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	33.4	65.88%	🇺🇸 USA
Exelon Corporation EXC	20.4	1.22%	🇺🇸 USA
PPL PPL	30.9	53.20%	🇺🇸 USA
Dominion Energy D	20.8	3.13%	🇺🇸 USA
Duke Energy DUK	83.5	313.97%	🇺🇸 USA
Xcel Energy XEL	21.9	8.87%	🇺🇸 USA
FirstEnergy FE	43.3	114.62%	🇺🇸 USA
Entergy ETR	11.5	-42.82%	🇺🇸 USA
American Electric Power AEP	24.6	22.10%	🇺🇸 USA
Pacific Gas and Electric PCG	17.5	-13.37%	🇺🇸 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.