P/E ratio for Edison International (EIX)
P/E ratio as of May 2023 (TTM): 49.3
According to Edison International 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 49.306. At the end of 2021 the company had a P/E ratio of 34.1.
P/E ratio history for Edison International from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 34.1 | 7.56% |
| 2020 | 31.7 | 60.3% |
| 2019 | 19.8 | -145.32% |
| 2018 | -43.7 | -219.46% |
| 2017 | 36.6 | 104.63% |
| 2016 | 17.9 | -5.57% |
| 2015 | 18.9 | 42.71% |
| 2014 | 13.3 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 American Electric Power AEP | 18.2 | -63.18% | 🇺🇸 USA |
 FirstEnergy FE | 16.2 | -67.20% | 🇺🇸 USA |
 Sempra Energy SRE | 18.4 | -62.60% | 🇺🇸 USA |
 Pinnacle West Capital
PNW | 18.8 | -61.95% | 🇺🇸 USA |
 Xcel Energy XEL | 20.2 | -58.96% | 🇺🇸 USA |
 Hawaiian Electric Industries HE | 17.4 | -64.71% | 🇺🇸 USA |
 PNM Resources PNM | 18.6 | -62.30% | 🇺🇸 USA |
 Portland General Electric
POR | 16.9 | -65.65% | 🇺🇸 USA |
 Pacific Gas and Electric
PCG | 17.6 | -64.33% | 🇺🇸 USA |
 Avista
AVA | 22.8 | -53.68% | 🇺🇸 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.