WEC Energy Group
WEC
#619
Rank
HK$256.32 B
Marketcap
HK$806.68
Share price
-0.64%
Change (1 day)
26.94%
Change (1 year)

P/E ratio for WEC Energy Group (WEC)

P/E ratio as of March 2025 (TTM): 24.0

According to WEC Energy Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 23.9723. At the end of 2022 the company had a P/E ratio of 21.0.

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

PE ratio at the end of each year

Year P/E ratio Change
202221.0-10.56%
202123.5-2.7%
202024.2-5.98%
201925.724.63%
201820.618.22%
201717.4-11.41%
201619.7-8.71%
201521.66.69%
201420.224.15%
201316.35.12%
201215.50.09%
201115.52.76%
201015.1-1.51%
200915.311.78%
200813.7-19.43%
200717.0-3.45%
200617.619.26%
200514.714.12%
200412.9-19.3%
200316.0-8.85%
200217.644.77%
200112.1

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
23.7-0.97%๐Ÿ‡บ๐Ÿ‡ธ USA
28.2 17.81%๐Ÿ‡บ๐Ÿ‡ธ USA
22.6-5.54%๐Ÿ‡บ๐Ÿ‡ธ USA
21.6-9.99%๐Ÿ‡บ๐Ÿ‡ธ USA
80.9 237.36%๐Ÿ‡บ๐Ÿ‡ธ USA
17.6-26.38%๐Ÿ‡บ๐Ÿ‡ธ USA
21.4-10.68%๐Ÿ‡บ๐Ÿ‡ธ USA
17.6-26.60%๐Ÿ‡บ๐Ÿ‡ธ USA
27.1 13.00%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.