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	23.2	3.33%	🇺🇸 USA
CMS Energy CMS	26.8	19.48%	🇺🇸 USA
Ameren AEE	21.2	-5.63%	🇺🇸 USA
DTE Energy DTE	19.8	-11.76%	🇺🇸 USA
Duke Energy DUK	78.3	248.94%	🇺🇸 USA
Pacific Gas and Electric PCG	22.9	2.12%	🇺🇸 USA
Xcel Energy XEL	21.8	-2.67%	🇺🇸 USA
Avista AVA	17.0	-24.31%	🇺🇸 USA
MGE Energy MGEE	32.0	42.53%	🇺🇸 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.