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NextEra Energy (NextEra Energy) Shiller PE Ratio : 25.44 (As of Apr. 25, 2024)


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What is NextEra Energy Shiller PE Ratio?

As of today (2024-04-25), NextEra Energy's current share price is $66.90. NextEra Energy's E10 for the quarter that ended in Mar. 2024 was $2.63. NextEra Energy's Shiller PE Ratio for today is 25.44.

The historical rank and industry rank for NextEra Energy's Shiller PE Ratio or its related term are showing as below:

NEE' s Shiller PE Ratio Range Over the Past 10 Years
Min: 19.94   Med: 26.33   Max: 45.47
Current: 25.44

During the past years, NextEra Energy's highest Shiller PE Ratio was 45.47. The lowest was 19.94. And the median was 26.33.

NEE's Shiller PE Ratio is ranked worse than
78.96% of 385 companies
in the Utilities - Regulated industry
Industry Median: 16.12 vs NEE: 25.44

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

NextEra Energy's adjusted earnings per share data for the three months ended in Mar. 2024 was $1.100. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $2.63 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


NextEra Energy Shiller PE Ratio Historical Data

The historical data trend for NextEra Energy's Shiller PE Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

NextEra Energy Shiller PE Ratio Chart

NextEra Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 32.99 41.32 45.24 37.01 23.81

NextEra Energy Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Shiller PE Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 32.38 29.72 22.69 23.81 24.31

Competitive Comparison of NextEra Energy's Shiller PE Ratio

For the Utilities - Regulated Electric subindustry, NextEra Energy's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


NextEra Energy's Shiller PE Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, NextEra Energy's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where NextEra Energy's Shiller PE Ratio falls into.



NextEra Energy Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

NextEra Energy's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=66.90/2.63
=25.44

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

NextEra Energy's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, NextEra Energy's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1.1/129.4194*129.4194
=1.100

Current CPI (Mar. 2024) = 129.4194.

NextEra Energy Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.280 100.560 0.360
201409 0.375 100.428 0.483
201412 0.500 99.070 0.653
201503 0.363 99.621 0.472
201506 0.398 100.684 0.512
201509 0.483 100.392 0.623
201512 0.275 99.792 0.357
201603 0.353 100.470 0.455
201606 0.290 101.688 0.369
201609 0.405 101.861 0.515
201612 0.515 101.863 0.654
201703 0.843 102.862 1.061
201706 0.420 103.349 0.526
201709 0.448 104.136 0.557
201712 1.138 104.011 1.416
201803 2.330 105.290 2.864
201806 0.403 106.317 0.491
201809 0.525 106.507 0.638
201812 0.220 105.998 0.269
201903 0.353 107.251 0.426
201906 0.640 108.070 0.766
201909 0.453 108.329 0.541
201912 0.498 108.420 0.594
202003 0.210 108.902 0.250
202006 0.650 108.767 0.773
202009 0.620 109.815 0.731
202012 -0.003 109.897 -0.004
202103 0.840 111.754 0.973
202106 0.130 114.631 0.147
202109 0.230 115.734 0.257
202112 0.610 117.630 0.671
202203 -0.230 121.301 -0.245
202206 0.700 125.017 0.725
202209 0.860 125.227 0.889
202212 0.764 125.222 0.790
202303 1.040 127.348 1.057
202306 1.380 128.729 1.387
202309 0.600 129.860 0.598
202312 0.589 129.419 0.589
202403 1.100 129.419 1.100

Add all the adjusted EPS together and divide 10 will get our E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


NextEra Energy  (NYSE:NEE) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


NextEra Energy Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of NextEra Energy's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


NextEra Energy (NextEra Energy) Business Description

Address
700 Universe Boulevard, Juno Beach, FL, USA, 33408
NextEra Energy's regulated utility, Florida Power & Light, is the largest rate-regulated utility in Florida. The utility distributes power to nearly 6 million customer accounts in Florida and owns 32 gigawatts of generation. FP&L contributes roughly 70% of NextEra's consolidated operating earnings. NextEra Energy Resources, the renewable energy segment, generates and sells power throughout the United States and Canada with more than 25 GW of generation capacity, including natural gas, nuclear, wind, and solar.
Executives
Armando Jr Pimentel other: President & CEO of Sub C/O NEXTERA ENERGY, INC., 700 UNIVERSE BLVD., JUNO BEACH FL 33408
Nicole S Arnaboldi director 700 UNIVERSE BLVD., JUNO BEACH FL 33408
Maria Henry director C/O THE HILLSHIRE BRANDS COMPANY, 3500 LACEY ROAD, DOWNERS GROVE IL 60515
Kirk S Hachigian director C/O COOPER INDUSTRIES INC, 600 TRAVIS STE 5800, HOUSTON TX 77002
James Lawrence Camaren director C/O NEXTERA ENERGY, INC., 700 UNIVERSE BLVD, JUNO BEACH FL 33408
Robert Coffey officer: EVP, Nuclear Div & CNO 700 UNIVERSE BLVD, JUNO BEACH FL 33408
John W Ketchum officer: EVP, Finance & CFO 700 UNIVERSE BLVD, JUNO BEACH FL 33408
Deborah L Stahlkopf director C/O CISCO SYSTEMS, INC., 170 WEST TASMAN DRIVE, SAN JOSE CA 95134
David L Porges director 700 UNIVERSE BLVD, C/O NEXTERA ENERGY, INC., JUNO BEACH FL 33408
Crews Terrell Kirk Ii officer: VP, Controller and CAO 700 UNIVERSE BLVD, JUNO BEACH FL 33408
John A Stall director C/O NEXTERA ENERGY, INC., 700 UNIVERSE BLVD, JUNO BEACH FL 33408
Amy B Lane director 1626 EAST JEFFERSON ST, ROCKVILLE MD 20852
Michael Dunne officer: Treasurer 700 UNIVERSE BLVD, JUNO BEACH FL 33408
Mark Lemasney officer: EVP Power Generation Div., other: EVP Power Generation Div-Sub 700 UNIVERSE BLVD, JUNO BEACH FL 33408
Miguel Arechabala officer: EVP, Power Generation Division, other: EVP, Power Generation Div-Sub 700 UNIVERSE BLVD, JUNO BEACH FL 33408