PPL
PPL
#815
Rank
NZ$38.88 B
Marketcap
$52.71
Share price
0.46%
Change (1 day)
21.22%
Change (1 year)
PPL Corporation is a United States energy company based in Allentown, Pennsylvania. The company mainly operates power plants that run on coal, oil or natural gas.

P/E ratio for PPL (PPL)

P/E ratio as of September 2024 (TTM): 29.4

According to PPL's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 29.3739. At the end of 2022 the company had a P/E ratio of 28.4.

P/E ratio history for PPL from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202228.4-280.26%
2021-15.7-207.15%
202014.7-1.35%
201914.936.11%
201810.9-41.69%
201718.854.25%
201612.2-64.01%
201533.8162.64%
201412.9-14.15%
201315.046.69%
201210.21.42%
201110.1-11.24%
201011.3-59.27%
200927.9140.78%
200811.6-19.14%
200714.3-2.68%
200614.7-9.78%
200516.324.48%
200413.142.99%
20039.16-61.45%
200223.8-10.73%
200126.6

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
48.6 65.51%๐Ÿ‡บ๐Ÿ‡ธ USA
18.4-37.32%๐Ÿ‡บ๐Ÿ‡ธ USA
83.0 182.40%๐Ÿ‡บ๐Ÿ‡ธ USA
18.9-35.65%๐Ÿ‡บ๐Ÿ‡ธ USA
24.1-18.05%๐Ÿ‡บ๐Ÿ‡ธ USA
15.1-48.60%๐Ÿ‡บ๐Ÿ‡ธ USA
32.3 9.99%๐Ÿ‡บ๐Ÿ‡ธ USA
-22.6-176.82%๐Ÿ‡บ๐Ÿ‡ธ USA
22.5-23.55%๐Ÿ‡บ๐Ÿ‡ธ USA
21.9-25.45%๐Ÿ‡บ๐Ÿ‡ธ 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.