GE General Electric PE ratio, current and historical analysis
As of Jan 31, 2025, the General Electric stock's PE ratio is 35.47. This results from the current EPS of $5.74 and stock price of $203.57. The current PE ratio is nearly equal to the average from the previous four quarters.
GE PE ratio history
The PE ratio of General Electric has averaged 127.49 over the last nine years. The current PE ratio of 35.47 is 72% below the historical average. Over the past nine 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 increase: 59.02% in 2009
Maximum annual decrease: -99.1% in 2023
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2023 | 15.12 | -99.1% | $127.63 | $8.44 |
| 2022 | 1,675.8 | N/A | $83.79 | $0.05 |
| 2021 | N/A | N/A | $94.47 | -$6 |
| 2020 | 18.66 | N/A | $86.4 | $4.63 |
| 2019 | N/A | N/A | $89.28 | -$4.99 |
| 2018 | N/A | N/A | $60.56 | -$20.96 |
| 2017 | N/A | N/A | $139.6 | -$8.24 |
| 2016 | 41.58 | N/A | $252.8 | $6.08 |
| 2015 | N/A | N/A | $249.2 | -$4.96 |
| 2014 | 16.74 | -23.56% | $202.16 | $12.08 |
| 2013 | 21.9 | 34.6% | $224.24 | $10.24 |
| 2012 | 16.27 | 12.67% | $167.92 | $10.32 |
| 2011 | 14.44 | -16.29% | $143.28 | $9.92 |
| 2010 | 17.25 | 15.15% | $146.32 | $8.48 |
| 2009 | 14.98 | 59.02% | $121.04 | $8.08 |
General Electric PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Sep 2024 | 32.85 | -11.76% | $188.58 | $5.74 |
| Jun 2024 | 37.23 | -34.47% | $158.97 | $4.27 |
| Mar 2024 | 56.81 | 275.73% | $175.53 | $3.09 |
| Dec 2023 | 15.12 | 21.54% | $127.63 | $8.44 |
| Sep 2023 | 12.44 | -1.11% | $110.55 | $8.89 |
| Jun 2023 | 12.58 | 3.8% | $109.85 | $8.73 |
| Mar 2023 | 12.12 | -99.28% | $95.6 | $7.89 |
| Dec 2022 | 1,675.8 | N/A | $83.79 | $0.05 |
| Sep 2022 | N/A | N/A | $61.91 | -$5.25 |
| Jun 2022 | N/A | N/A | $63.67 | -$4.24 |
| Mar 2022 | N/A | N/A | $91.5 | -$4.46 |
| Dec 2021 | N/A | N/A | $94.47 | -$6 |
| Sep 2021 | N/A | N/A | $103.03 | -$0.41 |
| Jun 2021 | N/A | N/A | $107.68 | -$2.59 |
| Mar 2021 | N/A | N/A | $105.04 | -$3.59 |
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 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 35.47 is above the average of its peers, which is 27.76.
| Stock name | PE ratio | Market cap |
|---|---|---|
| CAT Caterpillar Inc | 17.14 | $179.33B |
| MMM 3M Co | 19.17 | $82.88B |
| JNJ Johnson & Johnson | 25.23 | $366.32B |
| HON Honeywell International Inc | 25.71 | $145.47B |
| MDT Medtronic plc | 27.6 | $116.46B |
| GE General Electric Co | 35.47 | $220.32B |
| TMO Thermo Fisher Scientific Inc | 37.38 | $228.64B |
| DHR Danaher Corp | 42.11 | $160.88B |
Frequently asked questions
What is General Electric's PE ratio?
The price to earnings ratio for GE stock is 35.47 as of Jan 31, 2025.
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 231.87.
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 189.09.
What is the highest PE ratio for GE?
The highest quarterly PE ratio in the last nine 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 72% below its 9-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 (Jan 31, 2025), General Electric's stock price is $203.57. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $5.74. Therefore, General Electric's P/E ratio for today is 35.47. PE RATIO(35.47) = STOCK PRICE($203.57) / TTM EPS($5.74)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.