P/E ratio for NorthWestern Corporation (NWE)
P/E ratio as of May 2024 (TTM): 17.5
According to NorthWestern Corporation 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 17.4551. At the end of 2022 the company had a P/E ratio of 18.1.
P/E ratio history for NorthWestern Corporation from 2007 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 18.1 | 14.26% |
| 2021 | 15.8 | -16.64% |
| 2020 | 19.0 | 6.25% |
| 2019 | 17.9 | 18.49% |
| 2018 | 15.1 | -15.34% |
| 2017 | 17.8 | 6.54% |
| 2016 | 16.7 | -1.34% |
| 2015 | 17.0 | -9.81% |
| 2014 | 18.8 | 6.74% |
| 2013 | 17.6 | 35.38% |
| 2012 | 13.0 | -7.32% |
| 2011 | 14.0 | 17.33% |
| 2010 | 12.0 | -6.67% |
| 2009 | 12.8 | -3.33% |
| 2008 | 13.3 | -34.77% |
| 2007 | 20.3 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Ameren
AEE | 17.5 | 0.02% | 🇺🇸 USA |
 CenterPoint Energy
CNP | 23.6 | 35.06% | 🇺🇸 USA |
 Exelon Corporation EXC | 18.0 | 3.17% | 🇺🇸 USA |
 NiSource
NI | 18.0 | 3.09% | 🇺🇸 USA |
 MDU Resources
MDU | 14.2 | -18.76% | 🇺🇸 USA |
 PNM Resources PNM | 21.5 | 23.16% | 🇺🇸 USA |
 Pacific Gas and Electric
PCG | 20.3 | 16.01% | 🇺🇸 USA |
 Idacorp IDA | 18.4 | 5.58% | 🇺🇸 USA |
 Black Hills BKH | 14.7 | -15.50% | 🇺🇸 USA |
 Avista
AVA | 17.3 | -0.80% | 🇺🇸 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.