P/E ratio for Xcel Energy (XEL)

P/E ratio history for Xcel Energy from 2001 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
Pacific Gas and Electric PCG	23.2	4.47%	🇺🇸 USA
WEC Energy Group WEC	22.9	3.42%	🇺🇸 USA
Duke Energy DUK	80.1	261.33%	🇺🇸 USA
Alliant Energy LNT	23.8	7.15%	🇺🇸 USA
PNM Resources PNM	23.3	5.27%	🇺🇸 USA
PPL PPL	30.9	39.27%	🇺🇸 USA
DTE Energy DTE	20.2	-8.90%	🇺🇸 USA
Avista AVA	17.4	-21.73%	🇺🇸 USA
CMS Energy CMS	27.0	21.85%	🇺🇸 USA
Idacorp IDA	22.0	-0.91%	🇺🇸 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.