P/E ratio for Consolidated Edison (ED)

P/E ratio history for Consolidated Edison from 2001 to 2023

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
FirstEnergy FE	45.3	228.85%	🇺🇸 USA
Dominion Energy D	21.1	52.70%	🇺🇸 USA
PSEG PEG	15.7	13.83%	🇺🇸 USA
CMS Energy CMS	26.8	94.33%	🇺🇸 USA
Exelon Corporation EXC	18.1	30.95%	🇺🇸 USA
NiSource NI	22.4	62.72%	🇺🇸 USA
Unitil Corporation UTL	21.8	58.25%	🇺🇸 USA
WEC Energy Group WEC	22.4	62.64%	🇺🇸 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.