P/E ratio for AES (AES)
P/E ratio as of March 2023 (TTM): -51.9
According to AES's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -51.9286. At the end of 2021 the company had a P/E ratio of -39.8.
P/E ratio history for AES from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | -39.8 | -113.56% |
| 2020 | 294 | 564.26% |
| 2019 | 44.2 | 456.6% |
| 2018 | 7.95 | |
| 2016 | -6.76 | -131.06% |
| 2015 | 21.8 | 69.01% |
| 2014 | 12.9 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 American Electric Power AEP | 16.2 | -131.29% | 🇺🇸 USA |
 Dominion Energy D | 18.7 | -136.00% | 🇺🇸 USA |
 NRG Energy
NRG | 1.92 | -103.69% | 🇺🇸 USA |
 Sempra Energy SRE | 19.7 | -138.02% | 🇺🇸 USA |
 Duke Energy DUK | 16.0 | -130.81% | 🇺🇸 USA |
 SunPower
SPWR | 38.4 | -173.96% | 🇺🇸 USA |
 Ormat Technologies
ORA | 68.6 | -232.03% | 🇺🇸 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.