P/E ratio for General Electric (GE)

P/E ratio history for General Electric from 2001 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
Philips PHG	-36.1	-275.32%	🇳🇱 Netherlands
Honeywell HON	28.1	36.55%	🇺🇸 USA
Danaher DHR	28.8	39.60%	🇺🇸 USA
3M MMM	-9.75	-147.33%	🇺🇸 USA
Caterpillar CAT	21.6	4.88%	🇺🇸 USA
Siemens SIE.DE	16.6	-19.21%	🇩🇪 Germany
Thermo Fisher Scientific TMO	33.5	62.77%	🇺🇸 USA
Medtronic MDT	32.1	55.74%	🇮🇪 Ireland
Johnson & Johnson JNJ	10.9	-46.85%	🇺🇸 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.