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GE General Electric PE ratio, current and historical analysis

As of Feb 23, 2024, the General Electric stock's PE ratio is 18.17. This results from the current EPS of $8.44 and stock price of $153.33. The P/E ratio has an increase of 39% from the past four quarters average of 13.1.

GE PE ratio history

How has GE's PE ratio performed in the past

The PE ratio of General Electric has averaged 117.67 over the last ten years. The current PE ratio of 18.17 is 85% 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
117.67
Median
20.79
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
345.61
5-year avg
252
10-year avg
117.67
15-year avg
64.07

GE PE vs peers

What is GE's PE ratio compared to its peers

Compared to its peers TMO and DHR, GE's PE ratio stands lower, however it is higher than JNJ's and CAT's. General Electric's current PE ratio of 18.17 is below the average of its peers, which is 25.8.

Stock name PE ratio Market cap
JNJ Johnson & Johnson 11.66 $389.83B
CAT Caterpillar Inc 16 $165.23B
GE General Electric Co 18.17 $166.87B
HON Honeywell International Inc 23.52 $130.85B
MDT Medtronic plc 27.81 $113.91B
TMO Thermo Fisher Scientific Inc 36.39 $215.33B
DHR Danaher Corp 39.42 $187.77B
MMM 3M Co N/A $51.17B

Frequently asked questions

What is General Electric's PE ratio?

The price to earnings ratio for GE stock is 18.17 as of Feb 23, 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 345.61.

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 252.0.

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 85% 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 (Feb 23, 2024), General Electric's stock price is $153.33. The earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $8.44. Therefore, General Electric's P/E ratio for today is 18.17. PE RATIO(18.17) = STOCK PRICE($153.33) / TTM EPS($8.44)

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