PPL
PPL
#794
Rank
$24.83 B
Marketcap
$33.65
Share price
1.32%
Change (1 day)
30.73%
Change (1 year)
PPL Corporation is a United States energy company based in Allentown, Pennsylvania. The company mainly operates power plants that run on coal, oil or natural gas.

P/E ratio for PPL (PPL)

P/E ratio as of November 2024 (TTM): 30.3

According to PPL's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 30.2703. At the end of 2022 the company had a P/E ratio of 28.4.

P/E ratio history for PPL from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202228.4-280.26%
2021-15.7-207.15%
202014.7-1.35%
201914.936.11%
201810.9-41.69%
201718.854.25%
201612.2-64.01%
201533.8162.64%
201412.9-14.15%
201315.046.69%
201210.21.42%
201110.1-11.24%
201011.3-59.27%
200927.9140.78%
200811.6-19.14%
200714.3-2.68%
200614.7-9.78%
200516.324.48%
200413.142.99%
20039.16-61.45%
200223.8-10.73%
200126.6

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
45.3 49.79%๐Ÿ‡บ๐Ÿ‡ธ USA
21.3-29.53%๐Ÿ‡บ๐Ÿ‡ธ USA
78.3 158.50%๐Ÿ‡บ๐Ÿ‡ธ USA
18.1-40.36%๐Ÿ‡บ๐Ÿ‡ธ USA
22.0-27.36%๐Ÿ‡บ๐Ÿ‡ธ USA
13.8-54.45%๐Ÿ‡บ๐Ÿ‡ธ USA
31.4 3.88%๐Ÿ‡บ๐Ÿ‡ธ USA
-16.4-154.10%๐Ÿ‡บ๐Ÿ‡ธ USA
20.2-33.16%๐Ÿ‡บ๐Ÿ‡ธ USA
20.8-31.31%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.