P/E ratio for Brookfield Infrastructure Partners (BIP)
P/E ratio as of April 2024 (TTM): 84.8
According to Brookfield Infrastructure Partners 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 84.7742. At the end of 2022 the company had a P/E ratio of 221.
P/E ratio history for Brookfield Infrastructure Partners from 2007 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 221 | 535.2% |
| 2021 | 34.8 | -76.02% |
| 2020 | 145 | -83.72% |
| 2019 | 893 | 1608.33% |
| 2018 | 52.3 | -105.22% |
| 2017 | < -1000 | -3848.63% |
| 2016 | 26.7 | -15.26% |
| 2015 | 31.5 | -42.73% |
| 2014 | 55.0 | -164.37% |
| 2013 | -85.4 | -222.12% |
| 2012 | 69.9 | 133.27% |
| 2011 | 30.0 | 323.97% |
| 2010 | 7.07 | -128.3% |
| 2009 | -25.0 | -279.89% |
| 2008 | 13.9 | -96.32% |
| 2007 | 377 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 AES AES | -19.1 | -122.58% | 🇺🇸 USA |
 Portland General Electric
POR | 18.6 | -78.02% | 🇺🇸 USA |
 Vale VALE | 5.64 | -93.35% | 🇧🇷 Brazil |
 TransAlta TAC | 9.13 | -89.23% | 🇨🇦 Canada |
 National Fuel Gas
NFG | 10.0 | -88.18% | 🇺🇸 USA |
 Korea Electric Power KEP | -0.6102 | -100.72% | 🇰🇷 S. Korea |
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.