FirstEnergy
FE
#867
Rank
$21.53 B
Marketcap
$37.40
Share price
-0.03%
Change (1 day)
-8.47%
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 April 2024 (TTM): 41.1

According to FirstEnergy's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 41.0989. At the end of 2022 the company had a P/E ratio of 59.1.

P/E ratio history for FirstEnergy from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202259.1235.19%
202117.615.14%
202015.3-46.46%
201928.656.84%
201818.2-330.98%
2017-7.89265.16%
2016-2.16-109.4%
201523.0-57.54%
201454.254.35%
201335.155.43%
201222.67.51%
201121.038.38%
201015.28.12%
200914.027.39%
200811.0-34.98%
200716.98.17%
200615.7-16.24%
200518.726.36%
200414.8-41.99%
200325.533.07%
200219.254.53%
200112.4

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
18.6-54.85%๐Ÿ‡บ๐Ÿ‡ธ USA
12.8-68.82%๐Ÿ‡บ๐Ÿ‡ธ USA
17.6-57.13%๐Ÿ‡บ๐Ÿ‡ธ USA
16.9-58.85%๐Ÿ‡บ๐Ÿ‡ธ USA
-9.47-123.05%๐Ÿ‡บ๐Ÿ‡ธ USA
24.6-40.14%๐Ÿ‡บ๐Ÿ‡ธ USA
16.6-59.59%๐Ÿ‡บ๐Ÿ‡ธ USA
23.8-42.06%๐Ÿ‡บ๐Ÿ‡ธ USA
11.6-71.77%๐Ÿ‡บ๐Ÿ‡ธ 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.