WEC Energy Group Inc

NYSE WEC

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WEC Energy Group Inc Price to Book Ratio (P/B) on June 03, 2024: 2.11

WEC Energy Group Inc Price to Book Ratio (P/B) is 2.11 on June 03, 2024, a -11.00% change year over year. The price to book ratio compares the market price per share of a company's stock to its book value per share. It is calculated by dividing the market capitalization by the shareholders' equity minus treasury stock, divided by the number of outstanding shares. This ratio provides insights into how the market values a company relative to its book value. A ratio above 1 indicates the market values the company more than its book value, suggesting positive market sentiment.
  • WEC Energy Group Inc 52-week high Price to Book Ratio (P/B) is 2.49 on July 26, 2023, which is 18.03% above the current Price to Book Ratio (P/B).
  • WEC Energy Group Inc 52-week low Price to Book Ratio (P/B) is 1.01 on February 13, 2024, which is -52.18% below the current Price to Book Ratio (P/B).
  • WEC Energy Group Inc average Price to Book Ratio (P/B) for the last 52 weeks is 2.16.
NYSE: WEC

WEC Energy Group Inc

CEO Mr. Gale E. Klappa
IPO Date Oct. 26, 1984
Location United States
Headquarters 231 West Michigan Street, Milwaukee, WI, United States, 53201
Employees 7,000
Sector Utilities
Industry Utilities - regulated electric
Description

WEC Energy Group, Inc., through its subsidiaries, provides regulated natural gas and electricity, and renewable and nonregulated renewable energy services in the United States. It operates through Wisconsin, Illinois, Other States, Electric Transmission, and Non-Utility Energy Infrastructure segments. The company generates and distributes electricity from coal, natural gas, oil, and nuclear, as well as renewable energy resources, including wind, solar, hydroelectric, and biomass; and distributes and transports natural gas. It also owns, maintains, monitors, and operates electric transmission systems; and generates, distributes, and sells steam. As of December 31, 2023, the company operated approximately 35,500 miles of overhead distribution lines and 36,500 miles of underground distribution cables, as well as 430 electric distribution substations and 523,700 line transformers; approximately 46,400 miles of natural gas distribution mains; 1,700 miles of natural gas transmission mains; 2.4 million natural gas lateral services; 490 natural gas distribution and transmission gate stations; and 69.3 billion cubic feet of working gas capacities in underground natural gas storage fields. The company was formerly known as Wisconsin Energy Corporation and changed its name to WEC Energy Group, Inc. in June 2015. WEC Energy Group, Inc. was founded in 1896 and is headquartered in Milwaukee, Wisconsin.

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StockViz Staff

September 20, 2024

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