P/E ratio for Alliant Energy (LNT)
P/E ratio as of May 2024 (TTM): 19.8
According to Alliant Energy's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 19.8359. At the end of 2022 the company had a P/E ratio of 20.2.
P/E ratio history for Alliant Energy from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 20.2 | -13.47% |
| 2021 | 23.4 | 12.94% |
| 2020 | 20.7 | -11.5% |
| 2019 | 23.4 | 20.66% |
| 2018 | 19.4 | -9.49% |
| 2017 | 21.4 | -6.76% |
| 2016 | 23.0 | 23.18% |
| 2015 | 18.6 | -3.17% |
| 2014 | 19.3 | 20.51% |
| 2013 | 16.0 | 5.51% |
| 2012 | 15.1 | -6.29% |
| 2011 | 16.2 | 14.25% |
| 2010 | 14.1 | -52.8% |
| 2009 | 30.0 | 167.98% |
| 2008 | 11.2 | 4.41% |
| 2007 | 10.7 | -23.45% |
| 2006 | 14.0 | -103.49% |
| 2005 | -401 | -1892.77% |
| 2004 | 22.3 | 55.24% |
| 2003 | 14.4 | 2.62% |
| 2002 | 14.0 | 3.94% |
| 2001 | 13.5 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Ameren
AEE | 17.5 | -11.98% | 🇺🇸 USA |
 CMS Energy
CMS | 24.9 | 25.50% | 🇺🇸 USA |
 DTE Energy
DTE | 19.3 | -2.69% | 🇺🇸 USA |
 WEC Energy Group WEC | 19.7 | -0.44% | 🇺🇸 USA |
 Duke Energy DUK | 72.4 | 265.11% | 🇺🇸 USA |
 Xcel Energy XEL | 17.7 | -10.90% | 🇺🇸 USA |
 MGE Energy
MGEE | 24.8 | 24.90% | 🇺🇸 USA |
 Allete ALE | 14.6 | -26.49% | 🇺🇸 USA |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.