FE PE Ratio 2026
Firstenergy Corp Price to Earnings Analysis
Current P/E Ratio
29.00
Stock Price
$50.94
EPS (TTM)
$1.76
Valuation
Overvalued
PE Ratio Breakdown
Trailing P/E (TTM)
29.00
Based on last 12 months earnings
Utilities Industry Avg
20.00
FE is 45% above industry
PEG Ratio
644.44
Potentially overvalued
What Does FE P/E Ratio Mean?
Current Valuation
At a P/E ratio of 29.00, investors are paying $29.00 for every $1 of FE's annual earnings. This high P/E suggests investors expect strong future earnings growth or that the stock is trading at a premium.
Industry Comparison
Compared to the Utilities industry average P/E of 20, FE is trading at a premium. This could be justified by superior growth, profitability, or competitive position.
PE Ratio Calculator
How P/E ratio changes with different stock prices:
At $40.75
P/E: 23.15
20% lower
At $45.84
P/E: 26.05
10% lower
At $56.03
P/E: 31.83
10% higher
At $61.12
P/E: 34.73
20% higher
Get Complete FE Valuation Analysis
DCF model, comparable companies, and AI-powered insights
Frequently Asked Questions
What is FE PE ratio?
FE (Firstenergy Corp) has a price-to-earnings (P/E) ratio of 29.00. This means investors are paying $29.00 for every $1 of FE's annual earnings. The P/E ratio is a key valuation metric used to assess whether a stock is overvalued or undervalued relative to its earnings.
What is a good PE ratio?
A "good" P/E ratio depends on the industry and growth prospects. Generally, a P/E ratio between 15-25 is considered reasonable for mature companies. Growth stocks often trade at higher P/E ratios (30-50+) due to expected future earnings growth. Value stocks typically have lower P/E ratios (below 15). Compare FE's P/E of 29.00 to its industry average and historical range.
Is FE overvalued based on PE ratio?
FE's P/E ratio of 29.00 is above the Utilities industry average of approximately 20. This suggests the stock may be trading at a premium, though high P/E ratios can be justified by strong growth prospects.
What is the difference between forward and trailing PE ratio?
The trailing P/E ratio uses earnings from the past 12 months (historical data), while the forward P/E ratio uses projected earnings for the next 12 months (future estimates). FE's trailing P/E is 29.00. Forward P/E is often more useful for growth companies as it reflects expected future performance.
How do you calculate PE ratio?
P/E ratio is calculated by dividing the stock price by earnings per share (EPS). Formula: P/E = Stock Price / EPS. For FE, with a current price of $50.94 and EPS of $1.76, the P/E ratio is 28.94. A higher P/E means investors pay more per dollar of earnings.
What is PEG ratio and how does it relate to PE?
The PEG (Price/Earnings to Growth) ratio adjusts the P/E ratio for earnings growth. It's calculated as P/E / Earnings Growth Rate. FE's PEG ratio is approximately 644.44. A PEG below 1.0 suggests the stock may be undervalued relative to its growth rate, while above 2.0 may indicate overvaluation.