As of Nov 11, 2026, XEL's PE to growth ratio of 0.6 reflects its valuation relative to its growth. This value reflects a P/E ratio of 18.77 measured against EPS growth of 31.3%.
Xcel Energy's ten years historical PEG ratio has a mean of 5.7. Compared to historical data, XEL's 0.6 PEG ratio represents a decrease of 89%. XEL reached its maximum PEG ratio of 30.35 during the Jun 2019 quarter over the past ten years. The Sep 2026 quarter had the bottom reading at 0.52, indicating the most optimal growth-adjusted valuation.
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| 2025 | N/A | 21.47 | 0% |
| 2024 | 2.73 | 19.63 | 7.2% |
| 2023 | 21.43 | 19.29 | 0.9% |
| 2022 | 2.98 | 22.05 | 7.4% |
| 2021 | 3.75 | 22.87 | 6.1% |
| 2020 | 4.19 | 23.9 | 5.7% |
| 2019 | 3.49 | 24.05 | 6.9% |
| 2018 | 2.15 | 19.95 | 9.3% |
| 2017 | 9.26 | 21.29 | 2.3% |
| 2016 | 1.33 | 18.42 | 13.9% |
| 2015 | N/A | 18.51 | -4.4% |
| 2014 | 2.81 | 17.69 | 6.3% |
| 2013 | 5.42 | 14.63 | 2.7% |
| 2012 | 1.77 | 14.36 | 8.1% |
| 2011 | 2.92 | 16.07 | 5.5% |
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| Sep 2026 | 0.52 | 16.31 | 31.3% |
| Jun 2026 | 15.63 | 21.88 | 1.4% |
| Mar 2026 | 8.75 | 22.76 | 2.6% |
| Dec 2025 | N/A | 21.47 | 0% |
| Sep 2025 | N/A | 24.51 | -2.4% |
| Jun 2025 | 2.32 | 18.81 | 8.1% |
| Mar 2025 | 9.91 | 20.82 | 2.1% |
| Dec 2024 | 2.73 | 19.63 | 7.2% |
| Sep 2024 | 3.08 | 19.38 | 6.3% |
| Jun 2024 | 2.8 | 15.94 | 5.7% |
| Mar 2024 | 6.46 | 16.14 | 2.5% |
| Dec 2023 | 21.43 | 19.29 | 0.9% |
| Sep 2023 | 5.47 | 18.05 | 3.3% |
| Jun 2023 | 3.7 | 19.61 | 5.3% |
| Mar 2023 | 2.39 | 20.75 | 8.7% |
XEL's PEG ratio today is lower than the 3, 5 and 10-year averages.
Xcel Energy's PEG of 0.6 is below the Utilities sector, the industry and its peers average. Looking at its Utilities sector average of 1.45, Xcel Energy's PEG is 59% lower.
Relative to its peers, XEL's PEG ratio is lower than DUK's and WEC's but above AVA's. Xcel Energy's PEG ratio of 0.6 is below the peer average of 1.83.
According to Nov 11, 2026 data, XEL's PEG ratio sits at 0.6.
Historical data over a 3-year period places XEL's average PEG ratio at 7.36.
Historical data over a 5-year period places XEL's average PEG ratio at 6.31.
XEL's PEG ratio peaked at 30.35 during the Jun 2019 quarter - the highest in ten years.
Currently, XEL's PEG ratio is 89% lower than its 10-year historical average.
To calculate the PEG ratio, take the company's PE ratio and divide by its earnings per share growth (YoY TTM). As of Nov 11, 2026, Xcel Energy has a P/E ratio of 18.77. Earnings grew at 31.3% over the TTM period ending Sep 2026. Applying the formula, this gives a price to earnings growth ratio of 0.6. PEG RATIO(0.6) = PE RATIO(18.77) / EPS GROWTH(31.3%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.