P/E ratio for Portland General Electric (POR)

P/E ratio history for Portland General Electric from 2006 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
Pacific Gas and Electric PCG	22.3	7.67%	🇺🇸 USA
Idacorp IDA	20.7	-0.21%	🇺🇸 USA
Hawaiian Electric Industries HE	5.06	-75.61%	🇺🇸 USA
Edison International EIX	25.3	21.88%	🇺🇸 USA
Avista AVA	16.5	-20.67%	🇺🇸 USA
Xcel Energy XEL	20.9	0.94%	🇺🇸 USA
Pinnacle West Capital PNW	21.2	2.11%	🇺🇸 USA
PPL PPL	29.1	40.38%	🇺🇸 USA
PNM Resources PNM	23.3	12.43%	🇺🇸 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.