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	32.7	85.73%	🇺🇸 USA
Exelon Corporation EXC	21.8	24.14%	🇺🇸 USA
PPL PPL	31.8	81.09%	🇺🇸 USA
Dominion Energy D	19.6	11.46%	🇺🇸 USA
Duke Energy DUK	85.2	384.38%	🇺🇸 USA
Xcel Energy XEL	22.0	25.35%	🇺🇸 USA
FirstEnergy FE	45.1	156.64%	🇺🇸 USA
Entergy ETR	11.8	-33.00%	🇺🇸 USA
American Electric Power AEP	24.4	38.96%	🇺🇸 USA
Pacific Gas and Electric PCG	18.9	7.60%	🇺🇸 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.