According to General Electric's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 18.7076. At the end of 2022 the company had a P/E ratio of -180.
Year | P/E ratio | Change |
---|---|---|
2022 | -180 | 1784% |
2021 | -9.55 | -182.89% |
2020 | 11.5 | -202.78% |
2019 | -11.2 | 547.9% |
2018 | -1.73 | -88.24% |
2017 | -14.7 | -170.78% |
2016 | 20.8 | -165.77% |
2015 | -31.6 | -415.48% |
2014 | 10.0 | -18.21% |
2013 | 12.3 | 57.91% |
2012 | 7.76 | -10.29% |
2011 | 8.65 | -17.08% |
2010 | 10.4 | 16.28% |
2009 | 8.97 | 59.05% |
2008 | 5.64 | -44.87% |
2007 | 10.2 | -8.18% |
2006 | 11.1 | -16.13% |
2005 | 13.3 | 0.28% |
2004 | 13.3 | 8.54% |
2003 | 12.2 | 18.86% |
2002 | 10.3 | -40.96% |
2001 | 17.4 |
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.