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NextEra Energy (HAM:FP3) Forward PE Ratio Explanation
The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.
Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .
NextEra Energy Forward PE Ratio Related Terms
NextEra Energy Forward PE Ratio Historical Data
* Premium members only.
The historical data trend for NextEra Energy's Forward 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.
NextEra Energy Forward PE Ratio Chart
NextEra Energy Annual Data
Trend
2025-12
Forward PE Ratio
19.64
NextEra Energy Quarterly Data
2025-12
2026-03
Forward PE Ratio
19.64
23.26
HAM:FP3 vs SO, DUK, AEP: Forward PE Ratio Comparison
For the Utilities - Regulated Electric subindustry, NextEra Energy's Forward PE Ratio, along with its competitors' market caps and Forward 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 Forward PE Ratio vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, NextEra Energy's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where NextEra Energy's Forward PE Ratio falls into.
It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.
NextEra Energy (HAM:FP3) has a Forward PE Ratio of 21.82 as of Jul. 13, 2026. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on NextEra Energy and its competitors. According to the industry distribution chart, NextEra Energy ranks #234 out of 275 companies in the Utilities - Regulated industry, placing it in the top 85.1%.
Is NextEra Energy's Forward PE Ratio too high?
NextEra Energy's current Forward PE Ratio is 21.82. The Utilities - Regulated industry median Forward PE Ratio is 14.59. NextEra Energy's value of 21.82 is 49.6% above this industry median. Based on the distribution chart, NextEra Energy ranks #234 out of 275 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, NextEra Energy has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does NextEra Energy's Forward PE Ratio compare to SO and DUK?
According to the Utilities - Regulated industry distribution chart, NextEra Energy ranks #234 out of 275 companies for Forward PE Ratio. This places NextEra Energy in the lower half of its industry. The industry median Forward PE Ratio is 14.59. NextEra Energy's value of 21.82 is 49.6% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward PE Ratio for an Utilities - Regulated company?
The median Forward PE Ratio among Utilities - Regulated companies is 14.59, based on 275 companies in the industry. Companies in the top quartile (top 25%) have a Forward PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Forward PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. NextEra Energy's current Forward PE Ratio of 21.82 is 49.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Forward PE Ratio mean?
A high Forward PE Ratio can signal that a stock is expensive relative to its fundamentals. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on NextEra Energy and its competitors. For the Utilities - Regulated industry, the median Forward PE Ratio is 14.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NextEra Energy's current Forward PE Ratio is 21.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NextEra Energy stock overvalued right now?
Based on GuruFocus' analysis, NextEra Energy (HAM:FP3) is currently considered Fairly Valued. The stock's GF Value™ is €70.76, compared to a current price of €76.58 — trading 8.2% above its estimated fair value. The current Forward PE Ratio is 21.82 and 49.6% above the Utilities - Regulated industry median of 14.59. NextEra Energy's overall GF Score™ is 86/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward PE Ratio calculated?
Forward PE Ratio is calculated from a company's financial statements. For NextEra Energy (HAM:FP3), the current Forward PE Ratio is 21.82 as of Jul. 13, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is NextEra Energy (HAM:FP3) Overvalued in 2026?
Based on GuruFocus' analysis, NextEra Energy stock appears to be overvalued.
The current stock price of €76.58 is trading 8.2% above its estimated GF Value™ of €70.76.
GuruFocus considers NextEra Energy to be Fairly Valued.
Key valuation signals for HAM:FP3:
Forward PE Ratio: 21.82
GF Value™: €70.76 vs. price of €76.58 (8.2% above fair value)
Industry Position: 49.6% above the Utilities - Regulated median (#234 of 275)
No single metric tells the full story. See the HAM:FP3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NextEra Energy's regulated utility, Florida Power & Light, is the largest rate-regulated utility in Florida. The utility distributes power to over 6 million customer accounts in Florida and owns 36 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 nearly 40 GW of generation capacity, including natural gas, nuclear, wind, and solar.
86GF Score
Get the complete analysis for HAM:FP3
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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