P/E ratio for CenterPoint Energy (CNP)
P/E ratio as of June 2023 (TTM): 16.8
According to CenterPoint Energy 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.8343. At the end of 2020 the company had a P/E ratio of -11.3.
P/E ratio history for CenterPoint Energy from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2020 | -11.3 | -155.38% |
| 2019 | 20.4 | -46.65% |
| 2018 | 38.1 | 459.59% |
| 2017 | 6.82 | -72.33% |
| 2016 | 24.6 | -316.07% |
| 2015 | -11.4 | -169.11% |
| 2014 | 16.5 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Atmos Energy ATO | 20.0 | 18.82% | 🇺🇸 USA |
 Dominion Energy D | 35.4 | 110.37% | 🇺🇸 USA |
 Sempra Energy SRE | 18.9 | 12.18% | 🇺🇸 USA |
 Oneok OKE | 11.7 | -30.22% | 🇺🇸 USA |
 MDU Resources
MDU | 11.4 | -32.38% | 🇺🇸 USA |
 OGE Energy
OGE | 17.1 | 1.67% | 🇺🇸 USA |
 ONE Gas
OGS | 20.2 | 20.18% | 🇺🇸 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.