P/E ratio for Comgás (CGAS5.SA)
P/E ratio as of April 2025 (TTM): 37.6
According to Comgás's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 37.6091. At the end of 2022 the company had a P/E ratio of 9.68.
P/E ratio history for Comgás from 2011 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 9.68 | 0.33% |
| 2021 | 9.65 | -52.24% |
| 2020 | 20.2 | 43.19% |
| 2019 | 14.1 | 134.68% |
| 2018 | 6.01 | -43.76% |
| 2017 | 10.7 | 60.19% |
| 2016 | 6.67 | -7.41% |
| 2015 | 7.21 | -25.24% |
| 2014 | 9.64 | -14.55% |
| 2013 | 11.3 | -40.11% |
| 2012 | 18.8 |
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.