Portland General Electric
POR
#2821
Rank
โ‚ฌ4.47 B
Marketcap
42,48ย โ‚ฌ
Share price
0.27%
Change (1 day)
7.83%
Change (1 year)

P/E ratio for Portland General Electric (POR)

P/E ratio as of December 2024 (TTM): 19.7

According to Portland General Electric 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 19.7054. 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
21.8 10.39%๐Ÿ‡บ๐Ÿ‡ธ USA
20.3 2.86%๐Ÿ‡บ๐Ÿ‡ธ USA
4.80-75.62%๐Ÿ‡บ๐Ÿ‡ธ USA
24.6 24.60%๐Ÿ‡บ๐Ÿ‡ธ USA
16.3-17.41%๐Ÿ‡บ๐Ÿ‡ธ USA
21.4 8.59%๐Ÿ‡บ๐Ÿ‡ธ USA
20.2 2.55%๐Ÿ‡บ๐Ÿ‡ธ USA
29.0 47.28%๐Ÿ‡บ๐Ÿ‡ธ USA
23.3 18.42%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.