P/E ratio for NorthWestern Corporation (NWE)

P/E ratio history for NorthWestern Corporation from 2007 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
MDU Resources MDU	15.3	-18.64%	🇺🇸 USA
Pacific Gas and Electric PCG	22.0	16.70%	🇺🇸 USA
Avista AVA	17.3	-8.41%	🇺🇸 USA
NiSource NI	21.0	11.55%	🇺🇸 USA
PNM Resources PNM	23.3	23.81%	🇺🇸 USA
Idacorp IDA	19.0	0.91%	🇺🇸 USA
Exelon Corporation EXC	18.8	-0.11%	🇺🇸 USA
Black Hills BKH	15.7	-16.55%	🇺🇸 USA
CenterPoint Energy CNP	22.2	17.94%	🇺🇸 USA
Ameren AEE	20.0	6.08%	🇺🇸 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.