Xcel Energy
XEL
#511
Rank
A$62.99 B
Marketcap
$109.71
Share price
-0.04%
Change (1 day)
18.78%
Change (1 year)

P/E ratio for Xcel Energy (XEL)

P/E ratio as of November 2024 (TTM): 22.7

According to Xcel Energy's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 22.6614. At the end of 2022 the company had a P/E ratio of 22.0.

P/E ratio history for Xcel Energy from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202222.0-3.6%
202122.9-4.29%
202023.9-0.26%
201924.020.11%
201819.9-6.3%
201721.315.59%
201618.4-0.51%
201518.54.61%
201417.720.96%
201314.62.41%
201214.3-10.6%
201116.010.58%
201014.40.09%
200914.413.62%
200812.7-23.44%
200716.60.75%
200616.511.53%
200514.8-29.41%
200420.990.96%
200311.0-647.74%
2002-2.00-116.65%
200112.0

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
23.5 3.65%๐Ÿ‡บ๐Ÿ‡ธ USA
23.3 3.02%๐Ÿ‡บ๐Ÿ‡ธ USA
81.0 257.30%๐Ÿ‡บ๐Ÿ‡ธ USA
24.3 7.03%๐Ÿ‡บ๐Ÿ‡ธ USA
23.3 2.97%๐Ÿ‡บ๐Ÿ‡ธ USA
31.3 38.19%๐Ÿ‡บ๐Ÿ‡ธ USA
20.6-8.91%๐Ÿ‡บ๐Ÿ‡ธ USA
17.7-22.04%๐Ÿ‡บ๐Ÿ‡ธ USA
27.5 21.16%๐Ÿ‡บ๐Ÿ‡ธ USA
22.2-1.94%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.