General Electric (GE) valuation
General Electric P/E ratio history
General Electric trades at 34.8 times its earnings over the last twelve months and 33.4 times the earnings analysts expect over the next twelve. At its last 5 fiscal year ends its P/E ranged from 15.3 (year to Dec 2023) to 37.8 (year to Dec 2025), with a median of 29.2.
| Fiscal year ended | Price | EPS | P/E | Forward P/E |
|---|---|---|---|---|
| Dec 31, 2025 | $308.03 | $8.14 | 37.8 | 44.2 |
| Dec 31, 2024 | $166.79 | $5.72 | 29.2 | 33.3 |
| Dec 31, 2023 | $101.86 | $6.68 | 15.3 | 31.1 |
| Dec 31, 2022 | $52.20 | $0.02 | n/m | 21.9 |
| Dec 31, 2021 | $58.86 | -$3.74 | n/m | 27.1 |
| Dec 31, 2020 | $53.83 | $2.86 | 18.8 | — |
| Dec 31, 2019 | $55.62 | -$3.14 | n/m | — |
| Dec 31, 2018 | $37.73 | -$13.06 | n/m | — |
| Dec 31, 2017 | $86.97 | -$5.13 | n/m | — |
| Dec 31, 2016 | $157.50 | $4.49 | 35.1 | — |
n/m: not meaningful (a loss, or earnings close to zero). The daily P/E line is a chart indicator in the app.
General Electric valuation against its peers
| Company | Market value | P/E | Forward P/E | Price / sales |
|---|---|---|---|---|
| General ElectricGE | $315B | 34.8 | 33.4 | 6.2 |
| RTXRTX | $269B | 32.4 | 25.1 | 2.9 |
| Lockheed MartinLMT | $147B | 22.6 | 19.5 | 1.9 |
| BoeingBA | $136B | 17.8 | 116.7 | 1.4 |
| General DynamicsGD | $101B | 22.7 | 20.9 | 1.8 |
| Howmet AerospaceHWM | $79.4B | 39.0 | 31.6 | 8.2 |
| Northrop GrummanNOC | $79.2B | 17.6 | 18.6 | 1.8 |
| TransDigm GroupTDG | $64.1B | 34.8 | 24.5 | 6.4 |
| L3HarrisLHX | $51.7B | 25.9 | 20.8 | 2.2 |
| Peer median | 24.3 | 22.7 | 2.0 |
Reading these multiples
The P/E divides the share price by earnings per share over the last twelve months; the forward P/E divides it by the earnings analysts expect over the next twelve. Price to sales compares the company's market value with its revenue over the last twelve months. A multiple reads differently from one industry to the next, so the peer group above is the fairer comparison.
See also: GE financials · GE returns
No forecast, no recommendation. This page describes General Electric from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.