FirstEnergy
FE
#803
Rank
$21.59 B
Marketcap
$37.70
Share price
1.40%
Change (1 day)
-9.98%
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 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
201818.2-330.98%
2017-7.89265.16%
2016-2.16-109.4%
201523.0
201335.1

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
18.4 10.97%๐Ÿ‡บ๐Ÿ‡ธ USA
13.0-21.48%๐Ÿ‡บ๐Ÿ‡ธ USA
33.9 104.02%๐Ÿ‡บ๐Ÿ‡ธ USA
17.6 6.05%๐Ÿ‡บ๐Ÿ‡ธ USA
8.78-47.14%๐Ÿ‡บ๐Ÿ‡ธ USA
22.3 34.56%๐Ÿ‡บ๐Ÿ‡ธ USA
22.0 32.42%๐Ÿ‡บ๐Ÿ‡ธ USA
25.2 52.07%๐Ÿ‡บ๐Ÿ‡ธ USA
13.1-20.90%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.