Xcel Energy
XEL
#534
Rank
$31.83 B
Marketcap
$57.72
Share price
-2.98%
Change (1 day)
-17.48%
Change (1 year)

P/E ratio for Xcel Energy (XEL)

P/E ratio as of September 2023 (TTM): 18.3

According to Xcel Energy's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 18.2658. At the end of 2021 the company had a P/E ratio of 22.9.

P/E ratio history for Xcel Energy from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202122.9-4.29%
202023.9-0.26%
201924.020.11%
201819.9-6.3%
201721.315.59%
201618.4-0.51%
201518.54.61%
201417.720.96%
201314.62.41%
201214.3-10.6%
201116.0

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
18.8 2.93%๐Ÿ‡บ๐Ÿ‡ธ USA
21.6 18.36%๐Ÿ‡บ๐Ÿ‡ธ USA
15.9-13.15%๐Ÿ‡บ๐Ÿ‡ธ USA
19.0 4.19%๐Ÿ‡บ๐Ÿ‡ธ USA
55.6 204.18%๐Ÿ‡บ๐Ÿ‡ธ USA
23.3 27.76%๐Ÿ‡บ๐Ÿ‡ธ USA
16.2-11.55%๐Ÿ‡บ๐Ÿ‡ธ USA
16.9-7.37%๐Ÿ‡บ๐Ÿ‡ธ USA
17.7-2.97%๐Ÿ‡บ๐Ÿ‡ธ USA
16.7-8.33%๐Ÿ‡บ๐Ÿ‡ธ 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.