FirstEnergy Corp. (FE) Valuation
Historical valuation analysis based on 1279 data points (2021-09-14 to 2026-10-16)
FirstEnergy is an investor-owned holding company with operations across five mid-Atlantic and Midwestern states. FirstEnergy also owns and operates one of the nation's largest electric transmission...
FirstEnergy Corp. (FE) currently trades at a P/E ratio of 24.63 (historical range: 15.56–58.49, median: 21.92), placing it at the 58th percentile — near its historical average, P/S ratio of 1.69 (range: 1.45–2.43, 21th percentile — below its historical average), EV/EBITDA of 24.08 (range: 16.99–28.67, 77th percentile).
Over the historical period (2021-09-14 to 2026-10-16), FirstEnergy Corp.'s P/E ratio has contracted by 20% over the observed period (from an average of 29.3 to 23.4).
FirstEnergy Corp. trades near its historical valuation range, with most metrics close to their median levels.
Historical Valuation Metrics
| Metric | Current | Median | %ile | Assessment |
|---|---|---|---|---|
| P/E Ratio | 24.63 | 21.92 | 58th | near its historical average |
| P/S Ratio | 1.69 | 1.79 | 21th | below its historical average |
| EV/EBITDA | 24.08 | 21.83 | 77th | above its historical average |
| FCF Yield | 0.35% | 1.02% | 20th | expensive relative to its history |
FirstEnergy Corp. (FE) Valuation & P/E History
FirstEnergy Corp. (FE) is a US-listed stock operating in the Utilities sector, specifically the Electric Services industry currently trading at $46.19 with a market capitalization of $26.7 billion. This page provides historical valuation analysis for FE based on 1279 data points covering 2021-09-14 to 2026-10-16. The P/E ratio of 24.63 is above the historical median of 21.92, placing FE at the 58th percentile of its valuation range. The P/S ratio of 1.69 compares to a median of 1.79.
FE Valuation Metrics & Historical Range
The valuation table above shows FirstEnergy Corp.'s current and historical valuation multiples, including P/E ratio, P/S ratio, EV/EBITDA, FCF yield, and dividend yield. Each metric is compared to its own historical range to determine whether FE is currently trading above or below its typical valuation levels.
- P/E ratio: Price-to-earnings measures how much investors pay per dollar of earnings. A P/E above the historical median suggests FE is expensively valued; below the median suggests it is cheap.
- P/S ratio: Price-to-sales is useful for companies with volatile or negative earnings. Lower P/S relative to history may indicate value.
- EV/EBITDA: Enterprise value to EBITDA adjusts for debt and cash, providing a capital-structure-neutral valuation measure for FirstEnergy Corp..
- FCF yield: Free cash flow yield shows the cash return relative to market price. Higher yields may indicate undervaluation.
Is FE Overvalued or Undervalued?
FirstEnergy Corp. trades near its historical valuation range, with most metrics close to their median levels. The overall valuation percentile of 52 combines P/E, P/S, and EV/EBITDA percentiles into a single measure of how expensive FE is relative to its own history. A percentile below 25 suggests the stock may be undervalued, while a percentile above 75 suggests it may be overvalued.
However, valuation is only one factor in investment decisions. A stock can remain "overvalued" for years if growth accelerates, or "undervalued" if the business deteriorates. Always combine valuation analysis with financial statement analysis and the full FE analysis page for a complete picture.
Valuation data is computed from historical price and fundamental data via Polygon.io and Finnhub.FE trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.