During the past years, the highest pb ratio of general electric co was 3. General electric ge entered 2019 with a dismal outlook and. Feb 18, 2019 immelts value rather than publish advice about leadership, without any mention of ges poor results, immelt could offer far more useful commentary. Hence, todays pb ratio of general electric co is 1. Nyse realtime stock quotes, news and financial information from cnbc. General electric ge book value per share actual data and historical chart was last updated on may of 2020 according to the latest annual and quarterly. The book value is essentially the tangible accounting value of a firm compared to the market value that is. A reduction in the cost of goods sold as a percentage of sales from 77. The book value is essentially the tangible accounting value of a firm. Date, stock price, book value per share, price to book ratio. Apr 21, 2020 investors should cautiously buy slimmeddown general electric stock you dont have to go all in on ge stock, but at least the companys taking baby steps toward normalcy by david moadel apr 21. In accordance with recently published financial statements the book value per share of general electric is about 3.
Feb 11, 2020 general electric s history in a nutshell the modern general electric, as we know it now, is the story of repeated mergers. Enjoy chewable, crunchable nugget ice, perfect for party cocktails, sodas and other refreshing beverages. Other news for ge stocks that fell to 3year lows in the week of may 15 0516202. During immelts tenure, ge stock lost about 60% of its value. And general electric could easily spin off its health care assets to unlock value in ge stock, similar to siemens upcoming ipo of its healthineers unit, he adds. Find the latest general electric company ge stock quote, history, news and other vital information to help you with your stock trading and investing. Ge and ge profile appliances elevate your kitchen look with clean lines and a selection of premium finishes. General electric is no longer cheap after culps downsizing. General electric ge book value per share trading economics.
A look at some major stocks during the bottom of the 1933. Our products and technologies harness resources such as oil, gas, coal, diesel, nuclear and water to produce electric power and include gas and steam turbines, full balance of plant, upgrade and service solutions, as well as dataleveraging software. General electrics shares got devastated during 2018. Heres what you should do after general electrics massive fall in 2017, is staying invested in the stock a risky bet or an opportunity. General electrics history in a nutshell the modern general electric, as we know it now, is the story of repeated mergers. The second way, using pershare values, is to divide the companys current share price by the book value per share. Ge stock price, news, historical charts, analyst ratings and financial information from wsj. Find realtime ge general electric co stock quotes, company profile, news and forecasts from cnn business. In general, a low price to book value indicates that a stock is undervalued.
General electric market cap history and chart from 2006 to 2019. General electric price to book ratio 20062020 ge macrotrends. In the first way, the companys market capitalization is divided by the companys total book value from its balance sheet. Market capitalization or market value is the most commonly used method of measuring the size of a publicly traded company and is calculated by multiplying the current stock price by the number of shares outstanding. General electric company common stock ge stock quotes. General electric cos current price to book ratio has decreased due to shareprice contraction of 51. Find the latest book value per share for general electric company ge. Book value per share is a widely used stock evaluation measure. Ges stock bounces on heavy volume off of 29year low, heads toward biggest gain in 2 months. In 1878 thomas edison founded the edison electric light company to sell. General electric company common stock ge stock quotes nasdaq. Immelts value rather than publish advice about leadership, without any mention of ges poor results, immelt could offer far more useful commentary.
Year on year general electric co had relatively flat revenues 97. Jan 17, 2019 general electric may yet sell its valuable aviation financing and leasing business, ge capital aviation services, as the embattled conglomerate looks at ways to boost its fallen value. Ge stock general electric stock price today markets insider. An rationale for the ps ratio is that sales, as the top line in an income statement, are generally less subject to distortion or manipulation than other fundamentals such as eps or book value. General electric ge book value per share actual data and historical chart was last updated on may of 2020 according to the latest annual and quarterly financial statements. General electrics series d preferred stock pays a dividend of 5% for five years, while the fiveyear u.
Investors should cautiously buy slimmeddown general electric stock you dont have to go all in on ge stock, but at least the companys taking baby steps toward normalcy by. Analysts continue to warn general electric shareholders about the potential for future charges stemming from ge capital. Investors should cautiously buy slimmeddown ge stock. Get the latest general electric stock price and detailed information including ge news, historical charts and realtime prices.
Should general electric investors worry about ge capital. How dangerous is general electrics mountain of debt. Interest payments are not well covered by earnings. General electric company ge is an american multinational conglomerate incorporated in new york city and headquartered in boston. General electric company operates as a hightech industrial company in the united states, europe, asia, the americas, the middle east, and africa. Hence, todays pb ratio of general electric co is 2. Ge stock general electric stock price today markets. Its book value per share for the quarter that ended in mar. Ges stock bounces on heavy volume off of 29year low, heads toward biggest gain in 2 months shares of general electric co. Find out all the key statistics for general electric company ge, including valuation measures, fiscal year financial statistics, trading record, share statistics and more. The general electric company celebrated its 125 th anniversary in 2017, and had been widely reputed as one of the most reliable performers in the stock market, once upon a.
Ge has downsized to the point where the stock is no longer cheap. Shareowners receive cash in exchange for fractional interests. Nov 27, 2019 general electrics series d preferred stock pays a dividend of 5% for five years, while the fiveyear u. Get the latest general electric stock price and detailed information including ge. This represented a 70% drop, with dividends excluded, from the 1929 peak. Get the latest general electric stock price and detailed information including ge news, historical. Kitchen appliances, refrigerators, dishwashers ge appliances. Book value is defined as total assets minus liabilities, preferred stocks, and intangible assets. General electric company ge stock price, quote, history. Home homepage membership levels membership data coverage complete stock list founders message the book value investing forum podcast free trial. The last quarter of the year was particularly difficult when ge.
General electric book value per share fundamental analysis lookup allows you to. General electric co stock price, quote and news cnbc. Historical price to book ratio values for general electric ge over the last 10 years. Mar 26, 2020 the general electric company celebrated its 125 th anniversary in 2017, and had been widely reputed as one of the most reliable performers in the stock market, once upon a time.
General electric co price to book ratio pb ratios, ge. General electric may yet sell its valuable aviation financing and leasing business, ge capital aviation services, as the embattled conglomerate looks at ways to boost its fallen value. The current price to book ratio for general electric as of may 14, 2020 is 1. The price to book ratio or pb is calculated as market capitalization divided by its book value. W stock general electric stock price today markets. Dec 19, 2018 general electric s shares got devastated during 2018. The book value of equity represents the equity of shareholders from a balance sheet perspective less the preferred stock. Book value is a widely used stock evaluation measure. The fact is that it doesnt really matter for longterm general electric shareholders. In depth view into general electric book value per share including historical data from 1962, charts, stats and industry comps.
Enjoy chewable ice made from compacted ice flakes, perfect for cocktails, sodas and other refreshing beverages. Find the latest book value for general electric company ge. Find out all the key statistics for general electric company ge, including valuation measures, fiscal. A shareowners inclusion of the per share dividend amount in taxable income establishes the shareowners cost basis in the wabtec shares. Access over 100 stock metrics like beta, evebitda, pe10, free cash flow yield, kz index and cash conversion cycle. Ge power ge power is focused on powering lives and making electricity more affordable, reliable, accessible, and sustainable. Price to book value is a valuation ratio that is measured by stock price book value per share. General electric market cap 20062020 ge macrotrends. In depth view into general electric price to book value including historical data from 1962, charts, stats and industry comps. If book value per share is higher than the currently traded stock price, the. View realtime stock prices and stock quotes for a full financial overview.
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