FE Firstenergy PE ratio, current and historical analysis
As of Nov 21, 2024, the Firstenergy stock's PE ratio is 27.23. This takes into account the latest EPS of $1.55 and stock price of $42.2. The PE ratio has grown by 16% from its last 4 quarters average of 23.4.
FE PE ratio history
The PE ratio of Firstenergy has averaged 47.48 over the last ten years. The current P/E ratio of 27.23 is 43% lower than the historical average. Looking back at the last ten years, FE's PE ratio peaked in the Mar 2019 quarter at 520.13, when the price was $41.61 and the EPS was $0.08. The lowest point was in the Mar 2021 quarter, when it reached 13.99 with a price of $34.69 and an EPS of $2.48.
Firstenergy PE ratio by year
Maximum annual increase: 233.73% in 2022
Maximum annual decrease: -67.68% in 2023
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 19.09 | -67.68% |
| 2022 | 59.07 | 233.73% |
| 2021 | 17.7 | 15.08% |
| 2020 | 15.38 | -46.2% |
| 2019 | 28.59 | 51.51% |
| 2018 | 18.87 | N/A |
| 2017 | N/A | N/A |
| 2016 | N/A | N/A |
| 2015 | 23.16 | -57.83% |
| 2014 | 54.92 | 56.51% |
FE average PE ratio chart
The current PE ratio of FE is lower than its 3, 5 and 10-year averages.
FE PE vs peers
In comparison to its peer PPL, FE's PE ratio is lower, but it is higher than NEE's and SO's. Firstenergy's PE ratio is trading above the peer average of 21.78.
| Stock name | PE ratio | Market cap |
|---|---|---|
| EXC Exelon Corp | 16.14 | $39.4B |
| ED Consolidated Edison Inc | 18.49 | $34.19B |
| AEP American Electric Power Co Inc | 19.67 | $52.28B |
| SO Southern Co | 20.43 | $96.47B |
| D Dominion Energy Inc | 20.89 | $49.3B |
| PEG Public Service Enterprise Group Inc | 22.62 | $45.87B |
| NEE Nextera Energy Inc | 22.67 | $158.01B |
| NRG Nrg Energy Inc | 23.54 | $19.36B |
| FE Firstenergy Corp | 27.21 | $24.3B |
| PPL PPL Corp | 31.08 | $25.69B |
Frequently asked questions
What is Firstenergy's PE ratio?
FE's price to earnings ratio is 27.23 as of Nov 21, 2024.
What is the 3-year average PE ratio for Firstenergy (FE)?
Over the last 3 years, the average price to earnings ratio for FE stock is 30.54.
What is the 5-year average PE ratio for Firstenergy (FE)?
Over the last 5 years, the average price to earnings ratio for FE stock is 27.25.
What is the highest PE ratio for FE?
Over the last ten years, the Mar 2019 quarter recorded the highest quarterly PE ratio at 520.13.
How does the current PE ratio for FE compare to its historical average?
FE's price to earnings ratio is currently 43% below its 10-year historical average.
How is FE's PE ratio calculated (Firstenergy PE ratio formula)?
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Nov 21, 2024), Firstenergy's share price is $42.2. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $1.55. Therefore, Firstenergy's PE ratio for today is 27.23. PE RATIO(27.23) = STOCK PRICE($42.2) / TTM EPS($1.55)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.