According to Xcel Energy's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 21.0095. At the end of 2022 the company had a P/E ratio of 22.0.
Year | P/E ratio | Change |
---|---|---|
2022 | 22.0 | -3.6% |
2021 | 22.9 | -4.29% |
2020 | 23.9 | -0.26% |
2019 | 24.0 | 20.11% |
2018 | 19.9 | -6.3% |
2017 | 21.3 | 15.59% |
2016 | 18.4 | -0.51% |
2015 | 18.5 | 4.61% |
2014 | 17.7 | 20.96% |
2013 | 14.6 | 2.41% |
2012 | 14.3 | -10.6% |
2011 | 16.0 | 10.58% |
2010 | 14.4 | 0.09% |
2009 | 14.4 | 13.62% |
2008 | 12.7 | -23.44% |
2007 | 16.6 | 0.75% |
2006 | 16.5 | 11.53% |
2005 | 14.8 | -29.41% |
2004 | 20.9 | 90.96% |
2003 | 11.0 | -647.74% |
2002 | -2.00 | -116.65% |
2001 | 12.0 |
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.