P/E ratio for WEC Energy Group (WEC)

P/E ratio history for WEC Energy Group 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
Alliant Energy LNT	22.0	-2.20%	🇺🇸 USA
CMS Energy CMS	26.5	17.63%	🇺🇸 USA
Ameren AEE	21.0	-6.72%	🇺🇸 USA
DTE Energy DTE	19.5	-13.61%	🇺🇸 USA
Duke Energy DUK	79.7	253.80%	🇺🇸 USA
Pacific Gas and Electric PCG	22.6	0.32%	🇺🇸 USA
Xcel Energy XEL	21.3	-5.41%	🇺🇸 USA
Avista AVA	16.8	-25.41%	🇺🇸 USA
MGE Energy MGEE	31.0	37.33%	🇺🇸 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.