P/E ratio for MGE Energy (MGEE)

P/E ratio history for MGE Energy from 2001 to 2025

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	23.0	6.79%	🇺🇸 USA
Ameren AEE	21.2	-1.16%	🇺🇸 USA
American Electric Power AEP	18.2	-15.42%	🇺🇸 USA
CMS Energy CMS	21.7	1.13%	🇺🇸 USA
DTE Energy DTE	19.4	-9.62%	🇺🇸 USA
WEC Energy Group WEC	23.6	9.70%	🇺🇸 USA
Xcel Energy XEL	23.1	7.33%	🇺🇸 USA
Otter Tail OTTR	13.4	-37.87%	🇺🇸 USA
Allete ALE	24.5	14.03%	🇺🇸 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.