P/E ratio for Genie Energy (GNE)

P/E ratio history for Genie Energy from 2011 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
Exelon Corporation EXC	17.8	170.55%	🇺🇸 USA
NiSource NI	22.2	237.46%	🇺🇸 USA
UGI Corporation UGI	-3.59	-154.60%	🇺🇸 USA
FirstEnergy FE	45.8	596.76%	🇺🇸 USA
Consolidated Edison ED	14.1	114.66%	🇺🇸 USA
National Fuel Gas NFG	11.5	74.35%	🇺🇸 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.