As at May 2, 2024, the XEL stock has a PE ratio of 16.15. This is based on the current EPS of $3.33 and the stock price of $53.79 per share. A decrease of 12% has been seen in the P/E ratio compared to the average of 18.3 of the last 4 quarters.
The mean historical PE ratio of Xcel Energy over the last ten years is 20.69. The current 16.15 PE ratio is 22% below the historical average. Over the past ten years, XEL's PE ratio was at its highest in the Sep 2019 quarter at 25.85, with a price of $64.89 and an EPS of $2.51. The Sep 2014 quarter recorded the bottom point at 15.67, with a price of $30.4 and an EPS of $1.94.
Maximum annual increase: 20.92% in 2014
Maximum annual decrease: -12.52% in 2023
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 19.29 | -12.52% |
| 2022 | 22.05 | -3.59% |
| 2021 | 22.87 | -4.31% |
| 2020 | 23.9 | -0.62% |
| 2019 | 24.05 | 20.55% |
| 2018 | 19.95 | -6.29% |
| 2017 | 21.29 | 15.58% |
| 2016 | 18.42 | -0.49% |
| 2015 | 18.51 | 4.64% |
| 2014 | 17.69 | 20.92% |
XEL's current P/E ratio is below the 3, 5 and 10-year averages.
Compared to its peers DUK and WEC, XEL's PE ratio stands lower, however it is higher than PCG's and AVA's. Xcel Energy's PE ratio is trading below the peer group average of 19.91.
| Stock name | PE ratio | Market cap |
|---|---|---|
| PCG PG&E Corp | 15.39 | $45.89B |
| AVA Avista Corp | 15.42 | $2.92B |
| XEL Xcel Energy Inc | 16.21 | $30B |
| LNT Alliant Energy Corp | 18.27 | $13.01B |
| DTE Dte Energy Co | 18.33 | $23.22B |
| CMS Cms Energy Corp | 18.73 | $18.35B |
| IDA Idacorp Inc | 19.16 | $4.86B |
| WEC Wec Energy Group Inc | 19.63 | $26.14B |
| PPL PPL Corp | 27.13 | $20.61B |
| DUK Duke Energy CORP | 28.22 | $77B |
| PNM Pnm Resources Inc | 37.13 | $3.42B |
The price to earnings ratio for XEL stock as of May 2, 2024, stands at 16.15.
The average PE ratio for XEL stock over the past 3 years is 20.92.
The average PE ratio for XEL stock over the past 5 years is 22.17.
The highest quarterly PE ratio in the last ten years has been 25.85 and it was in the Sep 2019 quarter.
XEL's current price to earnings ratio is 22% below its 10-year historical average.
The PE ratio is calculated by dividing the most recent price of a stock by its trailing twelve months EPS. As of today (May 2, 2024), Xcel Energy's stock price is $53.79. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $3.33. Therefore, Xcel Energy's P/E ratio for today is 16.15. PE RATIO(16.15) = STOCK PRICE($53.79) / TTM EPS($3.33)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.