P/E ratio for Edison International (EIX)
P/E ratio as of May 2024 (TTM): 23.6
According to Edison International 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 23.559. 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 | 21.2 | -9.91% | 🇺🇸 USA |
 FirstEnergy FE | 44.2 | 87.60% | 🇺🇸 USA |
 Sempra Energy SRE | 19.6 | -16.75% | 🇺🇸 USA |
 Pinnacle West Capital
PNW | 18.5 | -21.54% | 🇺🇸 USA |
 Xcel Energy XEL | 17.7 | -24.98% | 🇺🇸 USA |
 Hawaiian Electric Industries HE | 5.65 | -76.03% | 🇺🇸 USA |
 PNM Resources PNM | 21.5 | -8.75% | 🇺🇸 USA |
 Portland General Electric
POR | 20.2 | -14.22% | 🇺🇸 USA |
 Pacific Gas and Electric
PCG | 20.3 | -14.04% | 🇺🇸 USA |
 Avista
AVA | 17.3 | -26.50% | 🇺🇸 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.