Xcel Energy Inc. XEL

69.80 (0.86) (1.22%) as of 25 Sep
Market cap
$43.4B
P/E
19.0×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

Xcel Energy Inc. (XEL) P/B ratio

As of 25 September 2026, Xcel Energy Inc. (XEL) trades at a P/B ratio of 1.8×. Over the past ten years it has ranged from 1.5× (March 2024) to 2.9× (August 2020); the current reading is higher than 13% of that period. That is above the Utilities Regulated Electric industry median of 1.6× and above the Utilities sector median of 1.6×.

P/B ratio, daily

Annual

Period P/B ratio Change
FY2025 1.8× (5.69%)
FY2024 1.9× (2.09%)
FY2023 2.0× (13.47%)
FY2022 2.3× (1.66%)
FY2021 2.3× (3.04%)
FY2020 2.4× (3.15%)
FY2019 2.5× 20.83%
FY2018 2.1× (3.03%)
FY2017 2.1× 13.24%
FY2016 1.9× 9.02%

Quarterly

Period P/B ratio Change
Jun 2026 2.1× 0.19%
Mar 2026 2.1× 13.39%
Dec 2025 1.8× (18.53%)
Sep 2025 2.3× 18.39%
42 more quarters

Against its own ten years

Low 1.5× High 2.9×
Ten-year median 2.1×
Current reading's percentile 13

P/B ratio against peers

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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