P/E ratio for CenterPoint Energy (CNP)

P/E ratio history for CenterPoint Energy 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
Dominion Energy D	20.7	-12.48%	🇺🇸 USA
OGE Energy OGE	20.0	-15.28%	🇺🇸 USA
Sempra Energy SRE	22.8	-3.25%	🇺🇸 USA
Atmos Energy ATO	24.7	4.52%	🇺🇸 USA
Oneok OKE	19.8	-16.30%	🇺🇸 USA
MDU Resources MDU	10.1	-57.18%	🇺🇸 USA
ONE Gas OGS	18.0	-23.72%	🇺🇸 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.