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 |
|---|---|---|
| 2021 | 20.3 | 40.63% |
| 2020 | 14.4 | -23.88% |
| 2019 | 18.9 | 3.13% |
| 2018 | 18.4 | -48.14% |
| 2017 | 35.4 | -256.54% |
| 2016 | -22.6 | -67.26% |
| 2015 | -69.1 | -514.4% |
| 2014 | 16.7 | 5.34% |
| 2013 | 15.8 | |
| 2011 | 9.64 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 American Electric Power AEP | 18.7 | 1.85% | 🇺🇸 USA |
 CMS Energy
CMS | 21.4 | 16.71% | 🇺🇸 USA |
 Consolidated Edison ED | 13.4 | -27.25% | 🇺🇸 USA |
 Dominion Energy D | 36.2 | 97.20% | 🇺🇸 USA |
 Exelon Corporation EXC | 17.8 | -3.03% | 🇺🇸 USA |
 Southern Company SO | 22.9 | 24.52% | 🇺🇸 USA |
 Duke Energy DUK | 18.3 | -0.55% | 🇺🇸 USA |
 PPL PPL | 25.6 | 39.27% | 🇺🇸 USA |
 OGE Energy
OGE | 17.2 | -6.12% | 🇺🇸 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.