P/E ratio for FirstEnergy (FE)
P/E ratio as of June 2023 (TTM): 16.6
According to FirstEnergy's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.5991. At the end of 2018 the company had a P/E ratio of 18.2.
P/E ratio history for FirstEnergy from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2018 | 18.2 | -330.98% |
| 2017 | -7.89 | 265.16% |
| 2016 | -2.16 | -109.4% |
| 2015 | 23.0 | |
| 2013 | 35.1 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 American Electric Power AEP | 18.4 | 10.97% | 🇺🇸 USA |
 Consolidated Edison ED | 13.0 | -21.48% | 🇺🇸 USA |
 Dominion Energy D | 33.9 | 104.02% | 🇺🇸 USA |
 Exelon Corporation EXC | 17.6 | 6.05% | 🇺🇸 USA |
 NRG Energy
NRG | 8.78 | -47.14% | 🇺🇸 USA |
 Southern Company SO | 22.3 | 34.56% | 🇺🇸 USA |
 Nextera Energy NEE | 22.0 | 32.42% | 🇺🇸 USA |
 PPL PPL | 25.2 | 52.07% | 🇺🇸 USA |
 PSEG PEG | 13.1 | -20.90% | 🇺🇸 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.