P/E ratio for PPL (PPL)
P/E ratio as of April 2024 (TTM): 24.0
According to PPL's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 23.982. 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 |
|---|---|---|
| 2022 | 28.4 | -280.26% |
| 2021 | -15.7 | -207.15% |
| 2020 | 14.7 | -1.35% |
| 2019 | 14.9 | 36.11% |
| 2018 | 10.9 | -41.69% |
| 2017 | 18.8 | 54.25% |
| 2016 | 12.2 | -64.01% |
| 2015 | 33.8 | 162.64% |
| 2014 | 12.9 | -14.15% |
| 2013 | 15.0 | 46.69% |
| 2012 | 10.2 | 1.42% |
| 2011 | 10.1 | -11.24% |
| 2010 | 11.3 | -59.27% |
| 2009 | 27.9 | 140.78% |
| 2008 | 11.6 | -19.14% |
| 2007 | 14.3 | -2.68% |
| 2006 | 14.7 | -9.78% |
| 2005 | 16.3 | 24.48% |
| 2004 | 13.1 | 42.99% |
| 2003 | 9.16 | -61.45% |
| 2002 | 23.8 | -10.73% |
| 2001 | 26.6 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 AES AES | -19.1 | -179.81% | 🇺🇸 USA |
 American Electric Power AEP | 18.9 | -21.04% | 🇺🇸 USA |
 Consolidated Edison ED | 13.0 | -45.62% | 🇺🇸 USA |
 Exelon Corporation EXC | 17.1 | -28.68% | 🇺🇸 USA |
 FirstEnergy FE | 41.4 | 72.43% | 🇺🇸 USA |
 Southern Company SO | 25.4 | 5.85% | 🇺🇸 USA |
 Nextera Energy NEE | 16.9 | -29.35% | 🇺🇸 USA |
 Duke Energy DUK | 67.6 | 181.70% | 🇺🇸 USA |
 Entergy ETR | 14.9 | -38.02% | 🇺🇸 USA |
 Portland General Electric
POR | 18.6 | -22.30% | 🇺🇸 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.