WEC Energy Group
WEC
#672
Rank
A$46.07 B
Marketcap
$145.64
Share price
0.04%
Change (1 day)
11.59%
Change (1 year)

P/E ratio for WEC Energy Group (WEC)

P/E ratio as of November 2024 (TTM): 22.1

According to WEC Energy Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 22.0993. At the end of 2022 the company had a P/E ratio of 21.0.

P/E ratio history for WEC Energy Group from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202221.0-10.56%
202123.5-2.7%
202024.2-5.98%
201925.724.63%
201820.618.22%
201717.4-11.41%
201619.7-8.71%
201521.66.69%
201420.224.15%
201316.35.12%
201215.50.09%
201115.52.76%
201015.1-1.51%
200915.311.78%
200813.7-19.43%
200717.0-3.45%
200617.619.26%
200514.714.12%
200412.9-19.3%
200316.0-8.85%
200217.644.77%
200112.1

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
22.1-0.05%๐Ÿ‡บ๐Ÿ‡ธ USA
27.0 22.29%๐Ÿ‡บ๐Ÿ‡ธ USA
20.1-9.25%๐Ÿ‡บ๐Ÿ‡ธ USA
20.1-8.99%๐Ÿ‡บ๐Ÿ‡ธ USA
79.6 260.41%๐Ÿ‡บ๐Ÿ‡ธ USA
22.0-0.25%๐Ÿ‡บ๐Ÿ‡ธ USA
21.2-4.17%๐Ÿ‡บ๐Ÿ‡ธ USA
16.6-24.75%๐Ÿ‡บ๐Ÿ‡ธ USA
27.0 22.36%๐Ÿ‡บ๐Ÿ‡ธ 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.