NEP Nextera Energy Partners PE ratio, current and historical analysis
The current PE ratio for Nextera Energy Partners stock as of Nov 21, 2024 is 7.43. This is calculated based on the TTM EPS of $2.2 and the stock price of $16.35 per share. The PE ratio marks a decrease of 34% from its last 4 quarters average of 11.2.
NEP PE ratio history
The average historical PE ratio of Nextera Energy Partners for the last ten years is 37.9. The current P/E ratio of 7.43 is 80% 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 Jun 2024 quarter, when it reached 8.64 with a price of $27.64 and an EPS of $3.2.
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
NEP's current PE ratio is lower than its 3, 5 and 10-year averages.
NEP PE vs peers
NEP's PE ratio stands lower than its peer stocks AEP and AEE.
| Stock name | PE ratio | Market cap |
|---|---|---|
| NEP Nextera Energy Partners Lp | 7.65 | $1.57B |
| AEP American Electric Power Co Inc | 19.65 | $52.23B |
| AEE Ameren Corp | 22.12 | $25.15B |
| LNT Alliant Energy Corp | 24.58 | $16.27B |
| ORA Ormat Technologies Inc | 41.02 | $4.89B |
Frequently asked questions
What is Nextera Energy Partners's PE ratio?
The price to earnings ratio for NEP stock as of Nov 21, 2024, stands at 7.43.
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 25.71.
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 24.66.
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 80% 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 7.43 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 (Nov 21, 2024), Nextera Energy Partners's share price is $16.35. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $2.2. Therefore, Nextera Energy Partners's PE ratio for today is 7.43. PE RATIO(7.43) = STOCK PRICE($16.35) / TTM EPS($2.2)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.