P/E ratio for Duke Energy (DUK)
P/E ratio as of June 2024 (TTM): 72.1
According to Duke Energy's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 72.0845. At the end of 2022 the company had a P/E ratio of 32.5.
P/E ratio history for Duke Energy from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 32.5 | 53% |
| 2021 | 21.2 | -60.11% |
| 2020 | 53.2 | 195.31% |
| 2019 | 18.0 | -21.88% |
| 2018 | 23.1 | 19.61% |
| 2017 | 19.3 | -22.71% |
| 2016 | 25.0 | 41.24% |
| 2015 | 17.7 | -43.73% |
| 2014 | 31.4 | 71.57% |
| 2013 | 18.3 | -12.2% |
| 2012 | 20.8 | 20.67% |
| 2011 | 17.3 | -2.98% |
| 2010 | 17.8 | -14.11% |
| 2009 | 20.7 | 50.57% |
| 2008 | 13.8 | -19.44% |
| 2007 | 17.1 | 40.83% |
| 2006 | 12.1 | 194.47% |
| 2005 | 4.12 | -55.76% |
| 2004 | 9.32 | -216.02% |
| 2003 | -8.03 | -186.27% |
| 2002 | 9.31 | -0.05% |
| 2001 | 9.31 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Ameren
AEE | 16.3 | -77.33% | 🇺🇸 USA |
 American Electric Power AEP | 20.2 | -72.00% | 🇺🇸 USA |
 Dominion Energy D | 18.5 | -74.28% | 🇺🇸 USA |
 FirstEnergy FE | 42.6 | -40.90% | 🇺🇸 USA |
 Southern Company SO | 28.3 | -60.75% | 🇺🇸 USA |
 Nextera Energy NEE | 19.3 | -73.17% | 🇺🇸 USA |
 PPL PPL | 25.3 | -64.91% | 🇺🇸 USA |
 Xcel Energy XEL | 17.0 | -76.39% | 🇺🇸 USA |
 Pacific Gas and Electric
PCG | 20.0 | -72.21% | 🇺🇸 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.