Immelts value rather than publish advice about leadership, without any mention of ges poor results, immelt could offer far more useful commentary. Enjoy chewable, crunchable nugget ice, perfect for party cocktails, sodas and other refreshing beverages. A shareowners inclusion of the per share dividend amount in taxable income establishes the shareowners cost basis in the wabtec shares. Find the latest book value per share for general electric company ge. Hence, todays pb ratio of general electric co is 1. 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. General electric company ge is an american multinational conglomerate incorporated in new york city and headquartered in boston. General electric co price to book ratio pb ratios, ge.
In 1878 thomas edison founded the edison electric light company to sell. General electric ge entered 2019 with a dismal outlook and. 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. Ge stock general electric stock price today markets. Its book value per share for the quarter that ended in mar. Other news for ge stocks that fell to 3year lows in the week of may 15 0516202. Get the latest general electric stock price and detailed information including ge news, historical charts and realtime prices. Ge has downsized to the point where the stock is no longer cheap. 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. The book value of equity represents the equity of shareholders from a balance sheet perspective less the preferred stock. General electric cos current price to book ratio has decreased due to shareprice contraction of 51. General electric company operates as a hightech industrial company in the united states, europe, asia, the americas, the middle east, and africa. Shareowners receive cash in exchange for fractional interests.
Find out all the key statistics for general electric company ge, including valuation measures, fiscal year financial statistics, trading record, share statistics and more. Ge power ge power is focused on powering lives and making electricity more affordable, reliable, accessible, and sustainable. General electric market cap 20062020 ge macrotrends. Ge stock price, news, historical charts, analyst ratings and financial information from wsj. General electric company common stock ge stock quotes. In the first way, the companys market capitalization is divided by the companys total book value from its balance sheet. Get the latest general electric stock price and detailed information including ge. Should general electric investors worry about ge capital. 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. Kitchen appliances, refrigerators, dishwashers ge appliances. General electrics series d preferred stock pays a dividend of 5% for five years, while the fiveyear u. General electrics history in a nutshell the modern general electric, as we know it now, is the story of repeated mergers.
In accordance with recently published financial statements the book value per share of general electric is about 3. 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. As of 2018, the company operates through the following segments. Ge and ge profile appliances elevate your kitchen look with clean lines and a selection of premium finishes. A reduction in the cost of goods sold as a percentage of sales from 77.
Home homepage membership levels membership data coverage complete stock list founders message the book value investing forum podcast free trial. Dec 19, 2018 general electric s shares got devastated during 2018. The price to book ratio or pb is calculated as market capitalization divided by its book value. In depth view into general electric price to book value including historical data from 1962, charts, stats and industry comps. Nyse realtime stock quotes, news and financial information from cnbc. Interest payments are not well covered by earnings. Heres what you should do after general electrics massive fall in 2017, is staying invested in the stock a risky bet or an opportunity. 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. W stock general electric stock price today markets. Ge shareholders must own ge stock by february 14th and hold through february 25th close of trade to be eligible to receive wabtec shares. Find the latest general electric company ge stock quote, history, news and other vital information to help you with your stock trading and investing.
General electric s tangible book value is negative. General electric price to book ratio 20062020 ge macrotrends. General electric company common stock ge stock quotes nasdaq. The fact is that it doesnt really matter for longterm general electric shareholders. Find realtime ge general electric co stock quotes, company profile, news and forecasts from cnn business. Nov 27, 2019 general electrics series d preferred stock pays a dividend of 5% for five years, while the fiveyear u. During immelts tenure, ge stock lost about 60% of its value. 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. Book value per share is a widely used stock evaluation measure. Price to book value is a valuation ratio that is measured by stock price book value per share. 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. 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 electric co stock price, quote and news cnbc.
In depth view into general electric book value per share including historical data from 1962, charts, stats and industry comps. 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. 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. Its book value per share for the quarter that ended in jun. This represented a 70% drop, with dividends excluded, from the 1929 peak. The book value is essentially the tangible accounting value of a firm.
If book value per share is higher than the currently traded stock price, the. Analysts continue to warn general electric shareholders about the potential for future charges stemming from ge capital. 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. The book value is essentially the tangible accounting value of a firm compared to the market value that is. Book value is defined as total assets minus liabilities, preferred stocks, and intangible assets. General electric ge book value per share trading economics.
Find the latest book value for general electric company ge. Hence, todays pb ratio of general electric co is 2. The last quarter of the year was particularly difficult when ge. Enjoy chewable ice made from compacted ice flakes, perfect for cocktails, sodas and other refreshing beverages. General electrics shares got devastated during 2018. Historical price to book ratio values for general electric ge over the last 10 years. 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. A look at some major stocks during the bottom of the 1933. General electric is no longer cheap after culps downsizing. Year on year general electric co had relatively flat revenues 97. The second way, using pershare values, is to divide the companys current share price by the book value per share. Investors should cautiously buy slimmeddown ge stock.
However, the stock is selling at such a big discount to fair value that. How dangerous is general electrics mountain of debt. Find out all the key statistics for general electric company ge, including valuation measures, fiscal. General electric company ge stock price, quote, history. The current price to book ratio for general electric as of may 14, 2020 is 1. Book value is a widely used stock evaluation measure. Ge stock general electric stock price today markets insider. General electric market cap history and chart from 2006 to 2019. In general, a low price to book value indicates that a stock is undervalued.
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