P/E ratio for Xcel Energy (XEL)
P/E ratio as of April 2024 (TTM): 17.0
According to Xcel Energy's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 17.0127. At the end of 2022 the company had a P/E ratio of 22.0.
P/E ratio history for Xcel Energy from 2001 to 2023
PE ratio at the end of each year
| 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 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Alliant Energy LNT | 18.6 | 9.57% | 🇺🇸 USA |
 CMS Energy
CMS | 23.1 | 35.51% | 🇺🇸 USA |
 DTE Energy
DTE | 17.6 | 3.45% | 🇺🇸 USA |
 WEC Energy Group WEC | 18.6 | 9.20% | 🇺🇸 USA |
 Duke Energy DUK | 67.6 | 297.09% | 🇺🇸 USA |
 PPL PPL | 24.0 | 40.97% | 🇺🇸 USA |
 PNM Resources PNM | 20.2 | 18.61% | 🇺🇸 USA |
 Pacific Gas and Electric
PCG | 18.2 | 6.71% | 🇺🇸 USA |
 Idacorp IDA | 17.2 | 1.01% | 🇺🇸 USA |
 Avista
AVA | 15.5 | -9.02% | 🇺🇸 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.