P/E ratio for Genie Energy (GNE)
P/E ratio as of April 2024 (TTM): 6.46
According to Genie Energy 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.464. At the end of 2022 the company had a P/E ratio of 3.07.
P/E ratio history for Genie Energy from 2011 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 3.07 | -41.61% |
| 2021 | 5.25 | -66.47% |
| 2020 | 15.7 | -79.72% |
| 2019 | 77.3 | 989.64% |
| 2018 | 7.09 | -158.58% |
| 2017 | -12.1 | 125.37% |
| 2016 | -5.37 | -80.72% |
| 2015 | -27.9 | 481.86% |
| 2014 | -4.79 | -83.58% |
| 2013 | -29.2 | -34.26% |
| 2012 | -44.4 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Consolidated Edison ED | 13.3 | 106.06% | 🇺🇸 USA |
 Exelon Corporation EXC | 17.5 | 170.94% | 🇺🇸 USA |
 FirstEnergy FE | 41.9 | 548.05% | 🇺🇸 USA |
 NiSource
NI | 17.2 | 166.72% | 🇺🇸 USA |
 UGI Corporation
UGI | -3.86 | -159.66% | 🇺🇸 USA |
 National Fuel Gas
NFG | 10.4 | 60.22% | 🇺🇸 USA |
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.