General Electric
GE
#176
Rank
$70.80 B
Marketcap
$64.57
Share price
-2.49%
Change (1 day)
-38.11%
Change (1 year)

P/E ratio for General Electric (GE)

P/E ratio as of October 2022 (TTM): -15.3

According to General Electric's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -15.2553. At the end of 2021 the company had a P/E ratio of -15.2.

P/E ratio history for General Electric from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
2021-15.2-181.57%
202018.6-203.45%
2019-18.0547.9%
2018-2.78-88.24%
2017-23.6-170.78%
201633.4-165.77%
2015-50.8-415.48%
201416.1-18.21%
201319.757.91%
201212.5-10.29%
201113.9-17.08%
201016.7

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.