How does Xcel Energy Inc. 6.25% Junior Subordinated Notes, Series due 2085’s P/E ratio compare with its history?
On this page, XELLL's current P/E is 20.6, compared with a multi-year average around 20.6. When the current P/E sits near its historical average, the multiple is close to that range. Look at trend direction in profitability and cash-flow rows, plus liquidity and leverage, rather than treating the P/E in isolation.