Edison International
EIX
#740
Rank
$25.93 B
Marketcap
$67.46
Share price
1.37%
Change (1 day)
-1.40%
Change (1 year)

P/E ratio for Edison International (EIX)

P/E ratio as of March 2024 (TTM): 21.0

According to Edison International 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 20.9503. At the end of 2022 the company had a P/E ratio of 39.5.

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

PE ratio at the end of each year

Year P/E ratio Change
202239.515.8%
202134.17.56%
202031.760.3%
201919.8-145.32%
2018-43.7-219.46%
201736.6106.67%
201617.7-6.5%
201518.942.71%
201413.3-19.55%
201316.5-120.42%
2012-80.7-78.56%
2011-376-3844.14%
201010.1-25.14%
200913.454.27%
20088.70-45.52%
200716.025.08%
200612.81.36%
200512.610.18%
200411.430.93%
20038.74144.05%
20023.58-24.61%
20014.75

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
19.5-7.00%๐Ÿ‡บ๐Ÿ‡ธ USA
41.0 95.49%๐Ÿ‡บ๐Ÿ‡ธ USA
17.9-14.73%๐Ÿ‡บ๐Ÿ‡ธ USA
16.4-21.89%๐Ÿ‡บ๐Ÿ‡ธ USA
16.2-22.87%๐Ÿ‡บ๐Ÿ‡ธ USA
5.47-73.87%๐Ÿ‡บ๐Ÿ‡ธ USA
21.2 1.01%๐Ÿ‡บ๐Ÿ‡ธ USA
18.2-13.12%๐Ÿ‡บ๐Ÿ‡ธ USA
18.5-11.78%๐Ÿ‡บ๐Ÿ‡ธ USA
15.1-28.04%๐Ÿ‡บ๐Ÿ‡ธ 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.