General Electric
GE
#66
Rank
ยฃ154.87 B
Marketcap
ยฃ143.10
Share price
3.33%
Change (1 day)
90.12%
Change (1 year)

P/E ratio for General Electric (GE)

P/E ratio as of November 2024 (TTM): 21.6

According to General Electric's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 21.6152. At the end of 2022 the company had a P/E ratio of -180.

P/E ratio history for General Electric from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-1801784%
2021-9.55-182.89%
202011.5-202.78%
2019-11.2547.9%
2018-1.73-88.24%
2017-14.7-170.78%
201620.8-165.77%
2015-31.6-415.48%
201410.0-18.21%
201312.357.91%
20127.76-10.29%
20118.65-17.08%
201010.416.28%
20098.9759.05%
20085.64-44.87%
200710.2-8.18%
200611.1-16.13%
200513.30.28%
200413.38.54%
200312.218.86%
200210.3-40.96%
200117.4

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-37.3-272.59%๐Ÿ‡ณ๐Ÿ‡ฑ Netherlands
27.0 24.75%๐Ÿ‡บ๐Ÿ‡ธ USA
30.6 41.55%๐Ÿ‡บ๐Ÿ‡ธ USA
-10.1-146.59%๐Ÿ‡บ๐Ÿ‡ธ USA
22.2 2.53%๐Ÿ‡บ๐Ÿ‡ธ USA
16.5-23.52%๐Ÿ‡ฉ๐Ÿ‡ช Germany
36.0 66.40%๐Ÿ‡บ๐Ÿ‡ธ USA
32.3 49.20%๐Ÿ‡ฎ๐Ÿ‡ช Ireland
11.0-48.94%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.