NRG Energy
NRG
#1420
Rank
$11.80 B
Marketcap
$56.71
Share price
2.51%
Change (1 day)
73.16%
Change (1 year)

P/E ratio for NRG Energy (NRG)

P/E ratio as of March 2024 (TTM): -7.18

According to NRG Energy 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -7.18442. At the end of 2022 the company had a P/E ratio of 6.29.

P/E ratio history for NRG Energy from 2003 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20226.2930.35%
20214.82-73.15%
202018.0664.76%
20192.35-95.02%
201847.1-1225.6%
2017-4.19-23.82%
2016-5.50808.98%
2015-0.6048-100.49%
2014123-620.37%
2013-23.5-225.95%
201218.7-18.51%
201122.9119.51%
201010.462.43%
20096.4337.05%
20084.69-75.96%
200719.547.44%
200613.2-79.21%
200563.7228.53%
200419.41135.54%
20031.57

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-17.9 148.91%๐Ÿ‡บ๐Ÿ‡ธ USA
21.1-394.03%๐Ÿ‡บ๐Ÿ‡ธ USA
16.7-332.61%๐Ÿ‡บ๐Ÿ‡ธ USA
17.8-348.15%๐Ÿ‡บ๐Ÿ‡ธ USA
24.2-436.71%๐Ÿ‡บ๐Ÿ‡ธ USA
14.6-303.33%๐Ÿ‡บ๐Ÿ‡ธ USA
64.7-1,000.13%๐Ÿ‡บ๐Ÿ‡ธ USA
14.6-302.54%๐Ÿ‡บ๐Ÿ‡ธ USA
15.7-319.17%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.