General Electric
GE
#100
Rank
$119.64 B
Marketcap
$109.93
Share price
-1.60%
Change (1 day)
118.85%
Change (1 year)

P/E ratio for General Electric (GE)

P/E ratio as of September 2023 (TTM): 13.6

According to General Electric's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.5716. 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%
20202.33-112.93%
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

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
32.0 135.67%๐Ÿ‡บ๐Ÿ‡ธ USA
29.0 113.87%๐Ÿ‡ฎ๐Ÿ‡ช Ireland
34.1 151.08%๐Ÿ‡บ๐Ÿ‡ธ USA
16.7 22.89%๐Ÿ‡บ๐Ÿ‡ธ USA
23.1 69.87%๐Ÿ‡บ๐Ÿ‡ธ USA
28.7 111.35%๐Ÿ‡บ๐Ÿ‡ธ USA
-33.4-346.17%๐Ÿ‡บ๐Ÿ‡ธ USA
11.6-14.53%๐Ÿ‡ฉ๐Ÿ‡ช Germany
-9.19-167.72%๐Ÿ‡ณ๐Ÿ‡ฑ 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.