P/E ratio for Xcel Energy (XEL)

P/E ratio history for Xcel 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
Pacific Gas and Electric PCG	16.9	-22.55%	🇺🇸 USA
WEC Energy Group WEC	23.8	9.20%	🇺🇸 USA
Duke Energy DUK	78.9	261.93%	🇺🇸 USA
Alliant Energy LNT	23.5	7.55%	🇺🇸 USA
PNM Resources PNM	23.3	7.02%	🇺🇸 USA
PPL PPL	30.7	40.94%	🇺🇸 USA
DTE Energy DTE	21.3	-2.17%	🇺🇸 USA
Avista AVA	16.7	-23.62%	🇺🇸 USA
CMS Energy CMS	27.2	24.88%	🇺🇸 USA
Idacorp IDA	20.5	-5.89%	🇺🇸 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.