P/E ratio for Duke Energy (DUK)
P/E ratio as of May 2023 (TTM): 17.6
According to Duke Energy's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 17.5992. At the end of 2021 the company had a P/E ratio of 21.2.
P/E ratio history for Duke Energy from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 21.2 | -59.71% |
| 2020 | 52.7 | 193.44% |
| 2019 | 17.9 | -20.35% |
| 2018 | 22.5 | 16.77% |
| 2017 | 19.3 | -22.71% |
| 2016 | 25.0 | 40.02% |
| 2015 | 17.8 | -44.02% |
| 2014 | 31.8 | 73.7% |
| 2013 | 18.3 | -13.43% |
| 2012 | 21.2 | 23.21% |
| 2011 | 17.2 | -3.44% |
| 2010 | 17.8 | -15.19% |
| 2009 | 21.0 | 51.72% |
| 2008 | 13.8 | -16.65% |
| 2007 | 16.6 | 36.74% |
| 2006 | 12.1 | 47.62% |
| 2005 | 8.22 | -12.08% |
| 2004 | 9.35 | -214.57% |
| 2003 | -8.16 | -188.48% |
| 2002 | 9.23 | -2.26% |
| 2001 | 9.44 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Ameren
AEE | 19.3 | 9.53% | 🇺🇸 USA |
 American Electric Power AEP | 18.2 | 3.17% | 🇺🇸 USA |
 Dominion Energy D | 33.9 | 92.43% | 🇺🇸 USA |
 FirstEnergy FE | 16.2 | -8.11% | 🇺🇸 USA |
 Southern Company SO | 22.3 | 26.92% | 🇺🇸 USA |
 Nextera Energy NEE | 22.0 | 25.03% | 🇺🇸 USA |
 PPL PPL | 24.8 | 40.75% | 🇺🇸 USA |
 Xcel Energy XEL | 20.2 | 14.93% | 🇺🇸 USA |
 Pacific Gas and Electric
PCG | 17.6 | -0.14% | 🇺🇸 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.