As at Nov 29, 2023, the XEL stock has a PE ratio of 18.93. This is based on the current EPS of $3.17 and the stock price of $60 per share. A decrease of 6% has been seen in the P/E ratio compared to the average of 20.1 of the last 4 quarters.
The mean historical PE ratio of Xcel Energy over the last ten years is 20.56. The current 18.93 PE ratio is 8% 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 Dec 2013 quarter recorded the bottom point at 14.63, with a price of $27.94 and an EPS of $1.91.
Maximum annual increase: 20.92% in 2014
Maximum annual decrease: -6.29% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 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% |
| 2013 | 14.63 | 1.88% |
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 DTE's. Xcel Energy's PE ratio is trading below the peer group average of 19.52.
| Stock name | PE ratio | Market cap |
|---|---|---|
| AVA Avista Corp | 15.28 | $2.63B |
| DTE Dte Energy Co | 17.21 | $21.48B |
| IDA Idacorp Inc | 17.8 | $4.84B |
| LNT Alliant Energy Corp | 18.29 | $12.74B |
| PCG PG&E Corp | 18.87 | $44.84B |
| XEL Xcel Energy Inc | 18.93 | $33.11B |
| WEC Wec Energy Group Inc | 19.16 | $26.17B |
| CMS Cms Energy Corp | 22.34 | $16.56B |
| PNM Pnm Resources Inc | 23.27 | $3.58B |
| PPL PPL Corp | 23.45 | $19.19B |
| DUK Duke Energy CORP | 63.88 | $69.91B |
The price to earnings ratio for XEL stock as of Nov 29, 2023, stands at 18.93.
The average PE ratio for XEL stock over the past 3 years is 21.87.
The average PE ratio for XEL stock over the past 5 years is 22.52.
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 8% 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 (Nov 29, 2023), Xcel Energy's stock price is $60. The earnings per share for the trailing twelve months (TTM) ending Sep 2023 is $3.17. Therefore, Xcel Energy's P/E ratio for today is 18.93. PE RATIO(18.93) = STOCK PRICE($60) / TTM EPS($3.17)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.