P/E ratio for Duke Energy (DUK)

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

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
Xcel Energy XEL	22.6	-72.46%	🇺🇸 USA
Southern Company SO	31.9	-61.07%	🇺🇸 USA
American Electric Power AEP	24.1	-70.63%	🇺🇸 USA
Dominion Energy D	20.6	-74.82%	🇺🇸 USA
PPL PPL	31.3	-61.82%	🇺🇸 USA
FirstEnergy FE	42.0	-48.74%	🇺🇸 USA
Pacific Gas and Electric PCG	18.0	-78.08%	🇺🇸 USA
Ameren AEE	23.4	-71.43%	🇺🇸 USA
Nextera Energy NEE	18.4	-77.60%	🇺🇸 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.