As of Apr 26, 2024, the Firstenergy stock's PE ratio is 20.61. This takes into account the latest EPS of $1.85 and stock price of $38.13. The PE ratio marks a decrease of 35% from its last 4 quarters average of 31.7.
The PE ratio of Firstenergy has averaged 47.08 over the last ten years. The current P/E ratio of 20.61 is 56% 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.
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% |
The current PE ratio of FE is lower than its 3, 5 and 10-year averages.
In comparison to its peers D and 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 18.63.
| Stock name | PE ratio | Market cap |
|---|---|---|
| ED Consolidated Edison Inc | 12.94 | $32.41B |
| PEG Public Service Enterprise Group Inc | 13.33 | $34.23B |
| EXC Exelon Corp | 16.09 | $37.64B |
| NEE Nextera Energy Inc | 18.42 | $139.3B |
| AEP American Electric Power Co Inc | 20.23 | $45.34B |
| SO Southern Co | 20.34 | $80.77B |
| FE Firstenergy Corp | 20.97 | $22.33B |
| D Dominion Energy Inc | 22.32 | $42.81B |
| PPL PPL Corp | 27.48 | $20.25B |
| NRG Nrg Energy Inc | N/A | $15.29B |
FE's price to earnings ratio is 20.61 as of Apr 26, 2024.
Over the last 3 years, the average price to earnings ratio for FE stock is 29.05.
Over the last 5 years, the average price to earnings ratio for FE stock is 31.33.
Over the last ten years, the Mar 2019 quarter recorded the highest quarterly PE ratio at 520.13.
FE's price to earnings ratio is currently 56% below 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 (Apr 26, 2024), Firstenergy's share price is $38.13. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $1.85. Therefore, Firstenergy's PE ratio for today is 20.61. PE RATIO(20.61) = STOCK PRICE($38.13) / TTM EPS($1.85)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.