% return on their shares, in the form of dividend payments. In JB Hi-Fi's case, that would currently equate to about A$2.73 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 21 February 2024 (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 $41.3188 up to $66.37. A popular way to gauge a stock's volatility is its "beta".

JBH.AU volatility(beta: 0.92)Avg. volatility(beta: 1.00)LowHigh

Beta measures a share's volatility in relation to the market. The market (AU average) beta is 1, while JB Hi-Fi's is 0.916. 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 provides computers, such as laptops, desktop PCs, iPads, tablets, eBook readers, monitors and projectors, printers and ink, storage devices, keyboards and mouse, computer accessories, as well as software, and home internet and wi-fi products; televisions; headphones, speakers, and audio devices; and smart home appliances. The company also offers mobile phones; gaming devices, such as Xbox, Nintendo, PlayStation, and PC and retro gaming devices; music and vinyl products; movies and TV shows; and collectibles and merchandise, including apparel, card and board games, and jigsaw puzzles. In addition, it provides content creator gears for vloggers and influences, game streamers, podcasters, and music producers and DJs; cameras; drones and e-scooters; and fitness, health, and wellbeing products, such as smart watches, fitness trackers, massagers, health monitors, air treatment devices, sleep solutions, smart drink bottles, as well as shavers and trimmers, and hair and oral care products. Further, the company offers home appliances consisting of washers and dryers, fridges and freezers, dishwashers, vacuuming and cleaning products, small kitchen appliances, microwaves, coffee and beverages machines and accessories, and heating, cooling, and air treatment products. Additionally, it provides information technology and consulting services. It sold its products through branded retail store network comprising JB Hi-Fi/JB Hi-Fi Home stores in Australia; JB Hi-Fi stores in New Zealand; and The Good Guys stores in Australia, as well as online. The company was founded in 1974 and is based in Southbank, Australia.

JB Hi-Fi in the news

There are no recent company news

Frequently asked questions

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, 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 involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs comes with a higher risk of losing money rapidly due to leverage. 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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