P/E ratio for Sempra Energy (SRE)
P/E ratio as of March 2023 (TTM): 21.9
According to Sempra Energy's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 21.9051. At the end of 2021 the company had a P/E ratio of 31.8.
P/E ratio history for Sempra Energy from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 31.8 | 221.45% |
| 2020 | 9.89 | -51.74% |
| 2019 | 20.5 | -35.96% |
| 2018 | 32.0 | |
| 2016 | 18.9 | 9.06% |
| 2015 | 17.3 | -26.46% |
| 2014 | 23.5 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Dominion Energy D | 48.9 | 123.10% | 🇺🇸 USA |
 Nextera Energy NEE | 35.8 | 63.66% | 🇺🇸 USA |
 NiSource
NI | 19.3 | -11.87% | 🇺🇸 USA |
 Oneok OKE | 16.8 | -23.52% | 🇺🇸 USA |
 MDU Resources
MDU | 16.5 | -24.86% | 🇺🇸 USA |
 Clean Energy Fuels CLNE | -18.8 | -185.91% | 🇺🇸 USA |
 UGI Corporation
UGI | 32.5 | 48.48% | 🇺🇸 USA |
 Southwest Gas
SWX | -21.2 | -196.93% | 🇺🇸 USA |
 Pacific Gas and Electric
PCG | 157 | 618.55% | 🇺🇸 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.