P/E ratio for General Electric (GE)
P/E ratio as of May 2024 (TTM): 19.7
According to General Electric's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 19.7404. At the end of 2022 the company had a P/E ratio of -226.
P/E ratio history for General Electric from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -226 | 1784% |
| 2021 | -12.0 | -182.89% |
| 2020 | 14.4 | -202.78% |
| 2019 | -14.1 | 547.9% |
| 2018 | -2.17 | -88.24% |
| 2017 | -18.4 | -170.78% |
| 2016 | 26.1 | -165.77% |
| 2015 | -39.6 | -415.48% |
| 2014 | 12.6 | -18.21% |
| 2013 | 15.4 | 57.91% |
| 2012 | 9.73 | -10.29% |
| 2011 | 10.8 | -17.08% |
| 2010 | 13.1 | 16.28% |
| 2009 | 11.2 | 59.05% |
| 2008 | 7.07 | -44.87% |
| 2007 | 12.8 | -8.18% |
| 2006 | 14.0 | -16.13% |
| 2005 | 16.7 | 0.28% |
| 2004 | 16.6 | 8.54% |
| 2003 | 15.3 | 18.86% |
| 2002 | 12.9 | -40.96% |
| 2001 | 21.8 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Johnson & Johnson JNJ | 10.6 | -46.51% | 🇺🇸 USA |
 Medtronic MDT | 30.1 | 52.53% | 🇮🇪 Ireland |
 Thermo Fisher Scientific TMO | 37.3 | 89.18% | 🇺🇸 USA |
 Caterpillar CAT | 19.4 | -1.54% | 🇺🇸 USA |
 Honeywell HON | 24.2 | 22.51% | 🇺🇸 USA |
 Danaher DHR | 31.0 | 57.13% | 🇺🇸 USA |
 3M MMM | -7.16 | -136.28% | 🇺🇸 USA |
 Siemens SIE.DE | 16.3 | -17.24% | 🇩🇪 Germany |
 Philips PHG | -37.2 | -288.27% | 🇳🇱 Netherlands |
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.