P/E ratio for Edison International (EIX)

P/E ratio history for Edison International 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
Hawaiian Electric Industries HE	4.95	-81.41%	🇺🇸 USA
PNM Resources PNM	23.3	-12.40%	🇺🇸 USA
Pacific Gas and Electric PCG	22.6	-15.33%	🇺🇸 USA
Portland General Electric POR	21.1	-20.89%	🇺🇸 USA
Pinnacle West Capital PNW	22.0	-17.60%	🇺🇸 USA
American Electric Power AEP	22.5	-15.44%	🇺🇸 USA
FirstEnergy FE	45.7	71.56%	🇺🇸 USA
Xcel Energy XEL	22.5	-15.42%	🇺🇸 USA
Avista AVA	17.1	-35.64%	🇺🇸 USA
Sempra Energy SRE	23.3	-12.70%	🇺🇸 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.