P/E ratio for Brookfield Renewable (BEPC)
P/E ratio as of September 2023 (TTM): 7.15
According to Brookfield Renewable's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.15478. At the end of 2021 the company had a P/E ratio of 6.70.
P/E ratio history for Brookfield Renewable from 2020 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 6.70 | -287.49% |
| 2020 | -3.58 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Evergy EVRG | 16.4 | 128.81% | 🇺🇸 USA |
 Hawaiian Electric Industries HE | 6.11 | -14.60% | 🇺🇸 USA |
 Idacorp IDA | 17.9 | 149.95% | 🇺🇸 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.