P/E ratio for FirstEnergy (FE)

P/E ratio history for FirstEnergy 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
Consolidated Edison ED	14.0	-69.38%	🇺🇸 USA
PSEG PEG	16.1	-64.89%	🇺🇸 USA
Exelon Corporation EXC	18.1	-60.62%	🇺🇸 USA
American Electric Power AEP	22.2	-51.58%	🇺🇸 USA
PPL PPL	30.9	-32.67%	🇺🇸 USA
Dominion Energy D	21.3	-53.66%	🇺🇸 USA
Southern Company SO	31.6	-30.99%	🇺🇸 USA
Nextera Energy NEE	20.3	-55.62%	🇺🇸 USA
NRG Energy NRG	-12.3	-126.77%	🇺🇸 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.