FirstEnergy
FE
#761
Rank
$23.39 B
Marketcap
$40.94
Share price
0.27%
Change (1 day)
5.95%
Change (1 year)
FirstEnergy is an electric utility operating company serving 6 million customers in the areas of of Ohio, Pennsylvania, West Virginia, Virginia, Maryland, New Jersey and New York.

P/E ratio for FirstEnergy (FE)

P/E ratio as of August 2022 (TTM): 22.7

According to FirstEnergy's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 22.6833. 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
201818.2-330.98%
2017-7.89265.16%
2016-2.16-109.4%
201523.0
201335.1

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.