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NEP Nextera Energy Partners PE ratio, current and historical analysis

The current PE ratio for Nextera Energy Partners stock as of Jun 14, 2024 is 9.1. This is calculated based on the TTM EPS of $3.07 and the stock price of $27.95 per share. The PE ratio marks a decrease of 56% from its last 4 quarters average of 20.5.

NEP PE ratio history

How has NEP's PE ratio performed in the past

The average historical PE ratio of Nextera Energy Partners for the last ten years is 38.14. The current P/E ratio of 9.1 is 76% lower than the historical average. Looking back at the last ten years, NEP's PE ratio peaked in the Dec 2014 quarter at 210.94, when the price was $33.75 and the EPS was $0.16. The lowest point was in the Mar 2024 quarter, when it reached 9.8 with a price of $30.08 and an EPS of $3.07.

Average
38.14
Median
24.75
Minimum
9.8
Maximum
210.94

Nextera Energy Partners PE ratio by year

Maximum annual increase: 11.87% in 2023

Maximum annual decrease: -79.29% in 2016

Year PE ratio Change
2023 13.95 11.87%
2022 12.47 -73.85%
2021 47.68 N/A
2020 N/A N/A
2019 N/A N/A
2018 14.11 N/A
2017 N/A N/A
2016 13.44 -79.29%
2015 64.89 -69.24%
2014 210.94 N/A

NEP average PE ratio chart

What is the average PE ratio of NEP for the past years

NEP's current PE ratio is lower than its 3 and 5-year averages.

3-year avg
27.89
5-year avg
26.83
10-year avg
N/A
15-year avg
N/A

NEP PE vs peers

What is NEP's PE ratio compared to its peers

NEP's PE ratio stands lower than its peer stocks AEP and AEE. Nextera Energy Partners is currently trading at a lower PE ratio (9.1) than its peers average of 20.96.

Stock name PE ratio Market cap
NEP Nextera Energy Partners Lp 9.1 $2.61B
AEE Ameren Corp 16.08 $18.7B
AEP American Electric Power Co Inc 16.33 $46.39B
LNT Alliant Energy Corp 18.12 $12.78B
ORA Ormat Technologies Inc 33.29 $4.47B

Frequently asked questions

What is Nextera Energy Partners's PE ratio?

The price to earnings ratio for NEP stock as of Jun 14, 2024, stands at 9.1.

What is the 3-year average PE ratio for Nextera Energy Partners (NEP)?

As an average over the last 3 years, NEP stock has a PE ratio of 27.89.

What is the 5-year average PE ratio for Nextera Energy Partners (NEP)?

As an average over the last 5 years, NEP stock has a PE ratio of 26.83.

What is the highest PE ratio for NEP?

Over the last ten years, the Dec 2014 quarter recorded the highest quarterly PE ratio at 210.94.

How does the current PE ratio for NEP compare to its historical average?

The current PE ratio of NEP is 76% lower than the 10-year historical average.

Why is Nextera Energy Partners's PE ratio so low?

NEP's stock price is trading at a lower multiple of earnings, which is why its PE ratio of 9.1 is considered low.

How is NEP's PE ratio calculated (Nextera Energy Partners PE ratio formula)?

You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Jun 14, 2024), Nextera Energy Partners's share price is $27.95. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $3.07. Therefore, Nextera Energy Partners's PE ratio for today is 9.1. PE RATIO(9.1) = STOCK PRICE($27.95) / TTM EPS($3.07)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.