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	4.80	-80.43%	🇺🇸 USA
PNM Resources PNM	23.3	-4.96%	🇺🇸 USA
Pacific Gas and Electric PCG	21.8	-11.40%	🇺🇸 USA
Portland General Electric POR	19.7	-19.74%	🇺🇸 USA
Pinnacle West Capital PNW	20.2	-17.70%	🇺🇸 USA
American Electric Power AEP	21.2	-13.49%	🇺🇸 USA
FirstEnergy FE	43.6	77.50%	🇺🇸 USA
Xcel Energy XEL	21.4	-12.85%	🇺🇸 USA
Avista AVA	16.3	-33.72%	🇺🇸 USA
Sempra Energy SRE	21.9	-10.85%	🇺🇸 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.