MGE Energy PE ratio MGEE
Share price divided by earnings per share over the last twelve months, since 2014.
- Today, Oct 23, 2026
- 18.1×
- 10-year median
- 25.7×
- Against its 10-year history
- 1st
- percentile: 0 is its lowest day, 100 its highest
- 10-year range
- 17.2× to 33.0×
- Peer median
- 19.9×
MGE Energy's PE ratio is 18.1× as of Oct 23, 2026: a share price of $73.48 against $4.07 of earnings per share over the last twelve months.
That is below its ten-year median of 25.7×, lower than on 99% of days in the last ten years.
Over that time it ranged from 17.2× in Sep 2026 to 33.0× in Feb 2020.
The median for 10 utility stocks of a similar size is 19.9×.
PE ratio over time
The dashed line is the 10-year median and the shaded band the middle half of its days.
Year by year
| Year | End of year | Low | High |
|---|---|---|---|
| 2026 so far | 18.1× | 17.2× | 22.5× |
| 2025 | 21.2× | 21.2× | 28.7× |
| 2024 | 29.1× | 19.4× | 32.1× |
| 2023 | 22.0× | 21.7× | 27.6× |
| 2022 | 24.8× | 21.8× | 29.8× |
| 2021 | 27.3× | 24.1× | 29.1× |
| 2020 | 26.5× | 23.1× | 33.0× |
| 2019 | 31.8× | 19.8× | 32.2× |
| 2018 | 19.9× | 18.6× | 27.9× |
| 2017 | 28.7× | 27.9× | 31.1× |
| 2016 | 31.4× | 21.0× | 31.4× |
| 2015 | 21.3× | 17.6× | 21.3× |
| 2014 | 20.5× | 16.0× | 20.5× |
Against its peers
Companies in Utilities nearest MGE Energy's size, closest first, today.
| Company | PE ratio |
|---|---|
| MGEEMGE Energy | 18.1× |
| CWTCalifornia Water Service | 21.6× |
| HTOH2O America | 20.8× |
| AVAAvista | 13.6× |
| AWRAmerican States Water | 23.4× |
| NWNNorthwest Natural | 16.6× |
| OTTROtter Tail | 19.5× |
| MDUMDU Resources | 20.2× |
| NWENorthWestern Energy | 28.0× |
| OGSONE Gas | 16.8× |
| SRSpire | 9.5× |
| Peer median | 19.9× |
Where MGE Energy ranks
What the PE ratio tells you
Share price divided by earnings per share over the last twelve months. It is the price tag on a dollar of profit: 20× means you pay $20 for $1 of yearly earnings.
Blank while earnings are negative. A very low PE can mean the market expects profits to fall, so read it with growth and the company's own history.
More on MGE Energy
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.