P/E ratio for Edison International (EIX)
P/E ratio as of June 2024 (TTM): 22.8
According to Edison International 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 22.8106. At the end of 2022 the company had a P/E ratio of 39.5.
P/E ratio history for Edison International from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 39.5 | 15.8% |
| 2021 | 34.1 | 7.56% |
| 2020 | 31.7 | 60.3% |
| 2019 | 19.8 | -145.32% |
| 2018 | -43.7 | -219.46% |
| 2017 | 36.6 | 106.67% |
| 2016 | 17.7 | -6.5% |
| 2015 | 18.9 | 42.71% |
| 2014 | 13.3 | -19.55% |
| 2013 | 16.5 | -120.42% |
| 2012 | -80.7 | -78.56% |
| 2011 | -376 | -3844.14% |
| 2010 | 10.1 | -25.14% |
| 2009 | 13.4 | 54.27% |
| 2008 | 8.70 | -45.52% |
| 2007 | 16.0 | 25.08% |
| 2006 | 12.8 | 1.36% |
| 2005 | 12.6 | 10.18% |
| 2004 | 11.4 | 30.93% |
| 2003 | 8.74 | 144.05% |
| 2002 | 3.58 | -24.61% |
| 2001 | 4.75 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 American Electric Power AEP | 20.2 | -11.62% | 🇺🇸 USA |
 FirstEnergy FE | 42.5 | 86.34% | 🇺🇸 USA |
 Sempra Energy SRE | 19.2 | -15.71% | 🇺🇸 USA |
 Pinnacle West Capital
PNW | 18.3 | -19.90% | 🇺🇸 USA |
 Xcel Energy XEL | 17.2 | -24.61% | 🇺🇸 USA |
 Hawaiian Electric Industries HE | 4.66 | -79.57% | 🇺🇸 USA |
 PNM Resources PNM | 21.2 | -6.96% | 🇺🇸 USA |
 Portland General Electric
POR | 19.1 | -16.31% | 🇺🇸 USA |
 Pacific Gas and Electric
PCG | 20.2 | -11.61% | 🇺🇸 USA |
 Avista
AVA | 15.6 | -31.67% | 🇺🇸 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.