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 |
|---|---|---|
| 2017 | 21.7 | 8.2% |
| 2016 | 20.1 | 13.07% |
| 2015 | 17.7 | 4.58% |
| 2014 | 17.0 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Edison International
EIX | 24.5 | 52.50% | 🇺🇸 USA |
 Pinnacle West Capital
PNW | 19.9 | 23.85% | 🇺🇸 USA |
 PPL PPL | 21.7 | 34.89% | 🇺🇸 USA |
 Xcel Energy XEL | 17.4 | 8.34% | 🇺🇸 USA |
 Hawaiian Electric Industries HE | 5.72 | -64.43% | 🇺🇸 USA |
 PNM Resources PNM | 15.8 | -1.97% | 🇺🇸 USA |
 Pacific Gas and Electric
PCG | 15.5 | -3.49% | 🇺🇸 USA |
 Idacorp IDA | 16.6 | 3.32% | 🇺🇸 USA |
 Avista
AVA | 15.9 | -0.88% | 🇺🇸 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.