As of Jul 25, 2024, the EIX stock has a P/E ratio of 30.69. The calculation is based on the latest EPS of $2.49 and the stock price of $76.43 per share. An increase of 20% 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 27.62. The current 30.69 price-to-earnings ratio is 11% 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 5 and 10-year averages, but it is under its 3-year average.
When compared to its peer PNM, EIX's PE ratio is lower, but it is higher than AEP's and SRE's. Edison International's PE ratio is trading above the peer average of 16.89.
| Stock name | PE ratio | Market cap |
|---|---|---|
| HE Hawaiian Electric Industries Inc | 9.91 | $1.86B |
| PCG PG&E Corp | 15.28 | $47.15B |
| AVA Avista Corp | 16.26 | $3.08B |
| XEL Xcel Energy Inc | 17.22 | $31.86B |
| SRE Sempra Energy | 17.3 | $49.71B |
| AEP American Electric Power Co Inc | 17.9 | $50.85B |
| POR Portland General Electric Co | 18.1 | $4.89B |
| PNW Pinnacle West Capital Corp | 18.42 | $9.62B |
| FE Firstenergy Corp | 22.13 | $23.56B |
| EIX Edison International | 31.53 | $30.32B |
| PNM Pnm Resources Inc | 44.81 | $3.68B |
EIX stock has a price to earnings ratio of 30.69 as of Jul 25, 2024.
Over the last 3 years, the average PE ratio for EIX stock is 32.2.
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 11% 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 (Jul 25, 2024), Edison International's share price is $76.43. 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 30.69. PE RATIO(30.69) = STOCK PRICE($76.43) / TTM EPS($2.49)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.