The current PE ratio for Avangrid stock as of Apr 26, 2024 is 15.75. This is calculated based on the current EPS of $2.31 and the stock price of $36.38 per share. The P/E ratio has a decrease of 20% from the past four quarters average of 19.7.
The average historical PE ratio of Avangrid for the last nine years is 25.22. The current PE ratio of 15.75 is 38% 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 Mar 2024 quarter, when it reached 15.77 with a price of $36.44 and an EPS of $2.31.
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 stock MGEE, AGR's PE ratio stands lower.
| Stock name | PE ratio | Market cap |
|---|---|---|
| AGR Avangrid Inc | 15.75 | $14.08B |
| MGEE Mge Energy Inc | 23.88 | $2.81B |
| NPWR NET Power Inc | N/A | $2.4B |
| NRG Nrg Energy Inc | N/A | $15.15B |
AGR stock has a price to earnings ratio of 15.75 as of Apr 26, 2024.
The average PE ratio for AGR stock over the past 3 years is 20.93.
The average PE ratio for AGR stock over the past 5 years is 22.09.
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 38% 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 (Apr 26, 2024), Avangrid's stock price is $36.38. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $2.31. Therefore, Avangrid's P/E ratio for today is 15.75. PE RATIO(15.75) = STOCK PRICE($36.38) / TTM EPS($2.31)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.