P/E ratio for General Electric (GE)
P/E ratio as of April 2023 (TTM): -233
According to General Electric's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -233.098. 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 | -752.53% |
| 2020 | 2.33 | -112.93% |
| 2019 | -18.0 | 547.9% |
| 2018 | -2.78 | -88.24% |
| 2017 | -23.6 | -170.78% |
| 2016 | 33.4 | -165.77% |
| 2015 | -50.8 | -415.48% |
| 2014 | 16.1 | -18.21% |
| 2013 | 19.7 | 57.91% |
| 2012 | 12.5 | -10.29% |
| 2011 | 13.9 | -17.08% |
| 2010 | 16.7 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Johnson & Johnson JNJ | 22.7 | -109.73% | 🇺🇸 USA |
 Medtronic MDT | 26.4 | -111.32% | 🇮🇪 Ireland |
 Thermo Fisher Scientific TMO | 32.5 | -113.92% | 🇺🇸 USA |
 Caterpillar CAT | 18.0 | -107.71% | 🇺🇸 USA |
 Honeywell HON | 26.0 | -111.17% | 🇺🇸 USA |
 Danaher DHR | 25.7 | -111.04% | 🇺🇸 USA |
 3M MMM | 10.3 | -104.43% | 🇺🇸 USA |
 Siemens SIE.DE | 38.9 | -116.67% | 🇩🇪 Germany |
 Philips PHG | -10.1 | -95.66% | 🇳🇱 Netherlands |
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.