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 |
|---|---|---|
| 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 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Alliant Energy LNT | 18.8 | 2.93% | 🇺🇸 USA |
 CMS Energy
CMS | 21.6 | 18.36% | 🇺🇸 USA |
 DTE Energy
DTE | 15.9 | -13.15% | 🇺🇸 USA |
 WEC Energy Group WEC | 19.0 | 4.19% | 🇺🇸 USA |
 Duke Energy DUK | 55.6 | 204.18% | 🇺🇸 USA |
 PPL PPL | 23.3 | 27.76% | 🇺🇸 USA |
 PNM Resources PNM | 16.2 | -11.55% | 🇺🇸 USA |
 Pacific Gas and Electric
PCG | 16.9 | -7.37% | 🇺🇸 USA |
 Idacorp IDA | 17.7 | -2.97% | 🇺🇸 USA |
 Avista
AVA | 16.7 | -8.33% | 🇺🇸 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.