P/E ratio for CenterPoint Energy (CNP)
P/E ratio as of June 2024 (TTM): 23.4
According to CenterPoint Energy 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 23.4173. At the end of 2022 the company had a P/E ratio of 18.9.
P/E ratio history for CenterPoint Energy from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 18.9 | 56.79% |
| 2021 | 12.0 | -206.74% |
| 2020 | -11.3 | -155.38% |
| 2019 | 20.4 | -46.65% |
| 2018 | 38.1 | 459.59% |
| 2017 | 6.82 | -72.33% |
| 2016 | 24.6 | -316.07% |
| 2015 | -11.4 | -169.11% |
| 2014 | 16.5 | -48.04% |
| 2013 | 31.8 | 60% |
| 2012 | 19.8 | 215.12% |
| 2011 | 6.30 | -57.13% |
| 2010 | 14.7 | 2.26% |
| 2009 | 14.4 | 49.13% |
| 2008 | 9.63 | -29.14% |
| 2007 | 13.6 | 13.98% |
| 2006 | 11.9 | -23.88% |
| 2005 | 15.7 | -506.33% |
| 2004 | -3.86 | -163.68% |
| 2003 | 6.06 | -1033.38% |
| 2002 | -0.6489 | -109.78% |
| 2001 | 6.63 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Atmos Energy ATO | 19.2 | -17.81% | 🇺🇸 USA |
 Dominion Energy D | 19.7 | -16.00% | 🇺🇸 USA |
 Sempra Energy SRE | 18.8 | -19.75% | 🇺🇸 USA |
 Oneok OKE | 14.6 | -37.48% | 🇺🇸 USA |
 MDU Resources
MDU | 14.3 | -39.13% | 🇺🇸 USA |
 OGE Energy
OGE | 16.9 | -27.77% | 🇺🇸 USA |
 ONE Gas
OGS | 14.4 | -38.48% | 🇺🇸 USA |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.