P/E ratio for Enel (ENEL.MI)
P/E ratio as of June 2024 (TTM): 27.2
According to Enel's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 27.1846. At the end of 2022 the company had a P/E ratio of 33.5.
P/E ratio history for Enel from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 33.5 | 47.54% |
| 2021 | 22.7 | -28.59% |
| 2020 | 31.8 | -5.48% |
| 2019 | 33.7 | 211.33% |
| 2018 | 10.8 | -21.98% |
| 2017 | 13.9 | -13.92% |
| 2016 | 16.1 | -4.81% |
| 2015 | 16.9 | -77.6% |
| 2014 | 75.5 | 708.4% |
| 2013 | 9.34 | -91.13% |
| 2012 | 105 | 1373.55% |
| 2011 | 7.15 | -10.39% |
| 2010 | 7.97 | 33.31% |
| 2009 | 5.98 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Southern Company SO | 28.3 | 4.07% | 🇺🇸 USA |
 Duke Energy DUK | 72.1 | 165.17% | 🇺🇸 USA |
 PPL PPL | 25.3 | -6.94% | 🇺🇸 USA |
 Pacific Gas and Electric
PCG | 20.0 | -26.31% | 🇺🇸 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.