As of Jul 25, 2024, the Mge Energy stock's PE ratio is 25.91. This results from the current EPS of $3.32 and stock price of $86.01. The P/E ratio has an increase of 13% from the past four quarters average of 23.0.
The PE ratio of Mge Energy has averaged 24.79 over the last ten years. The current PE ratio of 25.91 is 4.5% 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.
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% |
Currently, MGEE's PE ratio is above the 3, 5 and 10-year historical averages.
MGEE's PE ratio is higher than its peer stocks AEP and XEL. Mge Energy is presently trading at a higher PE ratio (25.91) than its peer group average of 17.6.
| Stock name | PE ratio | Market cap |
|---|---|---|
| OTTR Otter Tail Corp | 13.67 | $4.2B |
| ALE Allete Inc | 15.44 | $3.72B |
| XEL Xcel Energy Inc | 17.23 | $31.87B |
| DTE Dte Energy Co | 17.61 | $24.47B |
| AEP American Electric Power Co Inc | 17.89 | $50.84B |
| AEE Ameren Corp | 17.9 | $20.81B |
| WEC Wec Energy Group Inc | 18.28 | $26.44B |
| CMS Cms Energy Corp | 19.31 | $18.81B |
| LNT Alliant Energy Corp | 20.37 | $14.36B |
| MGEE Mge Energy Inc | 26.04 | $3.13B |
MGEE stock has a price to earnings ratio of 25.91 as of Jul 25, 2024.
The average PE ratio for MGEE stock over the past 3 years is 24.65.
The average PE ratio for MGEE stock over the past 5 years is 25.58.
In the last ten years, the Sep 2019 quarter recorded the highest quarterly PE ratio at 32.08.
MGEE's price to earnings ratio is currently 4.5% above its 10-year historical average.
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 25, 2024), Mge Energy's stock price is $86.01. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $3.32. Therefore, Mge Energy's P/E ratio for today is 25.91. PE RATIO(25.91) = STOCK PRICE($86.01) / TTM EPS($3.32)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.