FirstEnergy
FE
#849
Rank
โ‚ฌ22.34 B
Marketcap
38,77ย โ‚ฌ
Share price
0.75%
Change (1 day)
17.66%
Change (1 year)
FirstEnergy is an electric utility operating company serving 6 million customers in the areas of of Ohio, Pennsylvania, West Virginia, Virginia, Maryland, New Jersey and New York.

P/E ratio for FirstEnergy (FE)

P/E ratio as of November 2024 (TTM): 45.6

According to FirstEnergy's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 45.6483. At the end of 2022 the company had a P/E ratio of 59.1.

P/E ratio history for FirstEnergy from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202259.1235.19%
202117.615.14%
202015.3-46.46%
201928.656.84%
201818.2-330.98%
2017-7.89265.16%
2016-2.16-109.4%
201523.0-57.54%
201454.254.35%
201335.155.43%
201222.67.51%
201121.038.38%
201015.28.12%
200914.027.39%
200811.0-34.98%
200716.98.17%
200615.7-16.24%
200518.726.36%
200414.8-41.99%
200325.533.07%
200219.254.53%
200112.4

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
14.1-69.16%๐Ÿ‡บ๐Ÿ‡ธ USA
15.3-66.55%๐Ÿ‡บ๐Ÿ‡ธ USA
17.8-61.07%๐Ÿ‡บ๐Ÿ‡ธ USA
22.1-51.56%๐Ÿ‡บ๐Ÿ‡ธ USA
29.8-34.75%๐Ÿ‡บ๐Ÿ‡ธ USA
21.2-53.45%๐Ÿ‡บ๐Ÿ‡ธ USA
31.9-30.15%๐Ÿ‡บ๐Ÿ‡ธ USA
20.4-55.37%๐Ÿ‡บ๐Ÿ‡ธ USA
-12.5-127.35%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.