P/E ratio for Nextera Energy (NEE)

P/E ratio history for Nextera 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
Southern Company SO	32.2	67.48%	🇺🇸 USA
Exelon Corporation EXC	20.3	5.29%	🇺🇸 USA
PPL PPL	30.8	59.82%	🇺🇸 USA
Dominion Energy D	19.9	3.31%	🇺🇸 USA
Duke Energy DUK	83.2	332.43%	🇺🇸 USA
Xcel Energy XEL	21.7	12.88%	🇺🇸 USA
FirstEnergy FE	43.0	123.42%	🇺🇸 USA
Entergy ETR	11.9	-38.35%	🇺🇸 USA
American Electric Power AEP	23.9	24.19%	🇺🇸 USA
Pacific Gas and Electric PCG	18.0	-6.50%	🇺🇸 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.