The current PE ratio for Avangrid stock as of Jul 25, 2024 is 14.04. This is calculated based on the current EPS of $2.53 and the stock price of $35.52 per share. The P/E ratio has a decrease of 17% from the past four quarters average of 16.9.
The average historical PE ratio of Avangrid for the last nine years is 24.9. The current PE ratio of 14.04 is 44% below the historical average. Over the past nine years, AGR's PE ratio was at its highest in the Jun 2018 quarter at 43.74, when the stock price was $52.93 and the EPS was $1.21. The lowest value was in the Jun 2024 quarter, when it reached 14.04 with a price of $35.53 and an EPS of $2.53.
Maximum annual increase: 121.43% in 2017
Maximum annual decrease: -48.26% in 2016
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 15.97 | -15.28% |
| 2022 | 18.85 | -25.55% |
| 2021 | 25.32 | 4.71% |
| 2020 | 24.18 | 2.07% |
| 2019 | 23.69 | -10.13% |
| 2018 | 26.36 | -35.89% |
| 2017 | 41.12 | 121.43% |
| 2016 | 18.57 | -48.26% |
| 2015 | 35.89 | N/A |
| 2014 | N/A | N/A |
AGR's current P/E ratio is below the 3 and 5-year averages.
Compared to its peer MGEE, AGR's PE ratio stands lower, however it is higher than NRG's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| NRG Nrg Energy Inc | 10.44 | $15.37B |
| AGR Avangrid Inc | 14.03 | $13.74B |
| MGEE Mge Energy Inc | 26 | $3.12B |
| NPWR NET Power Inc | N/A | $2.05B |
AGR stock has a price to earnings ratio of 14.04 as of Jul 25, 2024.
The average PE ratio for AGR stock over the past 3 years is 20.13.
The average PE ratio for AGR stock over the past 5 years is 21.4.
Over the last nine years, the quarterly PE ratio reached a historic high of 43.74 in the Jun 2018 quarter.
The current price to earnings ratio of AGR is 44% lower than the 9-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 (Jul 25, 2024), Avangrid's stock price is $35.52. The earnings per share for the trailing twelve months (TTM) ending Jun 2024 is $2.53. Therefore, Avangrid's P/E ratio for today is 14.04. PE RATIO(14.04) = STOCK PRICE($35.52) / TTM EPS($2.53)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.