P/E ratio for General Electric (GE)

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

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
Philips PHG	-42.9	-295.67%	🇳🇱 Netherlands
Honeywell HON	25.0	13.93%	🇺🇸 USA
Danaher DHR	34.2	56.09%	🇺🇸 USA
3M MMM	-10.1	-146.07%	🇺🇸 USA
Caterpillar CAT	20.8	-4.84%	🇺🇸 USA
Siemens SIE.DE	15.6	-28.93%	🇩🇪 Germany
Thermo Fisher Scientific TMO	40.1	83.12%	🇺🇸 USA
Medtronic MDT	32.9	50.12%	🇮🇪 Ireland
Johnson & Johnson JNJ	11.7	-46.63%	🇺🇸 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.