Question 1

What is Vistra's P/E ratio?

Accepted Answer

Vistra (VST) P/E ratio is 22.6× as of June 5, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month earnings (net income), using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/E ratio calculated?

Accepted Answer

P/E = Share Price ÷ Trailing Twelve-Month (TTM) Diluted EPS, or equivalently Market Capitalisation ÷ TTM Net Income. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/E ratio?

Accepted Answer

The price-to-earnings (P/E) ratio, also called the earnings multiple, measures how much investors pay per dollar of a company's trailing twelve-month (TTM) earnings. It is calculated as share price ÷ TTM diluted EPS (equivalent to market capitalisation ÷ TTM net income). A higher P/E implies the market is pricing in stronger future earnings growth or lower risk; a lower P/E can signal slower expected growth, higher risk, or potential undervaluation.

Question 4

What is a good P/E ratio for Vistra?

Accepted Answer

There is no universal "good" P/E. As a rule of thumb, the S&P 500 has historically averaged a P/E in the mid-to-high teens; mature, slow-growth businesses commonly trade in the 10–18× range, while high-growth or asset-light companies often trade at 25–50×+. What matters is the comparison to sector peers and to the company's own historical range. For Vistra specifically, the relevant sector benchmark is the current sector median of 21.4×.

Question 5

Is Vistra's P/E ratio high or low?

Accepted Answer

Vistra's P/E ratio of 22.6× is below its own 5-year average of 26.6× and above the sector median of 21.4×. That places the current reading at the 38th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Vistra's historical P/E ratio range?

Accepted Answer

In the available daily series, Vistra (VST) P/E ratio has ranged from a low of 7.0× in 2023 to a high of 94.5× in 2017. The 5-year average is 26.6× and the 5-year median is 21.7×.

Question 7

What was Vistra's P/E ratio in 2025?

Accepted Answer

Vistra (VST) P/E ratio at the end of 2025 was 58.1×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month earnings figure available at that date.

Question 8

Why does Vistra's P/E ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (earnings). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$54.82B	$944.00M	58.1×	+40.5×	Dec 31, 2025
2024	$46.84B	$2.66B	17.6×	+8.5×	Dec 31, 2024
2023	$13.54B	$1.49B	9.1×	—	Dec 31, 2023
2022	$9.08B	−$1.23B	—	—	Dec 31, 2022
2021	$10.68B	−$1.27B	—	—	Dec 31, 2021
2020	$9.62B	$636.00M	15.1×	+3.0×	Dec 31, 2020
2019	$11.21B	$928.00M	12.1×	—	Dec 31, 2019
2018	$11.49B	−$54.00M	—	—	Dec 31, 2018
2017	$7.85B	−$254.00M	—	—	Dec 31, 2017
2016	$6.63B	−$818.00M	—	—	Dec 31, 2016
2015	$6.63B	−$4.68B	—	—	Dec 31, 2015
2014	$6.63B	−$6.23B	—	—	Dec 31, 2014
2013	$6.63B	−$2.20B	—	—	Dec 31, 2013


American States Water (AWR)	22.1×
Middlesex Water (MSEX)	21.8×
Evergy (EVRG)	21.4×
H2O America (HTO)	21.2×
CMS Energy (CMS)	21.1×
Essential Utilities (WTRG)	20.5×
Ameren (AEE)	19.9×
Duke Energy (DUK)	19.8×
MGE Energy (MGEE)	19.8×
American Electric Power Company (AEP)	19.4×
Consolidated Edison (ED)	19.1×
Pinnacle West Capital (PNW)	18.7×
Dominion Energy (D)	18.3×
Black Hills (BKH)	18.2×
Exelon (EXC)	18.1×
Public Service Enterprise Group (PEG)	17.8×
Northwest Natural Holding (NWN)	17.7×
New Jersey Resources (NJR)	16.2×
Avista (AVA)	16.0×
Eversource Energy (ES)	14.9×
Artesian Resources (ARTNA)	14.1×
PG&E (PCG)	13.1×
UGI (UGI)	12.2×
Edison International (EIX)	7.6×
AES (AES)	7.5×

P/E Ratio for Vistra (VST)

P/E Ratio daily chart for Vistra (VST)

Historical P/E Ratio for Vistra (VST) from 2013 to 2025

About P/E Ratio at Vistra (VST)

Vistra P/E Ratio by Year

Vistra P/E Ratio 2025: 58.1×

Vistra P/E Ratio 2024: 17.6×

Vistra P/E Ratio 2023: 9.1×

Vistra P/E Ratio 2020: 15.1×

Vistra P/E Ratio 2019: 12.1×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

Vistra (VST) Key Financials

P/E Ratio daily chart for Vistra (VST)

Historical P/E Ratio for Vistra (VST) from 2013 to 2025

About P/E Ratio at Vistra (VST)

Vistra P/E Ratio by Year

Vistra P/E Ratio 2025: 58.1×

Vistra P/E Ratio 2024: 17.6×

Vistra P/E Ratio 2023: 9.1×

Vistra P/E Ratio 2020: 15.1×

Vistra P/E Ratio 2019: 12.1×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

+What is Vistra's P/E ratio?

+How is the P/E ratio calculated?

+What is the P/E ratio?

+What is a good P/E ratio for Vistra?

+Is Vistra's P/E ratio high or low?

+What is Vistra's historical P/E ratio range?

+What was Vistra's P/E ratio in 2025?

+Why does Vistra's P/E ratio change over time?

Vistra (VST) Key Financials