As of Oct 29, 2024, the EIX stock has a P/E ratio of 33.4. The calculation is based on the latest EPS of $2.49 and the stock price of $83.16 per share. An increase of 30% has been observed in the PE ratio compared to its average of 25.6 of the past four quarters.
The mean historical PE ratio of Edison International over the last ten years is 28.06. The current 33.4 price-to-earnings ratio is 19% more than the historical average. Analyzing the last ten years, EIX's PE ratio reached its highest point in the Sep 2020 quarter at 54.09, with a price of $50.84 and an EPS of $0.94. The Jun 2015 quarter saw the lowest point at 11.48, with a price of $55.58 and an EPS of $4.84.
Maximum annual increase: 104.08% in 2017
Maximum annual decrease: -42.03% in 2023
Year | PE ratio | Change |
---|---|---|
2023 | 22.91 | -42.03% |
2022 | 39.52 | 15.79% |
2021 | 34.13 | 7.56% |
2020 | 31.73 | 59.05% |
2019 | 19.95 | N/A |
2018 | N/A | N/A |
2017 | 36.55 | 104.08% |
2016 | 17.91 | -5.34% |
2015 | 18.92 | 43.01% |
2014 | 13.23 | -19.72% |
Currently, EIX's PE ratio is above its 3, 5 and 10-year averages.
When compared to its peer stocks SRE and PCG, EIX's PE ratio is higher. Edison International's PE ratio is trading above the peer average of 18.34.
Stock name | PE ratio | Market cap |
---|---|---|
POR Portland General Electric Co | 14.22 | $5.04B |
AVA Avista Corp | 15.18 | $2.96B |
PNW Pinnacle West Capital Corp | 16.07 | $9.95B |
PCG PG&E Corp | 17.21 | $53.1B |
SRE Sempra Energy | 17.78 | $53.03B |
XEL Xcel Energy Inc | 18.75 | $35.02B |
AEP American Electric Power Co Inc | 19.37 | $51.75B |
FE Firstenergy Corp | 27.3 | $24.38B |
EIX Edison International | 33.5 | $32.22B |
HE Hawaiian Electric Industries Inc | N/A | $1.11B |
EIX stock has a price to earnings ratio of 33.4 as of Oct 29, 2024.
Over the last 3 years, the average PE ratio for EIX stock is 32.64.
Over the last 5 years, the average PE ratio for EIX stock is 30.5.
Over the last ten years, the Sep 2020 quarter recorded the highest quarterly PE ratio at 54.09.
EIX's current price to earnings ratio is 19% above its 10-year historical average.
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Oct 29, 2024), Edison International's share price is $83.16. The company's earnings per share for the trailing twelve months (TTM) ending Jun 2024 is $2.49. Therefore, Edison International's price to earnings ratio for today is 33.4. PE RATIO(33.4) = STOCK PRICE($83.16) / TTM EPS($2.49)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.