Portland General Electric
POR
#2817
Rank
$3.93 B
Marketcap
$38.90
Share price
-3.90%
Change (1 day)
-25.76%
Change (1 year)

P/E ratio for Portland General Electric (POR)

P/E ratio as of October 2023 (TTM): 16.1

According to Portland General Electric 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.0744. At the end of 2017 the company had a P/E ratio of 21.7.

P/E ratio history for Portland General Electric from 2006 to 2022

PE ratio at the end of each year

Year P/E ratio Change
201721.78.2%
201620.113.07%
201517.74.58%
201417.0

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
24.5 52.50%๐Ÿ‡บ๐Ÿ‡ธ USA
19.9 23.85%๐Ÿ‡บ๐Ÿ‡ธ USA
21.7 34.89%๐Ÿ‡บ๐Ÿ‡ธ USA
17.4 8.34%๐Ÿ‡บ๐Ÿ‡ธ USA
5.72-64.43%๐Ÿ‡บ๐Ÿ‡ธ USA
15.8-1.97%๐Ÿ‡บ๐Ÿ‡ธ USA
15.5-3.49%๐Ÿ‡บ๐Ÿ‡ธ USA
16.6 3.32%๐Ÿ‡บ๐Ÿ‡ธ USA
15.9-0.88%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.