P/E ratio for CMS Energy (CMS)
P/E ratio as of October 2023 (TTM): 20.8
According to CMS Energy 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 20.767. At the end of 2021 the company had a P/E ratio of 14.0.
P/E ratio history for CMS Energy from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 14.0 | -39.37% |
| 2020 | 23.0 | -12.07% |
| 2019 | 26.2 | 22.87% |
| 2018 | 21.3 | -26.12% |
| 2017 | 28.8 | 37.9% |
| 2016 | 20.9 | 10.14% |
| 2015 | 19.0 | -3.28% |
| 2014 | 19.6 | 25.41% |
| 2013 | 15.7 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Alliant Energy LNT | 17.9 | -14.00% | 🇺🇸 USA |
 Ameren
AEE | 16.9 | -18.54% | 🇺🇸 USA |
 DTE Energy
DTE | 15.1 | -27.20% | 🇺🇸 USA |
 Exelon Corporation EXC | 17.4 | -16.03% | 🇺🇸 USA |
 WEC Energy Group WEC | 18.2 | -12.18% | 🇺🇸 USA |
 Xcel Energy XEL | 17.7 | -14.91% | 🇺🇸 USA |
 MGE Energy
MGEE | 21.5 | 3.47% | 🇺🇸 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.