Start with its own history
At 10.52×, RWEOY is 38.3% below its 8-observation annual average. A lower multiple can reflect a lower price, higher earnings, or weaker growth expectations—not necessarily a bargain.

Current valuation, historical context, and peer comparisons.
Current P/E ratio
10.52×
38.3% belowthe 8-observation annual average
Price and EPS in quote currency. Calculation details
Investors are paying 10.52 for every 1 of reported earnings per share.
Annual period-end data · 24 observations
| Period end | P/E | Change |
|---|---|---|
| Dec 31, 2025 | 10.53× | +152.3% |
| Dec 31, 2024 | 4.17× | -80.2% |
| Dec 31, 2023 | 21.12× | +99.6% |
| Dec 31, 2022 | 10.58× | -68.3% |
| Dec 31, 2021 | 33.38× | +59.3% |
| Dec 31, 2020 | 20.95× | N/M |
| Dec 31, 2019 | N/M | N/M |
| Dec 31, 2018 | 30.16× | +448.1% |
| Period end | P/E | Change |
|---|---|---|
| Dec 31, 2017 | 5.50× | N/M |
| Dec 31, 2016 | N/M | N/M |
| Dec 31, 2015 | N/M | N/M |
| Dec 31, 2014 | 9.26× | N/M |
| Dec 31, 2013 | N/M | N/M |
| Dec 31, 2012 | 14.85× | +83.2% |
| Dec 31, 2011 | 8.10× | +0.7% |
| Dec 31, 2010 | 8.05× | -20.7% |
| Dec 31, 2009 | 10.14× | -24.5% |
| Dec 31, 2008 | 13.42× | -33.3% |
| Dec 31, 2007 | 20.12× | +64.9% |
| Dec 31, 2006 | 12.21× | -22.5% |
| Dec 31, 2005 | 15.74× | +47.1% |
| Dec 31, 2004 | 10.70× | -42.5% |
| Dec 31, 2003 | 18.61× | +40.6% |
| Dec 31, 2002 | 13.24× | N/M |
Change is relative to the preceding observation. N/M values are excluded from averages.
Company P/E vs. peer trailing-12-month ratios
| Company | P/E ratio |
|---|---|
RWEOY This stockRWE AG | 10.52× |
ENGIYEngie S.A. | 14.77× |
EONGYE.on Se | 14.74× |
ENLAYEnel S.p.A. | 24.20× |
IBDRYIberdrola, S.A. | 21.73× |
SSEZYSSE plc | 25.69× |
EDPFYEdp S.a. Adr | 17.54× |
NRGNRG Energy, Inc. | 21.91× |
AESThe AES Corporation | 5.96× |
Peers are selected by the data provider. Business models and earnings definitions can differ.
Put the numbers in context
At 10.52×, RWEOY is 38.3% below its 8-observation annual average. A lower multiple can reflect a lower price, higher earnings, or weaker growth expectations—not necessarily a bargain.
The median of the 8 positive peer ratios above is 19.64×. Check growth, margins, debt, and earnings quality before interpreting the gap. A faster-growing business may justify a higher multiple.
One-off gains can temporarily lower P/E; unusual charges can raise it. Reported earnings and forward estimates answer different questions. Pair this view with return on equity and liquidity for a fuller picture.
Keep your research connected
Pull historical P/E into Excel or Google Sheets with Wisesheets. Build your own comparisons alongside the rest of your financial model.
Explore Wisesheets=WISE("RWEOY", "PE Ratio", "LQ")Share price 64.6 ÷ EPS 6.14 = 10.52×. Data is supplied by Financial Modeling Prep through Wisesheets. Quote feed updated Nov 5, 2026; this is not a real-time trading quote.
Annual and quarterly P/E observations are provided separately from the current quote. Averages use the latest 3, 5, or 10 annual observations, excluding missing and nonpositive ratios. Pre-IPO observations are omitted. These are period-end observations, not daily averages.
The current quote feed does not specify the exact EPS filing-period end or whether EPS is basic or diluted. We do not label it as forward P/E. Peer ratios are explicitly trailing-12-month (TTM) values. Historical observations do not include independently verified price and EPS inputs. Sources may update on different schedules; rounded inputs can produce small calculation differences. Historical comparisons describe past pricing, not an estimate of fair value.
The essentials behind the numbers.
RWE AG's current P/E is 10.52× based on the quote data last updated Nov 5, 2026. It represents the share price divided by reported earnings per share. Prices and earnings may refresh on different schedules.
Annual P/E uses earnings for a completed fiscal year. Trailing-12-month (TTM) P/E uses the latest four quarters, while forward P/E uses forecast earnings. These are not interchangeable. This page labels peer ratios as TTM and shows dated annual or quarterly historical observations; it does not show forward estimates.
N/M means not meaningful: the feed has no positive P/E for that observation. Negative or zero earnings should not be ranked as a low positive valuation multiple. N/M observations are excluded from the averages shown above.
Divide the share price by earnings per share (EPS). For example, a share price of 100 and EPS of 5 gives a P/E of 20×. This page uses the price and EPS supplied together in the quote when both are positive.
Price timestamps, EPS definitions, share classes, adjustments, and fiscal periods can differ. A forward P/E also uses forecast earnings rather than reported earnings. Compare the inputs and as-of dates before comparing two displayed ratios.
Not necessarily. The average describes previous market pricing, not fair value. Changes in earnings quality, growth expectations, debt, accounting, and business risk can justify a different multiple today.