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	-36.4	-270.37%	🇳🇱 Netherlands
Honeywell HON	28.7	34.52%	🇺🇸 USA
Danaher DHR	29.9	39.86%	🇺🇸 USA
3M MMM	-9.77	-145.74%	🇺🇸 USA
Caterpillar CAT	22.1	3.65%	🇺🇸 USA
Siemens SIE.DE	15.9	-25.36%	🇩🇪 Germany
Thermo Fisher Scientific TMO	35.3	65.02%	🇺🇸 USA
Medtronic MDT	32.5	51.97%	🇮🇪 Ireland
Johnson & Johnson JNJ	10.8	-49.27%	🇺🇸 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.