Back to GE overview
#
GE General Electric
PE ratio, current and historical analysis

## GE PE ratio history

### General Electric PE ratio by year

## GE average PE ratio chart

## GE PE vs peers

## Frequently asked questions

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What is General Electric's PE ratio?

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

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

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What is the highest PE ratio for GE?

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

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

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.

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

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% |

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

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 |

The price to earnings ratio for GE stock is 18.17 as of Feb 23, 2024.

Over the last 3 years, the average price to earnings ratio for GE stock is 345.61.

Over the last 5 years, the average price to earnings ratio for GE stock is 252.0.

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 85% 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 (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.