P/E ratio for Portland General Electric (POR)
P/E ratio as of June 2024 (TTM): 19.0
According to Portland General Electric 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 19.0491. At the end of 2022 the company had a P/E ratio of 18.8.
P/E ratio history for Portland General Electric from 2006 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 18.8 | -3.51% |
| 2021 | 19.5 | -21.3% |
| 2020 | 24.7 | 5.91% |
| 2019 | 23.3 | 21.17% |
| 2018 | 19.3 | -11.24% |
| 2017 | 21.7 | 8.2% |
| 2016 | 20.1 | 13.07% |
| 2015 | 17.7 | 4.58% |
| 2014 | 17.0 | -23.61% |
| 2013 | 22.2 | 51.77% |
| 2012 | 14.6 | 12.81% |
| 2011 | 13.0 | -0.19% |
| 2010 | 13.0 | -16.6% |
| 2009 | 15.6 | 10.43% |
| 2008 | 14.1 | 18.33% |
| 2007 | 11.9 | -50.12% |
| 2006 | 23.9 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Edison International
EIX | 22.7 | 19.35% | 🇺🇸 USA |
 Pinnacle West Capital
PNW | 18.2 | -4.62% | 🇺🇸 USA |
 PPL PPL | 25.3 | 32.80% | 🇺🇸 USA |
 Xcel Energy XEL | 17.0 | -10.67% | 🇺🇸 USA |
 Hawaiian Electric Industries HE | 4.68 | -75.43% | 🇺🇸 USA |
 PNM Resources PNM | 21.0 | 10.15% | 🇺🇸 USA |
 Pacific Gas and Electric
PCG | 20.0 | 5.15% | 🇺🇸 USA |
 Idacorp IDA | 17.0 | -10.70% | 🇺🇸 USA |
 Avista
AVA | 15.4 | -19.13% | 🇺🇸 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.