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GE General Electric PE ratio, current and historical analysis

As of Jul 24, 2024, the General Electric stock's PE ratio is 40.28. This results from the current EPS of $4.27 and stock price of $172. The P/E ratio has an increase of 33% from the past four quarters average of 30.4.

GE PE ratio history

How has GE's PE ratio performed in the past

The PE ratio of General Electric has averaged 120.59 over the last ten years. The current PE ratio of 40.28 is 67% 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.

Average
120.59
Median
26.91
Minimum
12.12
Maximum
1,675.8

General Electric PE ratio by year

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%

GE average PE ratio chart

What is the average PE ratio of GE for the past years

The current PE ratio of GE is below the 3, 5 and 10-year averages.

3-year avg
260.3
5-year avg
206.45
10-year avg
120.59
15-year avg
66.13

GE PE vs peers

What is GE's PE ratio compared to its peers

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 40.28 is above the average of its peers, which is 26.46.

Stock name PE ratio Market cap
JNJ Johnson & Johnson 9.98 $366.66B
CAT Caterpillar Inc 15.46 $168.39B
HON Honeywell International Inc 25.01 $141.55B
MDT Medtronic plc 28.66 $101.81B
TMO Thermo Fisher Scientific Inc 35.29 $210.8B
GE General Electric Co 40.28 $186.5B
DHR Danaher Corp 46.43 $190.79B
MMM 3M Co N/A $57.95B

Frequently asked questions

What is General Electric's PE ratio?

The price to earnings ratio for GE stock is 40.28 as of Jul 24, 2024.

What is the 3-year average PE ratio for General Electric (GE)?

Over the last 3 years, the average price to earnings ratio for GE stock is 260.3.

What is the 5-year average PE ratio for General Electric (GE)?

Over the last 5 years, the average price to earnings ratio for GE stock is 206.45.

What is the highest PE ratio for GE?

The highest quarterly PE ratio in the last ten years has been 1,675.8 and it was in the Dec 2022 quarter.

How does the current PE ratio for GE compare to its historical average?

GE's price to earnings ratio is currently 67% below its 10-year historical average.

How is GE's PE ratio calculated (General Electric PE ratio formula)?

You can calculate the PE ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Jul 24, 2024), General Electric's stock price is $172. 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 40.28. PE RATIO(40.28) = STOCK PRICE($172) / TTM EPS($4.27)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.