P/E ratio for FirstEnergy (FE)
P/E ratio as of May 2024 (TTM): 43.4
According to FirstEnergy's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 43.3736. At the end of 2022 the company had a P/E ratio of 59.1.
P/E ratio history for FirstEnergy from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 59.1 | 235.19% |
| 2021 | 17.6 | 15.14% |
| 2020 | 15.3 | -46.46% |
| 2019 | 28.6 | 56.84% |
| 2018 | 18.2 | -330.98% |
| 2017 | -7.89 | 265.16% |
| 2016 | -2.16 | -109.4% |
| 2015 | 23.0 | -57.54% |
| 2014 | 54.2 | 54.35% |
| 2013 | 35.1 | 55.43% |
| 2012 | 22.6 | 7.51% |
| 2011 | 21.0 | 38.38% |
| 2010 | 15.2 | 8.12% |
| 2009 | 14.0 | 27.39% |
| 2008 | 11.0 | -34.98% |
| 2007 | 16.9 | 8.17% |
| 2006 | 15.7 | -16.24% |
| 2005 | 18.7 | 26.36% |
| 2004 | 14.8 | -41.99% |
| 2003 | 25.5 | 33.07% |
| 2002 | 19.2 | 54.53% |
| 2001 | 12.4 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 American Electric Power AEP | 20.8 | -52.10% | 🇺🇸 USA |
 Consolidated Edison ED | 14.0 | -67.73% | 🇺🇸 USA |
 Dominion Energy D | 19.2 | -55.79% | 🇺🇸 USA |
 Exelon Corporation EXC | 17.6 | -59.34% | 🇺🇸 USA |
 NRG Energy
NRG | -9.85 | -122.70% | 🇺🇸 USA |
 Southern Company SO | 27.9 | -35.62% | 🇺🇸 USA |
 Nextera Energy NEE | 19.3 | -55.54% | 🇺🇸 USA |
 PPL PPL | 25.7 | -40.76% | 🇺🇸 USA |
 PSEG PEG | 12.9 | -70.23% | 🇺🇸 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.