Genie Energy
GNE
#7039
Rank
C$0.58 B
Marketcap
$21.63
Share price
0.59%
Change (1 day)
3.13%
Change (1 year)

P/E ratio for Genie Energy (GNE)

P/E ratio as of April 2025 (TTM): 6.15

According to Genie Energy 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.152. At the end of 2022 the company had a P/E ratio of 3.07.

P/E ratio history for Genie Energy from 2011 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20223.07-41.61%
20215.25-66.47%
202015.7-79.72%
201977.3989.64%
20187.09-158.58%
2017-12.1125.37%
2016-5.37-80.72%
2015-27.9481.86%
2014-4.79-83.58%
2013-29.2-34.26%
2012-44.4

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
22.0 257.98%๐Ÿ‡บ๐Ÿ‡ธ USA
24.5 298.85%๐Ÿ‡บ๐Ÿ‡ธ USA
-4.89-179.51%๐Ÿ‡บ๐Ÿ‡ธ USA
45.1 633.26%๐Ÿ‡บ๐Ÿ‡ธ USA
16.2 162.88%๐Ÿ‡บ๐Ÿ‡ธ USA
15.2 146.80%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.