CWEN
Clearway Energy
PE ratio, current and historical analysis
- Stocks
- Utilities
- NYSE: CWEN
- PE Ratio
As of Jul 20, 2026, the Clearway Energy stock's PE ratio is 833.25. This results from the current EPS of $0.04 and stock price of $33.33. The P/E ratio has an increase of 211% from the past four quarters average of 267.8.
CWEN PE ratio history
The PE ratio of Clearway Energy has averaged 95.48 over the last ten years. The current PE ratio of 833.25 is 773% above the historical average. Over the past ten years, CWEN's PE ratio was at its highest in the Mar 2026 quarter at 982.25, when the stock price was $39.29 and the EPS was $0.04. The lowest value was in the Mar 2023 quarter, when it reached 5.94 with a price of $31.33 and an EPS of $5.27.
Clearway Energy PE ratio by year
Maximum annual increase: 540.69% in 2023
Maximum annual decrease: -92.2% in 2022
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 23.26 | -32.91% | $33.26 | $1.43 |
| 2024 | 34.67 | -15.32% | $26 | $0.75 |
| 2023 | 40.94 | 540.69% | $27.43 | $0.67 |
| 2022 | 6.39 | -92.2% | $31.87 | $4.99 |
| 2021 | 81.89 | -43.58% | $36.03 | $0.44 |
| 2020 | 145.14 | N/A | $31.93 | $0.22 |
| 2019 | N/A | N/A | $19.95 | -$0.1 |
| 2018 | 37.5 | N/A | $17.25 | $0.46 |
| 2017 | N/A | N/A | $18.9 | -$0.16 |
| 2016 | 27.24 | -26.18% | $15.8 | $0.58 |
| 2015 | 36.9 | -53.04% | $14.76 | $0.4 |
| 2014 | 78.57 | 13.9% | $23.57 | $0.3 |
| 2013 | 68.98 | N/A | $20.01 | $0.29 |
| 2012 | N/A | N/A | N/A | N/A |
| 2011 | N/A | N/A | N/A | N/A |
Clearway Energy PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2026 | 982.25 | 4,122.91% | $39.29 | $0.04 |
| Dec 2025 | 23.26 | 88.49% | $33.26 | $1.43 |
| Sep 2025 | 12.34 | -76.86% | $28.25 | $2.29 |
| Jun 2025 | 53.33 | 32.14% | $32 | $0.6 |
| Mar 2025 | 40.36 | 16.41% | $30.27 | $0.75 |
| Dec 2024 | 34.67 | 16.38% | $26 | $0.75 |
| Sep 2024 | 29.79 | -9.51% | $30.68 | $1.03 |
| Jun 2024 | 32.92 | -7.16% | $24.69 | $0.75 |
| Mar 2024 | 35.46 | -13.39% | $23.05 | $0.65 |
| Dec 2023 | 40.94 | -11% | $27.43 | $0.67 |
| Sep 2023 | 46 | 14.34% | $21.16 | $0.46 |
| Jun 2023 | 40.23 | 577.27% | $28.56 | $0.71 |
| Mar 2023 | 5.94 | -7.04% | $31.33 | $5.27 |
| Dec 2022 | 6.39 | -3.33% | $31.87 | $4.99 |
| Sep 2022 | 6.61 | -10.43% | $31.85 | $4.82 |
CWEN Price vs fair value
CWEN average PE ratio chart
What this chart measures
The Historical Valuation Regime chart shows where the stock's current valuation sits relative to its own historical valuation range over the selected lookback period.
This is a history-relative tool, not a market-relative percentile. It does not compare the stock to other companies. Instead, it compares each historical valuation reading to the stock's own past readings.
Percentile logic
The threshold lines are calculated them from the stock's real historical values using percentile interpolation. That is why some colored bands are narrow while others are wide: the band widths reflect how the stock actually traded through time.
Regime map
| Historical percentile | Regime | Chart meaning |
|---|---|---|
| 0-10 | Historically Low | Deep cheap zone |
| >10-25 | Below Average | Cheap relative to history |
| >25-75 | Average | Within the normal historical range |
| >75-90 | Above Average | Expensive relative to history |
| >90-100 | Historically High | Extreme or stretched valuation |
How to read each part
| Chart element | What it tells you |
|---|---|
| Main line | The actual historical valuation values over time for the selected metric. |
| Dashed horizontal lines | The stock's computed P10, P25, Median, P75, and P90 thresholds for the selected period. |
| Colored bands | The historical valuation zones between those thresholds. |
| Metric boxes | Current ratio, historical median, current percentile, and current regime. |
| Timeline strip | A condensed regime history showing how the stock moved between cheap, fair, and expensive states across each observation. |
Important metric definitions
Current Percentile is the percentile rank of the latest valid historical observation within the selected lookback range.
Current Regime is assigned directly from the latest observation's percentile bucket using the fixed 10 / 25 / 75 / 90 cutoffs shown above.
How to use it well
This chart is most useful for answering a narrow question: Is this stock trading high, low, or normal relative to its own history? It works best alongside growth, profitability, and forward-looking business analysis, because a stock can deserve a higher or lower regime if its business quality has changed.
Currently, CWEN's PE ratio is greater than its 3, 5 and 10-year historical averages.
PE comparison
Clearway Energy's P/E of 833.25 is above the Utilities sector and the industry average.
CWEN PE vs peers
Compared to its peer stocks NRG and PNW, CWEN's PE ratio stands higher.
| Stock name | PE ratio | Market cap |
|---|---|---|
| PNW Pinnacle West Capital Corp | 19.33 | $12.77B |
| MGEE Mge Energy Inc | 20.66 | $2.97B |
| ORA Ormat Technologies Inc | 49.87 | $6.41B |
| NRG Nrg Energy Inc | 151.26 | $28.08B |
| CWEN Clearway Energy Inc | 835.5 | $6.86B |
| NPWR NET Power Inc | N/A | $340.51M |
| SUNE SUNation Energy Inc | N/A | $9.73M |
Frequently asked questions
What is Clearway Energy's PE ratio?
CWEN's price to earnings ratio is 833.25 as of Jul 20, 2026.
What is the 3-year average PE ratio for Clearway Energy (CWEN)?
The 3-year average PE ratio for CWEN stock is 121.03.
What is the 5-year average PE ratio for Clearway Energy (CWEN)?
The 5-year average PE ratio for CWEN stock is 97.97.
What is the highest PE ratio for CWEN?
Over the last ten years, the quarterly PE ratio reached a historic high of 982.25 in the Mar 2026 quarter.
How does the current PE ratio for CWEN compare to its historical average?
CWEN's price to earnings ratio is currently 773% above its 10-year historical average.
Why is Clearway Energy's PE ratio so high?
CWEN's PE ratio is high because its earnings per share (EPS) is low relative to its stock price.
How is CWEN's PE ratio calculated (Clearway Energy PE ratio formula)?
You can calculate the PE ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Jul 20, 2026), Clearway Energy's stock price is $33.33. The earnings per share for the trailing twelve months (TTM) ending Mar 2026 is $0.04. Therefore, Clearway Energy's P/E ratio for today is 833.25. PE RATIO(833.25) = STOCK PRICE($33.33) / TTM EPS($0.04)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.