P/E ratio for Nextera Energy (NEE)
P/E ratio as of May 2024 (TTM): 20.2
According to Nextera Energy's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 20.2248. At the end of 2022 the company had a P/E ratio of 39.9.
P/E ratio history for Nextera Energy from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 39.9 | -22.24% |
| 2021 | 51.3 | -0.94% |
| 2020 | 51.8 | 66.63% |
| 2019 | 31.1 | 151.3% |
| 2018 | 12.4 | -9.3% |
| 2017 | 13.6 | -29.03% |
| 2016 | 19.2 | 12.61% |
| 2015 | 17.1 | -9.23% |
| 2014 | 18.8 | -1.69% |
| 2013 | 19.1 | 22.9% |
| 2012 | 15.6 | 0.24% |
| 2011 | 15.5 | 41.5% |
| 2010 | 11.0 | -17.58% |
| 2009 | 13.3 | 8.12% |
| 2008 | 12.3 | -40.09% |
| 2007 | 20.5 | 22.29% |
| 2006 | 16.8 | -4.62% |
| 2005 | 17.6 | -50.29% |
| 2004 | 35.4 | 37.55% |
| 2003 | 25.8 | -73.01% |
| 2002 | 95.4 | 235.92% |
| 2001 | 28.4 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 American Electric Power AEP | 21.2 | 4.94% | 🇺🇸 USA |
 Dominion Energy D | 19.6 | -3.10% | 🇺🇸 USA |
 Exelon Corporation EXC | 18.0 | -10.96% | 🇺🇸 USA |
 FirstEnergy FE | 44.2 | 118.53% | 🇺🇸 USA |
 Southern Company SO | 28.6 | 41.18% | 🇺🇸 USA |
 Duke Energy DUK | 72.4 | 258.09% | 🇺🇸 USA |
 Entergy ETR | 16.2 | -19.69% | 🇺🇸 USA |
 PPL PPL | 26.7 | 31.90% | 🇺🇸 USA |
 Xcel Energy XEL | 17.7 | -12.61% | 🇺🇸 USA |
 Pacific Gas and Electric
PCG | 20.3 | 0.13% | 🇺🇸 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.