P/E ratio for Duke Energy (DUK)

P/E ratio history for Duke 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
Xcel Energy XEL	21.4	-71.80%	🇺🇸 USA
Southern Company SO	29.6	-60.93%	🇺🇸 USA
American Electric Power AEP	21.1	-72.16%	🇺🇸 USA
Dominion Energy D	19.8	-73.89%	🇺🇸 USA
PPL PPL	29.2	-61.53%	🇺🇸 USA
FirstEnergy FE	43.6	-42.57%	🇺🇸 USA
Pacific Gas and Electric PCG	22.1	-70.87%	🇺🇸 USA
Ameren AEE	20.9	-72.46%	🇺🇸 USA
Nextera Energy NEE	19.0	-74.96%	🇺🇸 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.