Brookfield Renewable Partners
BEP
#916
Rank
$18.76 B
Marketcap
๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
Country
$29.31
Share price
0.07%
Change (1 day)
-8.89%
Change (1 year)

P/E ratio for Brookfield Renewable Partners (BEP)

P/E ratio as of January 2023 (TTM): -52.1

According to Brookfield Renewable Partners's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -52.0893. At the end of 2021 the company had a P/E ratio of -51.1.

P/E ratio history for Brookfield Renewable Partners from 2006 to 2022

PE ratio at the end of each year

Year P/E ratio Change
2021-51.1-32.53%
2020-75.8-61.4%
2019-196

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
13.4-125.68%๐Ÿ‡บ๐Ÿ‡ธ 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.