According to Clearway Energy 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 50.6304. At the end of 2022 the company had a P/E ratio of 6.39.
Year | P/E ratio | Change |
---|---|---|
2022 | 6.39 | -92.2% |
2021 | 81.9 | -46.14% |
2020 | 152 | -176.21% |
2019 | -200 | -620.43% |
2018 | 38.3 | -132.45% |
2017 | -118 | -533.62% |
2016 | 27.2 | -29.87% |
2015 | 38.8 |
Company | P/E ratio | P/E ratio differencediff. | Country |
---|---|---|---|
NRG Energy
NRG | -9.38 | -118.53% | ๐บ๐ธ USA |
MGE Energy
MGEE | 23.9 | -52.72% | ๐บ๐ธ USA |
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.