Cemig
CIG
$2.45
Share price
3.38%
Change (1 day)
2.08%
Change (1 year)
Categories
Cemig (CIG) - P/B ratio
P/B ratio as of June 2023 : 1.49
According to Cemig's latest financial reports the company has a price-to-book ratio of 1.49.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.
Cemig - P/B ratio (from 2001 to 2022)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2022-12-31 | 1.32 | 1.82% |
| 2021-12-31 | 1.30 | -1.46% |
| 2020-12-31 | 1.32 | -5.37% |
| 2019-12-31 | 1.39 | 6.67% |
| 2018-12-31 | 1.30 | 115.18% |
| 2017-12-31 | 0.6059 | -19.75% |
| 2016-12-31 | 0.7551 | 25.19% |
| 2015-12-31 | 0.6032 | -59.38% |
| 2014-12-31 | 1.49 | 6.34% |
| 2013-12-31 | 1.40 | -11.17% |
| 2012-12-31 | 1.57 | -11.54% |
| 2011-12-31 | 1.78 | 26.21% |
| 2010-12-31 | 1.41 | -16.17% |
| 2009-12-31 | 1.68 | 23.71% |
| 2008-12-31 | 1.36 | -10.23% |
| 2007-12-31 | 1.51 | -2.91% |
| 2006-12-31 | 1.56 | 68.3% |
| 2005-12-31 | 0.9257 | -36.39% |
| 2004-12-31 | 1.46 | 120.09% |
| 2003-12-31 | 0.6612 | 23.09% |
| 2002-12-31 | 0.5371 |
P/B ratio for similar companies or competitors
| Company | P/B ratio | differencediff. | Country |
|---|---|---|---|
 Consolidated Edison ED | 1.53 | 2.81% | 🇺🇸 USA |
 FirstEnergy FE | 2.02 | 35.29% | 🇺🇸 USA |
 Copel ELP | 5.11 | 242.44% | 🇧🇷 Brazil |
 Vale VALE | 1.57 | 4.97% | 🇧🇷 Brazil |
 Companhia Siderúrgica Nacional
SID | 0.8771 | -41.18% | 🇧🇷 Brazil |