According to Edison International 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 17.8261. At the end of 2022 the company had a P/E ratio of 39.5.
Year | P/E ratio | Change |
---|---|---|
2022 | 39.5 | 15.8% |
2021 | 34.1 | 7.56% |
2020 | 31.7 | 60.3% |
2019 | 19.8 | -145.32% |
2018 | -43.7 | -219.46% |
2017 | 36.6 | 106.67% |
2016 | 17.7 | -6.5% |
2015 | 18.9 | 42.71% |
2014 | 13.3 | -19.55% |
2013 | 16.5 | -120.42% |
2012 | -80.7 | -78.56% |
2011 | -376 | -3844.14% |
2010 | 10.1 | -25.14% |
2009 | 13.4 | 54.27% |
2008 | 8.70 | -45.52% |
2007 | 16.0 | 25.08% |
2006 | 12.8 | 1.36% |
2005 | 12.6 | 10.18% |
2004 | 11.4 | 30.93% |
2003 | 8.74 | 144.05% |
2002 | 3.58 | -24.61% |
2001 | 4.75 |
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.