P/E ratio for Nextera Energy (NEE)
P/E ratio as of June 2023 (TTM): 22.1
According to Nextera Energy's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 22.0791. At the end of 2021 the company had a P/E ratio of 38.9.
P/E ratio history for Nextera Energy from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 38.9 | -24.86% |
| 2020 | 51.8 | 66.63% |
| 2019 | 31.1 | 152.01% |
| 2018 | 12.3 | -9.56% |
| 2017 | 13.6 | -29.03% |
| 2016 | 19.2 | 12.61% |
| 2015 | 17.1 | |
| 2013 | 19.1 | 22.9% |
| 2012 | 15.6 | 0.24% |
| 2011 | 15.5 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 American Electric Power AEP | 18.7 | -15.44% | 🇺🇸 USA |
 Dominion Energy D | 36.0 | 63.20% | 🇺🇸 USA |
 Exelon Corporation EXC | 17.9 | -18.96% | 🇺🇸 USA |
 FirstEnergy FE | 17.0 | -23.18% | 🇺🇸 USA |
 Southern Company SO | 22.5 | 2.13% | 🇺🇸 USA |
 Duke Energy DUK | 18.2 | -17.71% | 🇺🇸 USA |
 Entergy ETR | 18.3 | -17.03% | 🇺🇸 USA |
 PPL PPL | 25.7 | 16.46% | 🇺🇸 USA |
 Xcel Energy XEL | 20.2 | -8.41% | 🇺🇸 USA |
 Pacific Gas and Electric
PCG | 18.2 | -17.37% | 🇺🇸 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.