MGEE
Mge Energy
PE ratio, current and historical analysis
- Stocks
- Utilities
- NASDAQ: MGEE
- PE Ratio
As of Jul 31, 2026, the Mge Energy stock's PE ratio is 20.34. This results from the current EPS of $3.91 and stock price of $79.53. The P/E ratio has a decrease of 8% from the past four quarters average of 22.0.
MGEE PE ratio history
The PE ratio of Mge Energy has averaged 25.39 over the last ten years. The current PE ratio of 20.34 is 20% below 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 Mar 2018 quarter, when it reached 19.68 with a price of $56.1 and an EPS of $2.85.
Mge Energy PE ratio by year
Maximum annual increase: 32.99% in 2016
Maximum annual decrease: -25.3% in 2025
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 21.08 | -25.3% | $78.42 | $3.72 |
| 2024 | 28.22 | 26.83% | $93.96 | $3.33 |
| 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 |
Mge Energy PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2026 | 19.77 | -6.21% | $77.29 | $3.91 |
| Dec 2025 | 21.08 | -7.34% | $78.42 | $3.72 |
| Sep 2025 | 22.75 | -7.14% | $84.18 | $3.7 |
| Jun 2025 | 24.5 | -6.7% | $88.44 | $3.61 |
| Mar 2025 | 26.26 | -6.95% | $92.96 | $3.54 |
| Dec 2024 | 28.22 | 0.89% | $93.96 | $3.33 |
| 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 |
MGEE Price vs fair value
MGEE average PE ratio chart
What this chart measures
The Historical Valuation Regime chart shows where the stock's current valuation sits relative to its own historical valuation range over the selected lookback period.
This is a history-relative tool, not a market-relative percentile. It does not compare the stock to other companies. Instead, it compares each historical valuation reading to the stock's own past readings.
Percentile logic
The threshold lines are calculated them from the stock's real historical values using percentile interpolation. That is why some colored bands are narrow while others are wide: the band widths reflect how the stock actually traded through time.
Regime map
| Historical percentile | Regime | Chart meaning |
|---|---|---|
| 0-10 | Historically Low | Deep cheap zone |
| >10-25 | Below Average | Cheap relative to history |
| >25-75 | Average | Within the normal historical range |
| >75-90 | Above Average | Expensive relative to history |
| >90-100 | Historically High | Extreme or stretched valuation |
How to read each part
| Chart element | What it tells you |
|---|---|
| Main line | The actual historical valuation values over time for the selected metric. |
| Dashed horizontal lines | The stock's computed P10, P25, Median, P75, and P90 thresholds for the selected period. |
| Colored bands | The historical valuation zones between those thresholds. |
| Metric boxes | Current ratio, historical median, current percentile, and current regime. |
| Timeline strip | A condensed regime history showing how the stock moved between cheap, fair, and expensive states across each observation. |
Important metric definitions
Current Percentile is the percentile rank of the latest valid historical observation within the selected lookback range.
Current Regime is assigned directly from the latest observation's percentile bucket using the fixed 10 / 25 / 75 / 90 cutoffs shown above.
How to use it well
This chart is most useful for answering a narrow question: Is this stock trading high, low, or normal relative to its own history? It works best alongside growth, profitability, and forward-looking business analysis, because a stock can deserve a higher or lower regime if its business quality has changed.
Currently, MGEE's PE ratio is below the 3, 5 and 10-year averages.
PE comparison
With a P/E of 20.34, MGEE is above the Utilities sector average but below the industry and its peers average. But compared to its Utilities sector average of 20.05, Mge Energy's P/E is only 1.4% higher.
MGEE PE vs peers
MGEE's PE ratio is lower than its peer stocks AEP and XEL, but it is greater than AEE's and OTTR's. Mge Energy's current PE ratio of 20.34 is comparable to the average of its peer group, which is 20.49.
| Stock name | PE ratio | Market cap |
|---|---|---|
| OTTR Otter Tail Corporation | 13.53 | $3.8B |
| AEE Ameren Corp | 19.47 | $30.17B |
| MGEE Mge Energy Inc | 20.43 | $2.94B |
| XEL Xcel Energy Inc | 21.22 | $48.65B |
| CMS CMS Energy Corporation | 21.48 | $22.5B |
| WEC WEC Energy Group Inc | 21.62 | $35.57B |
| AEP American Electric Power Company Inc | 21.91 | $69.54B |
| DTE DTE Energy Company | 22.27 | $29.38B |
| LNT Alliant Energy Corp | 22.31 | $18.34B |
Frequently asked questions
What is Mge Energy's PE ratio?
MGEE stock has a price to earnings ratio of 20.34 as of Jul 31, 2026.
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 23.71.
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 24.48.
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 20% below 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 (Jul 31, 2026), Mge Energy's stock price is $79.53. The earnings per share for the trailing twelve months (TTM) ending Mar 2026 is $3.91. Therefore, Mge Energy's P/E ratio for today is 20.34. PE RATIO(20.34) = STOCK PRICE($79.53) / TTM EPS($3.91)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.