P/E ratio for FirstEnergy (FE)

P/E ratio history for FirstEnergy 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
Consolidated Edison ED	12.9	-70.41%	🇺🇸 USA
PSEG PEG	15.1	-65.42%	🇺🇸 USA
Exelon Corporation EXC	17.2	-60.51%	🇺🇸 USA
American Electric Power AEP	21.2	-51.26%	🇺🇸 USA
PPL PPL	29.0	-33.41%	🇺🇸 USA
Dominion Energy D	19.6	-54.93%	🇺🇸 USA
Southern Company SO	29.8	-31.58%	🇺🇸 USA
Nextera Energy NEE	18.9	-56.70%	🇺🇸 USA
NRG Energy NRG	-11.8	-127.09%	🇺🇸 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.