According to FirstEnergy's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 46.4615. At the end of 2022 the company had a P/E ratio of 59.1.
Year | P/E ratio | Change |
---|---|---|
2022 | 59.1 | 235.19% |
2021 | 17.6 | 15.14% |
2020 | 15.3 | -46.46% |
2019 | 28.6 | 56.84% |
2018 | 18.2 | -330.98% |
2017 | -7.89 | 265.16% |
2016 | -2.16 | -109.4% |
2015 | 23.0 | -57.54% |
2014 | 54.2 | 54.35% |
2013 | 35.1 | 55.43% |
2012 | 22.6 | 7.51% |
2011 | 21.0 | 38.38% |
2010 | 15.2 | 8.12% |
2009 | 14.0 | 27.39% |
2008 | 11.0 | -34.98% |
2007 | 16.9 | 8.17% |
2006 | 15.7 | -16.24% |
2005 | 18.7 | 26.36% |
2004 | 14.8 | -41.99% |
2003 | 25.5 | 33.07% |
2002 | 19.2 | 54.53% |
2001 | 12.4 |
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.