P/E ratio for Excelerate Energy (EE)
P/E ratio as of April 2024 (TTM): 14.2
According to Excelerate Energy's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.1667. At the end of 2022 the company had a P/E ratio of 49.1.
P/E ratio history for Excelerate Energy from 2022 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 49.1 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 American Electric Power AEP | 18.6 | 30.99% | 🇺🇸 USA |
 Dominion Energy D | 17.6 | 24.37% | 🇺🇸 USA |
 Edison International
EIX | 21.1 | 48.80% | 🇺🇸 USA |
 Exelon Corporation EXC | 16.9 | 19.38% | 🇺🇸 USA |
 NRG Energy
NRG | -9.47 | -166.88% | 🇺🇸 USA |
 Nextera Energy NEE | 16.6 | 17.24% | 🇺🇸 USA |
 Entergy ETR | 14.7 | 3.44% | 🇺🇸 USA |
 Xcel Energy XEL | 16.8 | 18.77% | 🇺🇸 USA |
 OGE Energy
OGE | 15.7 | 10.98% | 🇺🇸 USA |
 PNM Resources PNM | 20.2 | 42.60% | 🇺🇸 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.