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	25.9	-315.62%	🇺🇸 USA
Southern Company SO	31.4	-362.29%	🇺🇸 USA
OGE Energy OGE	20.4	-270.25%	🇺🇸 USA
AES AES	-16.4	36.60%	🇺🇸 USA
Duke Energy DUK	78.3	-752.68%	🇺🇸 USA
Exelon Corporation EXC	18.1	-250.59%	🇺🇸 USA
Nextera Energy NEE	20.2	-268.75%	🇺🇸 USA
Entergy ETR	21.3	-277.93%	🇺🇸 USA
Sempra Energy SRE	23.1	-292.50%	🇺🇸 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.