P/E ratio for Centrais Electricas Brasileiras (EBR)
P/E ratio as of June 2024 (TTM): 26.1
According to Centrais Electricas Brasileiras's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 26.1204. At the end of 2022 the company had a P/E ratio of 18.0.
P/E ratio history for Centrais Electricas Brasileiras from 2008 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 18.0 | 103.44% |
| 2021 | 8.87 | -4.18% |
| 2020 | 9.26 | 109.23% |
| 2019 | 4.42 | 94.16% |
| 2018 | 2.28 | -114.86% |
| 2017 | -15.3 | -292.22% |
| 2016 | 7.98 | -1347.86% |
| 2015 | -0.6393 | -47.59% |
| 2014 | -1.22 | -6.49% |
| 2013 | -1.30 | -1.58% |
| 2012 | -1.33 | -125.48% |
| 2011 | 5.20 | -51.06% |
| 2010 | 10.6 | -158.43% |
| 2009 | -18.2 | -742.84% |
| 2008 | 2.83 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Consolidated Edison ED | 13.3 | -49.22% | 🇺🇸 USA |
 FirstEnergy FE | 42.8 | 64.03% | 🇺🇸 USA |
 Nextera Energy NEE | 20.7 | -20.77% | 🇺🇸 USA |
 Duke Energy DUK | 71.3 | 173.11% | 🇺🇸 USA |
 Cemig CIG | 4.11 | -84.28% | 🇧🇷 Brazil |
 Copel ELP | 52.7 | 101.85% | 🇧🇷 Brazil |
 Petrobras PBR | 0.7468 | -97.14% | 🇧🇷 Brazil |
 Alcoa AA | -9.03 | -134.59% | 🇺🇸 USA |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.