P/E ratio for WEC Energy Group (WEC)

P/E ratio history for WEC Energy Group from 2001 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
Alliant Energy LNT	23.8	3.60%	🇺🇸 USA
CMS Energy CMS	27.0	17.82%	🇺🇸 USA
Ameren AEE	21.5	-6.22%	🇺🇸 USA
DTE Energy DTE	20.2	-11.91%	🇺🇸 USA
Duke Energy DUK	80.1	249.38%	🇺🇸 USA
Pacific Gas and Electric PCG	23.2	1.02%	🇺🇸 USA
Xcel Energy XEL	22.2	-3.31%	🇺🇸 USA
Avista AVA	17.4	-24.32%	🇺🇸 USA
MGE Energy MGEE	31.7	38.15%	🇺🇸 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.