P/E ratio for NRG Energy (NRG)

P/E ratio history for NRG Energy from 2003 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
Edison International EIX	26.7	-317.88%	🇺🇸 USA
Southern Company SO	31.6	-357.79%	🇺🇸 USA
OGE Energy OGE	20.6	-268.03%	🇺🇸 USA
AES AES	-15.6	27.28%	🇺🇸 USA
Duke Energy DUK	80.1	-752.52%	🇺🇸 USA
Exelon Corporation EXC	18.1	-247.12%	🇺🇸 USA
Nextera Energy NEE	20.3	-265.77%	🇺🇸 USA
Entergy ETR	21.6	-275.90%	🇺🇸 USA
Sempra Energy SRE	23.5	-291.57%	🇺🇸 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.