NWE
NorthWestern Energy Group
PE ratio, current and historical analysis
- Stocks
- Utilities
- NASDAQ: NWE
- PE Ratio
As of Aug 1, 2026, the NorthWestern Energy Group stock's PE ratio is 24.64. This results from the current EPS of $2.79 and stock price of $68.74. The P/E ratio has an increase of 12% from the past four quarters average of 22.1.
NWE PE ratio history
The PE ratio of NorthWestern Energy Group has averaged 17.16 over the last ten years. The current PE ratio of 24.64 is 44% above the historical average. Over the past ten years, NWE's PE ratio was at its highest in the Jun 2026 quarter at 25.67, when the stock price was $71.62 and the EPS was $2.79. The lowest value was in the Jun 2025 quarter, when it reached 13.94 with a price of $51.3 and an EPS of $3.68.
NorthWestern Energy Group PE ratio by year
Maximum annual increase: 49.76% in 2025
Maximum annual decrease: -16.64% in 2021
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 21.88 | 49.76% | $64.54 | $2.95 |
| 2024 | 14.61 | -7.53% | $53.46 | $3.66 |
| 2023 | 15.8 | -12.66% | $50.89 | $3.22 |
| 2022 | 18.09 | 14.28% | $59.34 | $3.28 |
| 2021 | 15.83 | -16.64% | $57.16 | $3.61 |
| 2020 | 18.99 | 6.27% | $58.31 | $3.07 |
| 2019 | 17.87 | 18.42% | $71.67 | $4.01 |
| 2018 | 15.09 | -15.32% | $59.44 | $3.94 |
| 2017 | 17.82 | 6.52% | $59.7 | $3.35 |
| 2016 | 16.73 | -1.3% | $56.87 | $3.4 |
| 2015 | 16.95 | -9.84% | $54.25 | $3.2 |
| 2014 | 18.8 | 6.76% | $56.58 | $3.01 |
| 2013 | 17.61 | 35.36% | $43.32 | $2.46 |
| 2012 | 13.01 | -7.34% | $34.73 | $2.67 |
| 2011 | 14.04 | 4.23% | $35.79 | $2.55 |
NorthWestern Energy Group PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Jun 2026 | 25.67 | 6.29% | $71.62 | $2.79 |
| Mar 2026 | 24.15 | 10.37% | $65.94 | $2.73 |
| Dec 2025 | 21.88 | 32.13% | $64.54 | $2.95 |
| Sep 2025 | 16.56 | 18.79% | $58.61 | $3.54 |
| Jun 2025 | 13.94 | -7.25% | $51.3 | $3.68 |
| Mar 2025 | 15.03 | 2.87% | $57.87 | $3.85 |
| Dec 2024 | 14.61 | -5.25% | $53.46 | $3.66 |
| Sep 2024 | 15.42 | 5.62% | $57.22 | $3.71 |
| Jun 2024 | 14.6 | -7.42% | $50.08 | $3.43 |
| Mar 2024 | 15.77 | -0.19% | $50.93 | $3.23 |
| Dec 2023 | 15.8 | -1.06% | $50.89 | $3.22 |
| Sep 2023 | 15.97 | -15.32% | $48.06 | $3.01 |
| Jun 2023 | 18.86 | 5.6% | $56.76 | $3.01 |
| Mar 2023 | 17.86 | -1.27% | $57.86 | $3.24 |
| Dec 2022 | 18.09 | 13.06% | $59.34 | $3.28 |
NWE Price vs fair value
NWE 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.
The current PE ratio of NWE is greater than its 3, 5 and 10-year historical averages.
PE comparison
With a P/E of 24.64, NWE is above the Utilities sector, the industry and its peers average. Compared to its Utilities sector average of 20.05, NorthWestern Energy Group's P/E is 23% higher.
NWE PE vs peers
NWE's PE ratio is lower than its peer stock CNP, but it is greater than XEL's and EXC's. NorthWestern Energy Group's current PE ratio of 24.64 is above the average of its peers, which is 19.62.
| Stock name | PE ratio | Market cap |
|---|---|---|
| PCG PG&E Corp | 12.45 | $46.03B |
| AVA Avista Corp | 15.65 | $3.25B |
| EXC Exelon Corp | 16.69 | $47.36B |
| BKH Black Hills Corporation | 18.6 | $5.48B |
| AEE Ameren Corp | 19.6 | $30.38B |
| XEL Xcel Energy Inc | 21.3 | $48.83B |
| MDU MDU Resources Group Inc | 21.73 | $4.18B |
| NI NiSource Inc | 22.18 | $21.48B |
| IDA Idacorp Inc | 23.39 | $8.35B |
| CNP Centerpoint Energy Inc | 24.79 | $27.77B |
| NWE NorthWestern Energy Group Inc | 24.9 | $4.27B |
Frequently asked questions
What is NorthWestern Energy Group's PE ratio?
As of Aug 1, 2026, NWE stock has a price to earnings ratio of 24.64.
What is the 3-year average PE ratio for NorthWestern Energy Group (NWE)?
Over the last 3 years, the average price to earnings ratio for NWE stock is 17.45.
What is the 5-year average PE ratio for NorthWestern Energy Group (NWE)?
Over the last 5 years, the average price to earnings ratio for NWE stock is 17.35.
What is the highest PE ratio for NWE?
Over the last ten years, the quarterly PE ratio reached a historic high of 25.67 in the Jun 2026 quarter.
How does the current PE ratio for NWE compare to its historical average?
NWE's price to earnings ratio is currently 44% above its 10-year historical average.
How is NWE's PE ratio calculated (NorthWestern Energy Group 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 (Aug 1, 2026), NorthWestern Energy Group's stock price is $68.74. The earnings per share for the trailing twelve months (TTM) ending Jun 2026 is $2.79. Therefore, NorthWestern Energy Group's P/E ratio for today is 24.64. PE RATIO(24.64) = STOCK PRICE($68.74) / TTM EPS($2.79)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.