General Electric
GE
#72
Rank
$175.01 B
Marketcap
$159.89
Share price
-0.76%
Change (1 day)
53.36%
Change (1 year)

P/E ratio for General Electric (GE)

P/E ratio as of May 2024 (TTM): 18.7

According to General Electric's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 18.7006. At the end of 2022 the company had a P/E ratio of -226.

P/E ratio history for General Electric from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-2261784%
2021-12.0-182.89%
202014.4-202.78%
2019-14.1547.9%
2018-2.17-88.24%
2017-18.4-170.78%
201626.1-165.77%
2015-39.6-415.48%
201412.6-18.21%
201315.457.91%
20129.73-10.29%
201110.8-17.08%
201013.116.28%
200911.259.05%
20087.07-44.87%
200712.8-8.18%
200614.0-16.13%
200516.70.28%
200416.68.54%
200315.318.86%
200212.9-40.96%
200121.8

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
11.0-41.29%๐Ÿ‡บ๐Ÿ‡ธ USA
31.6 68.92%๐Ÿ‡ฎ๐Ÿ‡ช Ireland
38.8 107.52%๐Ÿ‡บ๐Ÿ‡ธ USA
20.1 7.33%๐Ÿ‡บ๐Ÿ‡ธ USA
25.3 35.31%๐Ÿ‡บ๐Ÿ‡ธ USA
33.1 77.22%๐Ÿ‡บ๐Ÿ‡ธ USA
-7.89-142.19%๐Ÿ‡บ๐Ÿ‡ธ USA
15.8-15.37%๐Ÿ‡ฉ๐Ÿ‡ช Germany
-39.2-309.76%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.