GE General Electric PE ratio, current and historical analysis
As of Oct 21, 2024, the General Electric stock's PE ratio is 45.49. This results from the current EPS of $4.27 and stock price of $194.23. The P/E ratio has an increase of 50% from the past four quarters average of 30.4.
GE PE ratio history
The PE ratio of General Electric has averaged 126.54 over the last ten years. The current PE ratio of 45.49 is 64% 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.
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
The current PE ratio of GE is below the 3, 5 and 10-year averages.
GE PE vs peers
Compared to its peers DHR and MMM, GE's PE ratio stands lower, however it is higher than JNJ's and TMO's. General Electric's current PE ratio of 45.49 is above the average of its peers, which is 28.12.
| Stock name | PE ratio | Market cap |
|---|---|---|
| JNJ Johnson & Johnson | 10.72 | $392.95B |
| CAT Caterpillar Inc | 17.61 | $188.38B |
| HON Honeywell International Inc | 25.07 | $143.67B |
| MDT Medtronic plc | 30.36 | $116.03B |
| TMO Thermo Fisher Scientific Inc | 36.36 | $224.61B |
| GE General Electric Co | 41.85 | $193.76B |
| DHR Danaher Corp | 46.49 | $191.05B |
| MMM 3M Co | 78.93 | $74.14B |
Frequently asked questions
What is General Electric's PE ratio?
The price to earnings ratio for GE stock is 45.49 as of Oct 21, 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 64% 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 (Oct 21, 2024), General Electric's stock price is $194.23. 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 45.49. PE RATIO(45.49) = STOCK PRICE($194.23) / TTM EPS($4.27)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.