MGEE Mge Energy PE ratio, current and historical analysis
As of Sep 11, 2024, the Mge Energy stock's PE ratio is 27.36. This results from the current EPS of $3.19 and stock price of $87.29. The P/E ratio has an increase of 21% from the past four quarters average of 22.6.
MGEE PE ratio history
The PE ratio of Mge Energy has averaged 24.75 over the last ten years. The current PE ratio of 27.36 is 11% above the historical average. Over the past ten years, MGEE's PE ratio was at its highest in the Sep 2019 quarter at 32.08, when the stock price was $79.87 and the EPS was $2.49. The lowest value was in the Sep 2014 quarter, when it reached 16.27 with a price of $37.26 and an EPS of $2.29.
Mge Energy PE ratio by year
Maximum annual increase: 32.99% in 2016
Maximum annual decrease: -25.28% in 2017
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 22.25 | -2.97% |
| 2022 | 22.93 | -18.6% |
| 2021 | 28.17 | 4.6% |
| 2020 | 26.93 | -14.24% |
| 2019 | 31.4 | 27.28% |
| 2018 | 24.67 | 10.23% |
| 2017 | 22.38 | -25.28% |
| 2016 | 29.95 | 32.99% |
| 2015 | 22.52 | 14.55% |
| 2014 | 19.66 | 10.39% |
MGEE average PE ratio chart
Currently, MGEE's PE ratio is above the 3, 5 and 10-year historical averages.
MGEE PE vs peers
MGEE's PE ratio is higher than its peer stocks AEP and XEL. Mge Energy is presently trading at a higher PE ratio (27.36) than its peer group average of 19.0.
| Stock name | PE ratio | Market cap |
|---|---|---|
| OTTR Otter Tail Corp | 10.12 | $3.16B |
| ALE Allete Inc | 16.56 | $3.68B |
| DTE Dte Energy Co | 18.54 | $25.75B |
| AEE Ameren Corp | 18.9 | $22.34B |
| XEL Xcel Energy Inc | 19.06 | $35.6B |
| AEP American Electric Power Co Inc | 20.53 | $54.83B |
| CMS Cms Energy Corp | 21.24 | $20.68B |
| WEC Wec Energy Group Inc | 21.99 | $30.09B |
| LNT Alliant Energy Corp | 24.08 | $15.13B |
| MGEE Mge Energy Inc | 27.36 | $3.16B |
Frequently asked questions
What is Mge Energy's PE ratio?
MGEE stock has a price to earnings ratio of 27.36 as of Sep 11, 2024.
What is the 3-year average PE ratio for Mge Energy (MGEE)?
The average PE ratio for MGEE stock over the past 3 years is 24.54.
What is the 5-year average PE ratio for Mge Energy (MGEE)?
The average PE ratio for MGEE stock over the past 5 years is 25.47.
What is the highest PE ratio for MGEE?
In the last ten years, the Sep 2019 quarter recorded the highest quarterly PE ratio at 32.08.
How does the current PE ratio for MGEE compare to its historical average?
MGEE's price to earnings ratio is currently 11% above its 10-year historical average.
How is MGEE's PE ratio calculated (Mge Energy PE ratio formula)?
The PE ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (Sep 11, 2024), Mge Energy's stock price is $87.29. The earnings per share for the trailing twelve months (TTM) ending Jun 2024 is $3.19. Therefore, Mge Energy's P/E ratio for today is 27.36. PE RATIO(27.36) = STOCK PRICE($87.29) / TTM EPS($3.19)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.