Nextera Energy
NEE
#57
Rank
$169.58 B
Marketcap
$85.34
Share price
0.49%
Change (1 day)
-0.87%
Change (1 year)

P/E ratio for Nextera Energy (NEE)

P/E ratio as of November 2022 (TTM): 43.8

According to Nextera Energy's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 43.7732. 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
202138.9-24.86%
202051.866.63%
201931.1152.01%
201812.3-9.56%
201713.6-29.03%
201619.212.61%
201517.1
201319.122.9%
201215.60.24%
201115.5

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
17.8-59.23%๐Ÿ‡บ๐Ÿ‡ธ USA
21.8-50.25%๐Ÿ‡บ๐Ÿ‡ธ USA
13.4-69.38%๐Ÿ‡บ๐Ÿ‡ธ USA
17.6-59.89%๐Ÿ‡บ๐Ÿ‡ธ USA
20.9-52.18%๐Ÿ‡บ๐Ÿ‡ธ USA
16.9-61.32%๐Ÿ‡บ๐Ÿ‡ธ USA
18.4-58.02%๐Ÿ‡บ๐Ÿ‡ธ USA
30.8-29.71%๐Ÿ‡บ๐Ÿ‡ธ USA
22.7-48.19%๐Ÿ‡บ๐Ÿ‡ธ USA
154 251.13%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.