P/E ratio for Consolidated Edison (ED)

P/E ratio history for Consolidated Edison 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
FirstEnergy FE	48.3	225.15%	🇺🇸 USA
Dominion Energy D	21.3	43.64%	🇺🇸 USA
PSEG PEG	15.4	3.69%	🇺🇸 USA
CMS Energy CMS	27.5	85.50%	🇺🇸 USA
Exelon Corporation EXC	18.8	26.86%	🇺🇸 USA
NiSource NI	21.0	41.68%	🇺🇸 USA
Unitil Corporation UTL	22.5	51.60%	🇺🇸 USA
WEC Energy Group WEC	21.9	47.53%	🇺🇸 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.