P/E ratio for CMS Energy (CMS)
P/E ratio as of April 2024 (TTM): 23.4
According to CMS Energy 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 23.3982. At the end of 2022 the company had a P/E ratio of 22.2.
P/E ratio history for CMS Energy from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 22.2 | 59.37% |
| 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 | -8.82% |
| 2012 | 17.2 | 28.3% |
| 2011 | 13.4 | -1.43% |
| 2010 | 13.6 | -14.17% |
| 2009 | 15.8 | 94.01% |
| 2008 | 8.15 | -147.85% |
| 2007 | -17.0 | -58.17% |
| 2006 | -40.7 | -4.56% |
| 2005 | -42.7 | -365.45% |
| 2004 | 16.1 | -152.83% |
| 2003 | -30.4 | 1411.76% |
| 2002 | -2.01 | -72.12% |
| 2001 | -7.22 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Alliant Energy LNT | 18.9 | -19.08% | 🇺🇸 USA |
 Ameren
AEE | 17.2 | -26.55% | 🇺🇸 USA |
 DTE Energy
DTE | 18.1 | -22.64% | 🇺🇸 USA |
 Exelon Corporation EXC | 17.4 | -25.65% | 🇺🇸 USA |
 WEC Energy Group WEC | 18.8 | -19.64% | 🇺🇸 USA |
 Xcel Energy XEL | 17.1 | -27.05% | 🇺🇸 USA |
 MGE Energy
MGEE | 23.7 | 1.23% | 🇺🇸 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.