Duke Energy
DUK
#242
Rank
$71.23 B
Marketcap
$92.42
Share price
1.72%
Change (1 day)
-3.71%
Change (1 year)

P/E ratio for Duke Energy (DUK)

P/E ratio as of March 2024 (TTM): 65.1

According to Duke Energy's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 65.0845. At the end of 2022 the company had a P/E ratio of 32.5.

P/E ratio history for Duke Energy from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202232.553%
202121.2-60.11%
202053.2195.31%
201918.0-21.88%
201823.119.61%
201719.3-22.71%
201625.041.24%
201517.7-43.73%
201431.471.57%
201318.3-12.2%
201220.820.67%
201117.3-2.98%
201017.8-14.11%
200920.750.57%
200813.8-19.44%
200717.140.83%
200612.1194.47%
20054.12-55.76%
20049.32-216.02%
2003-8.03-186.27%
20029.31-0.05%
20019.31

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
16.9-73.97%๐Ÿ‡บ๐Ÿ‡ธ USA
19.5-70.06%๐Ÿ‡บ๐Ÿ‡ธ USA
17.2-73.62%๐Ÿ‡บ๐Ÿ‡ธ USA
41.0-37.07%๐Ÿ‡บ๐Ÿ‡ธ USA
24.5-62.31%๐Ÿ‡บ๐Ÿ‡ธ USA
14.5-77.64%๐Ÿ‡บ๐Ÿ‡ธ USA
24.1-62.99%๐Ÿ‡บ๐Ÿ‡ธ USA
16.2-75.17%๐Ÿ‡บ๐Ÿ‡ธ USA
18.5-71.60%๐Ÿ‡บ๐Ÿ‡ธ 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.