As of Jul 25, 2024, the General Electric stock's PE ratio is 38.56. This results from the current EPS of $4.27 and stock price of $164.67. The P/E ratio has an increase of 27% from the past four quarters average of 30.4.
The PE ratio of General Electric has averaged 120.59 over the last ten years. The current PE ratio of 38.56 is 68% below the historical average. Over the past ten years, GE's PE ratio was at its highest in the Dec 2022 quarter at 1,675.8, when the stock price was $83.79 and the EPS was $0.05. The lowest value was in the Mar 2023 quarter, when it reached 12.12 with a price of $95.6 and an EPS of $7.89.
Maximum annual decrease: -99.1% in 2023
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 15.12 | -99.1% |
| 2022 | 1,675.8 | N/A |
| 2021 | N/A | N/A |
| 2020 | 18.66 | N/A |
| 2019 | N/A | N/A |
| 2018 | N/A | N/A |
| 2017 | N/A | N/A |
| 2016 | 41.58 | N/A |
| 2015 | N/A | N/A |
| 2014 | 16.74 | -23.56% |
The current PE ratio of GE is below the 3, 5 and 10-year averages.
Compared to its peer DHR, GE's PE ratio stands lower, however it is higher than JNJ's and TMO's. General Electric's current PE ratio of 38.56 is above the average of its peers, which is 27.17.
| Stock name | PE ratio | Market cap |
|---|---|---|
| JNJ Johnson & Johnson | 10.55 | $386.7B |
| CAT Caterpillar Inc | 15.74 | $171.48B |
| HON Honeywell International Inc | 22.99 | $131.71B |
| MDT Medtronic plc | 28.41 | $100.91B |
| TMO Thermo Fisher Scientific Inc | 38.79 | $231.76B |
| GE General Electric Co | 39.77 | $184.13B |
| DHR Danaher Corp | 48.14 | $197.82B |
| MMM 3M Co | N/A | $70.37B |
The price to earnings ratio for GE stock is 38.56 as of Jul 25, 2024.
Over the last 3 years, the average price to earnings ratio for GE stock is 260.3.
Over the last 5 years, the average price to earnings ratio for GE stock is 206.45.
The highest quarterly PE ratio in the last ten years has been 1,675.8 and it was in the Dec 2022 quarter.
GE's price to earnings ratio is currently 68% below 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 (Jul 25, 2024), General Electric's stock price is $164.67. The earnings per share for the trailing twelve months (TTM) ending Jun 2024 is $4.27. Therefore, General Electric's P/E ratio for today is 38.56. PE RATIO(38.56) = STOCK PRICE($164.67) / TTM EPS($4.27)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.