Entergy
ETR
#817
Rank
$21.46 B
Marketcap
$101.50
Share price
0.19%
Change (1 day)
-14.21%
Change (1 year)

P/E ratio for Entergy (ETR)

P/E ratio as of June 2023 (TTM): 18.4

According to Entergy's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 18.3544. At the end of 2021 the company had a P/E ratio of 20.3.

P/E ratio history for Entergy from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202120.340.63%
202014.4-23.88%
201918.93.13%
201818.4-48.14%
201735.4-256.54%
2016-22.6-67.26%
2015-69.1-514.4%
201416.75.34%
201315.8
20119.64

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
18.7 1.85%๐Ÿ‡บ๐Ÿ‡ธ USA
21.4 16.71%๐Ÿ‡บ๐Ÿ‡ธ USA
13.4-27.25%๐Ÿ‡บ๐Ÿ‡ธ USA
36.2 97.20%๐Ÿ‡บ๐Ÿ‡ธ USA
17.8-3.03%๐Ÿ‡บ๐Ÿ‡ธ USA
22.9 24.52%๐Ÿ‡บ๐Ÿ‡ธ USA
18.3-0.55%๐Ÿ‡บ๐Ÿ‡ธ USA
25.6 39.27%๐Ÿ‡บ๐Ÿ‡ธ USA
17.2-6.12%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.