About PE Ratio (TTM)
General Electric has a trailing-twelve-months P/E of 475.09X compared to the Diversified Operations industry’s P/E of 18.56X.
Simply so, Who bought GE?
GE sold its appliance business — not the entire company — to Haier for $5.4 billion in 2016, not recently. The purchase enabled GE to focus on its industrial business of jet engines and power tribunes, instead of washing machines and finance, the Wall Street Journal reported at the time of the deal.
Similarly, What is Apple’s current PE ratio?
Therefore, Apple’s PE Ratio for today is 29.30.
What is a good PE ratio?
The average P/E for the S&P 500 has historically ranged from 13 to 15. For example, a company with a current P/E of 25, above the S&P average, trades at 25 times earnings. The high multiple indicates that investors expect higher growth from the company compared to the overall market.
Furthermore, What is the PE ratio of Coca Cola?
Therefore, Coca-Cola Co’s PE Ratio for today is 30.60.
Table of Contents
Is GE a good brand?
GE’s appliances are reliable and top-rated while Whirlpool isn’t even in the mix. … The other top brands in this category are Kenmore and Bosch, not including GE. However, GE also isn’t at the end with the most unreliable appliances such as Maytag and Amana.
Is GE Appliances Made in USA?
Investing in American Workers
Behind every GE appliance is the work of thousands of dedicated Americans. From refrigerators to dishwashers, GE appliances are designed, engineered and hand-assembled with passion and care by thousands of employees in five U.S. locations.
Is GE and GM same company?
Consider, for example, two old-line companies that have been household names for decades: General Electric (founded 1892) and General Motors (founded 1908). Both GE and GM are making it very clear that they are no longer solely in the manufacturing business, they are software companies.
Is Apple PE ratio high?
Apple began the year with a trailing P/E ratio just over 13, according to FactSet, below its five-year average of 16.2, before finishing 2019 at 24.7, its highest point since 2010. … An increase in a company’s P/E ratio could mean that investors expect earnings growth in the future, so they’re willing to pay more now.
Is Tesla overvalued?
Tesla’s stock is overvalued and worth only $150, according to Craig Irwin, senior research analyst at Roth Capital, who said the electric carmaker must do more to justify its share price of nearly $700. … Tesla on Friday reported that it delivered 184,800 vehicles and produced 180,338 cars in the first quarter of 2021.
What is Walmart’s PE ratio?
As of Q2 2020, Walmart’s P/E ratio is about 23.88, meaning that WMT shares trade in the market at around 24 times the earnings per share.
Is 20 a good PE ratio?
A “good” P/E ratio isn’t necessarily a high ratio or a low ratio on its own. The market average P/E ratio currently ranges from 20-25, so a higher PE above that could be considered bad, while a lower PE ratio could be considered better.
Is a low PE ratio good?
In short, the P/E ratio shows what the market is willing to pay today for a stock based on its past or future earnings. A high P/E could mean that a stock’s price is high relative to earnings and possibly overvalued. Conversely, a low P/E might indicate that the current stock price is low relative to earnings.
Is 30 a good PE ratio?
A P/E of 30 is high by historical stock market standards. This type of valuation is usually placed on only the fastest-growing companies by investors in the company’s early stages of growth. Once a company becomes more mature, it will grow more slowly and the P/E tends to decline.
What P E ratio is too high?
Investors tend to prefer using forward P/E, though the current PE is high, too, right now at about 23 times earnings. There’s no specific number that indicates expensiveness, but, typically, stocks with P/E ratios of below 15 are considered cheap, while stocks above about 18 are thought of as expensive.
What is Starbucks PE ratio?
PE Ratio Range, Past 5 Years
| Minimum | 15.24 | Jul 05 2018 |
|---|---|---|
| Maximum | 198.82 | Mar 16 2021 |
| Average | 47.61 |
Is GE Cafe better than profile?
Two distinctive features of the Cafe series ovens are the custom handles and unique colors. The Profile series ovens stand out clearly from the others in terms of innovation. While the series cannot be compared to the Cafe in terms of design, it fares better in cooking performance.
Which stove is better GE or Whirlpool?
GE cookers are better for people who are willing to spend more money on a higher number of features, whereas Whirlpool ovens are better suited for people who value a better warranty and price.
Who makes GE Profile?
Four years prior, the same company acquired the New Zealand appliance maker, Fisher & Paykel. When the Haier company acquired GE, they wisely retained the right to use GE brand names through 2056. Today, Haier manufactures GE, Hotpoint, Cafe, Profile, and Monogram branded household appliances.
Are GE Appliances made in China?
GE Appliances is an American home appliance manufacturer based in Louisville, Kentucky. It has been majority owned by Chinese multinational home appliances company Haier since 2016.
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GE Appliances.
| Trade name | GE Appliances |
|---|---|
| Parent | Haier |
| Website | www.geappliancesco.com |
| Footnotes / references |
Does GE make good appliances?
GE Appliances is one of the top three refrigerator brands in USA. Their refrigerators are built to be reliable and provide good value for money.
Is GE an American company?
General Electric (GE), in full General Electric Company, major American corporation and one of the largest and most-diversified corporations in the world. Its products include electrical and electronic equipment, aircraft engines, and financial services. Headquarters are in Boston.
Is General Electric owned by GM?
GM is the better buy. John Bromels owns shares of General Electric.
Is GE an electric company?
The General Electric Company (GE) is an American multinational company. For more than 125 years, GE has invented the future of industry. Today, GE is best known for its work in the Power, Renewable Energy, Aviation and Healthcare industries.
