P/E ratio for Excelerate Energy (EE)

P/E ratio history for Excelerate Energy from 2022 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
PNM Resources PNM	23.3	-18.57%	🇺🇸 USA
Entergy ETR	11.6	-59.42%	🇺🇸 USA
Edison International EIX	16.8	-41.42%	🇺🇸 USA
Nextera Energy NEE	18.9	-34.15%	🇺🇸 USA
Dominion Energy D	20.5	-28.39%	🇺🇸 USA
OGE Energy OGE	20.4	-28.67%	🇺🇸 USA
Xcel Energy XEL	21.2	-26.17%	🇺🇸 USA
Exelon Corporation EXC	18.7	-34.88%	🇺🇸 USA
American Electric Power AEP	22.5	-21.54%	🇺🇸 USA
NRG Energy NRG	-13.6	-147.58%	🇺🇸 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.