As of May 7, 2024, the Clearway Energy stock's PE ratio is 37.0. This results from the current EPS of $0.67 and stock price of $24.79. The P/E ratio has an increase of 11% from the past four quarters average of 33.3.
The PE ratio of Clearway Energy has averaged 77.06 over the last ten years. The current PE ratio of 37.0 is 52% below the historical average. Over the past ten years, CWEN's PE ratio was at its highest in the Mar 2018 quarter at 566.67, when the stock price was $17 and the EPS was $0.03. 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.
Maximum annual increase: 540.69% in 2023
Maximum annual decrease: -92.2% in 2022
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 40.94 | 540.69% |
| 2022 | 6.39 | -92.2% |
| 2021 | 81.89 | -43.58% |
| 2020 | 145.14 | N/A |
| 2019 | N/A | N/A |
| 2018 | 37.5 | N/A |
| 2017 | N/A | N/A |
| 2016 | 27.24 | -26.18% |
| 2015 | 36.9 | -53.04% |
| 2014 | 78.57 | 13.9% |
Currently, CWEN's PE ratio is below the 3, 5 and 10-year averages.
Compared to its peer stock MGEE, CWEN's PE ratio stands higher.
| Stock name | PE ratio | Market cap |
|---|---|---|
| NRG Nrg Energy Inc | 10.81 | $15.92B |
| MGEE Mge Energy Inc | 24.96 | $2.93B |
| CWEN Clearway Energy Inc | 37.09 | $5.02B |
| NPWR NET Power Inc | N/A | $2.3B |
CWEN's price to earnings ratio is 37 as of May 7, 2024.
The 3-year average PE ratio for CWEN stock is 62.28.
The 5-year average PE ratio for CWEN stock is 67.51.
Over the last ten years, the quarterly PE ratio reached a historic high of 566.67 in the Mar 2018 quarter.
CWEN's price to earnings ratio is currently 52% below its 10-year historical average.
You can calculate the PE ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (May 7, 2024), Clearway Energy's stock price is $24.79. The earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $0.67. Therefore, Clearway Energy's P/E ratio for today is 37. PE RATIO(37) = STOCK PRICE($24.79) / TTM EPS($0.67)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.