As at Nov 21, 2024, the ED stock has a PE ratio of 18.48. This is based on the current EPS of $5.34 and the stock price of $98.7 per share. An increase of 11% has been seen in the P/E ratio compared to the average of 16.7 of the last 4 quarters.
The mean historical PE ratio of Consolidated Edison over the last ten years is 18.39. The current 18.48 PE ratio is comparable to the historical average. Over the past ten years, ED's PE ratio was at its highest in the Sep 2019 quarter at 22.28, with a price of $94.47 and an EPS of $4.24. The Dec 2023 quarter recorded the bottom point at 12.55, with a price of $90.97 and an EPS of $7.25.
Maximum annual increase: 28.16% in 2019
Maximum annual decrease: -38.39% in 2023
Year | PE ratio | Change |
---|---|---|
2023 | 12.55 | -38.39% |
2022 | 20.37 | -7.83% |
2021 | 22.1 | 0.59% |
2020 | 21.97 | -0.68% |
2019 | 22.12 | 28.16% |
2018 | 17.26 | 0.99% |
2017 | 17.09 | -3.72% |
2016 | 17.75 | 12.41% |
2015 | 15.79 | -10.79% |
2014 | 17.7 | 15.91% |
Currently, ED's PE ratio is greater than its 3 and 10-year historical averages, but it is below the 5-year average.
Compared to its peers NU and D, ED's PE ratio stands lower, however it is higher than EXC's. Consolidated Edison's PE ratio is trading below the peer group average of 23.39.
Stock name | PE ratio | Market cap |
---|---|---|
EXC Exelon Corp | 16.04 | $39.17B |
ED Consolidated Edison Inc | 18.47 | $34.17B |
CMS Cms Energy Corp | 19.89 | $26.66B |
UTL Unitil Corp | 20.71 | $982.53M |
D Dominion Energy Inc | 20.75 | $48.98B |
NI Nisource Inc | 22.32 | $17.61B |
PEG Public Service Enterprise Group Inc | 22.61 | $45.85B |
WEC Wec Energy Group Inc | 24.7 | $31.96B |
FE Firstenergy Corp | 27.11 | $24.22B |
NU Nu Holdings Ltd | 37.32 | $66.38B |
As of Nov 21, 2024, ED stock has a price to earnings ratio of 18.48.
Over the last 3 years, the average price to earnings ratio for ED stock is 17.41.
Over the last 5 years, the average price to earnings ratio for ED stock is 18.78.
In the last ten years, the Sep 2019 quarter recorded the highest quarterly PE ratio at 22.28.
ED's current price to earnings ratio is 0.5% above its 10-year historical average.
You can calculate the PE ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Nov 21, 2024), Consolidated Edison's stock price is $98.7. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $5.34. Therefore, Consolidated Edison's P/E ratio for today is 18.48. PE RATIO(18.48) = STOCK PRICE($98.7) / TTM EPS($5.34)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.