The PE ratio for Genie Energy stock stands at 20.99 as of May 2, 2024. This results from the current EPS of $0.75 and stock price of $15.74. An increase of 56% has been seen in the P/E ratio compared to the average of 13.5 of the last 4 quarters.
Over the last eight years, the average PE ratio of Genie Energy has been 19.54. The current 20.99 PE ratio is 7% above the historical average. Over the past eight years, GNE's PE ratio was at its highest in the Dec 2019 quarter at 77.3, with a price of $7.73 and an EPS of $0.1. The Sep 2022 quarter recorded the bottom point at 2.46, with a price of $9.35 and an EPS of $3.8.
Maximum annual increase: 1,113.92% in 2023
Maximum annual decrease: -79.28% in 2020
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 37.51 | 1,113.92% |
| 2022 | 3.09 | -41.14% |
| 2021 | 5.25 | -67.23% |
| 2020 | 16.02 | -79.28% |
| 2019 | 77.3 | 990.27% |
| 2018 | 7.09 | N/A |
| 2017 | N/A | N/A |
| 2016 | N/A | N/A |
| 2015 | N/A | N/A |
| 2014 | N/A | N/A |
Currently, GNE's PE ratio is above the 3, 5 and 10-year historical averages.
GNE's PE ratio is lower than its peer stock FE, but it is greater than EXC's and ED's. Genie Energy is presently trading at a higher PE ratio (20.99) than its peer group average of 15.96.
| Stock name | PE ratio | Market cap |
|---|---|---|
| NFG National Fuel Gas Co | 10.8 | $5.03B |
| ED Consolidated Edison Inc | 13.14 | $32.91B |
| EXC Exelon Corp | 16.33 | $37.89B |
| NI Nisource Inc | 17.92 | $12.75B |
| GNE Genie Energy Ltd | 20.99 | $430.65M |
| FE Firstenergy Corp | 21.13 | $22.5B |
| UGI Ugi Corp | N/A | $5.08B |
GNE stock has a price to earnings ratio of 20.99 as of May 2, 2024.
The 3-year average PE ratio for GNE stock is 9.32.
The 5-year average PE ratio for GNE stock is 19.97.
The highest quarterly PE ratio in the last eight years has been 77.3 and it was in the Dec 2019 quarter.
GNE's price to earnings ratio is currently 7% above its 8-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 (May 2, 2024), Genie Energy's stock price is $15.74. The earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $0.75. Therefore, Genie Energy's P/E ratio for today is 20.99. PE RATIO(20.99) = STOCK PRICE($15.74) / TTM EPS($0.75)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.