The current PE ratio for Wec Energy Group stock as of May 3, 2024 is 18.17. This is calculated based on the current EPS of $4.58 and the stock price of $83.22 per share. The P/E ratio has a decrease of 6% from the past four quarters average of 19.3.
The average historical PE ratio of Wec Energy Group for the last ten years is 21.07. The current PE ratio of 18.17 is 14% below the historical average. Over the past ten years, WEC's PE ratio was at its highest in the Sep 2019 quarter at 27.41, when the stock price was $95.1 and the EPS was $3.47. The lowest value was in the Sep 2014 quarter, when it reached 15.87 with a price of $43 and an EPS of $2.71.
Maximum annual increase: 24.31% in 2019
Maximum annual decrease: -11.38% in 2017
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 19.95 | -5.09% |
| 2022 | 21.02 | -10.78% |
| 2021 | 23.56 | -2.73% |
| 2020 | 24.22 | -5.46% |
| 2019 | 25.62 | 24.31% |
| 2018 | 20.61 | 18.18% |
| 2017 | 17.44 | -11.38% |
| 2016 | 19.68 | -9.48% |
| 2015 | 21.74 | 7.57% |
| 2014 | 20.21 | 24.14% |
Currently, WEC's PE ratio is below the 3, 5 and 10-year averages.
WEC's PE ratio is lower than its peer stocks DUK and DTE, but it is greater than PCG's and XEL's. Wec Energy Group's current PE ratio of 18.17 is below the average of its peers, which is 19.15.
| Stock name | PE ratio | Market cap |
|---|---|---|
| PCG PG&E Corp | 15.41 | $45.94B |
| AVA Avista Corp | 15.41 | $2.92B |
| XEL Xcel Energy Inc | 16.29 | $30.14B |
| AEE Ameren Corp | 16.88 | $19.73B |
| WEC Wec Energy Group Inc | 18.17 | $26.28B |
| DTE Dte Energy Co | 18.42 | $23.33B |
| LNT Alliant Energy Corp | 18.49 | $13.04B |
| CMS Cms Energy Corp | 18.77 | $18.38B |
| MGEE Mge Energy Inc | 24.59 | $2.89B |
| DUK Duke Energy CORP | 28.32 | $77.28B |
The price to earnings ratio for WEC stock is 18.17 as of May 3, 2024.
The average PE ratio for WEC stock over the past 3 years is 21.13.
The average PE ratio for WEC stock over the past 5 years is 22.55.
The highest quarterly PE ratio in the last ten years has been 27.41 and it was in the Sep 2019 quarter.
The current price to earnings ratio of WEC is 14% lower than the 10-year historical average.
The PE ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (May 3, 2024), Wec Energy Group's stock price is $83.22. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $4.58. Therefore, Wec Energy Group's P/E ratio for today is 18.17. PE RATIO(18.17) = STOCK PRICE($83.22) / TTM EPS($4.58)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.