Portland General Electric
POR
#2827
Rank
$4.62 B
Marketcap
$44.90
Share price
0.70%
Change (1 day)
-5.49%
Change (1 year)

P/E ratio for Portland General Electric (POR)

P/E ratio as of July 2024 (TTM): 20.3

According to Portland General Electric 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 20.2522. At the end of 2022 the company had a P/E ratio of 18.8.

P/E ratio history for Portland General Electric from 2006 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202218.8-3.51%
202119.5-21.3%
202024.75.91%
201923.321.17%
201819.3-11.24%
201721.78.2%
201620.113.07%
201517.74.58%
201417.0-23.61%
201322.251.77%
201214.612.81%
201113.0-0.19%
201013.0-16.6%
200915.610.43%
200814.118.33%
200711.9-50.12%
200623.9

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
19.9-1.61%๐Ÿ‡บ๐Ÿ‡ธ USA
17.8-12.09%๐Ÿ‡บ๐Ÿ‡ธ USA
5.01-75.25%๐Ÿ‡บ๐Ÿ‡ธ USA
23.4 15.67%๐Ÿ‡บ๐Ÿ‡ธ USA
16.4-19.13%๐Ÿ‡บ๐Ÿ‡ธ USA
17.3-14.45%๐Ÿ‡บ๐Ÿ‡ธ USA
19.1-5.53%๐Ÿ‡บ๐Ÿ‡ธ USA
25.7 26.76%๐Ÿ‡บ๐Ÿ‡ธ USA
21.8 7.87%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.