MGEE Mge Energy PE ratio, current and historical analysis
As of Feb 21, 2025, the Mge Energy stock's PE ratio is 28.19. This results from the current EPS of $3.27 and stock price of $92.19. The P/E ratio has an increase of 16% from the past four quarters average of 24.3.
MGEE PE ratio history
The PE ratio of Mge Energy has averaged 25.18 over the last ten years. The current PE ratio of 28.19 is 12% 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 2015 quarter, when it reached 18.9 with a price of $41.2 and an EPS of $2.18.
Mge Energy PE ratio by year
Maximum annual increase: 32.99% in 2016
Maximum annual decrease: -25.28% in 2017
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2023 | 22.25 | -2.97% | $72.31 | $3.25 |
| 2022 | 22.93 | -18.6% | $70.4 | $3.07 |
| 2021 | 28.17 | 4.6% | $82.25 | $2.92 |
| 2020 | 26.93 | -14.24% | $70.03 | $2.6 |
| 2019 | 31.4 | 27.28% | $78.82 | $2.51 |
| 2018 | 24.67 | 10.23% | $59.96 | $2.43 |
| 2017 | 22.38 | -25.28% | $63.1 | $2.82 |
| 2016 | 29.95 | 32.99% | $65.3 | $2.18 |
| 2015 | 22.52 | 14.55% | $46.4 | $2.06 |
| 2014 | 19.66 | 10.39% | $45.61 | $2.32 |
| 2013 | 17.81 | -2.46% | $38.48 | $2.16 |
| 2012 | 18.26 | 3.05% | $33.97 | $1.86 |
| 2011 | 17.72 | 3.81% | $31.18 | $1.76 |
| 2010 | 17.07 | 5.31% | $28.51 | $1.67 |
| 2009 | 16.21 | 17.12% | $23.83 | $1.47 |
Mge Energy PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Sep 2024 | 27.97 | 19.43% | $91.45 | $3.27 |
| Jun 2024 | 23.42 | -1.22% | $74.72 | $3.19 |
| Mar 2024 | 23.71 | 6.56% | $78.72 | $3.32 |
| Dec 2023 | 22.25 | 6.51% | $72.31 | $3.25 |
| Sep 2023 | 20.89 | -16.54% | $68.51 | $3.28 |
| Jun 2023 | 25.03 | -4.28% | $79.11 | $3.16 |
| Mar 2023 | 26.15 | 14.04% | $77.67 | $2.97 |
| Dec 2022 | 22.93 | -0.78% | $70.4 | $3.07 |
| Sep 2022 | 23.11 | -14.47% | $65.63 | $2.84 |
| Jun 2022 | 27.02 | -1.46% | $77.83 | $2.88 |
| Mar 2022 | 27.42 | -2.66% | $79.79 | $2.91 |
| Dec 2021 | 28.17 | 15.36% | $82.25 | $2.92 |
| Sep 2021 | 24.42 | -4.2% | $73.5 | $3.01 |
| Jun 2021 | 25.49 | 0.67% | $74.44 | $2.92 |
| Mar 2021 | 25.32 | -5.98% | $71.39 | $2.82 |
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 (28.19) than its peer group average of 20.1.
| Stock name | PE ratio | Market cap |
|---|---|---|
| OTTR Otter Tail Corp | 11.28 | $3.41B |
| AEP American Electric Power Co Inc | 18.81 | $56.13B |
| DTE Dte Energy Co | 19.47 | $27.35B |
| XEL Xcel Energy Inc | 20.75 | $40.16B |
| ALE Allete Inc | 21.06 | $3.79B |
| CMS Cms Energy Corp | 21.4 | $21.36B |
| WEC Wec Energy Group Inc | 21.54 | $33.06B |
| AEE Ameren Corp | 22.24 | $26.6B |
| LNT Alliant Energy Corp | 24.34 | $16.12B |
| MGEE Mge Energy Inc | 28.19 | $3.34B |
Frequently asked questions
What is Mge Energy's PE ratio?
MGEE stock has a price to earnings ratio of 28.19 as of Feb 21, 2025.
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 24.95.
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 12% 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 (Feb 21, 2025), Mge Energy's stock price is $92.19. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $3.27. Therefore, Mge Energy's P/E ratio for today is 28.19. PE RATIO(28.19) = STOCK PRICE($92.19) / TTM EPS($3.27)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.