Cemig
CIG
#2342
Rank
$6.15 B
Marketcap
$1.91
Share price
1.06%
Change (1 day)
-19.41%
Change (1 year)

Cemig (CIG) - P/B ratio

P/B ratio as of May 2024 : 1.21

According to Cemig's latest financial reports the company has a price-to-book ratio of 1.21.
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 2023)

P/B ratio by year

Year P/B ratio Change
2023-12-311.13-9.57%
2022-12-311.25-3.5%
2021-12-311.30-1.46%
2020-12-311.3223.66%
2019-12-311.06-17.63%
2018-12-311.29113.24%
2017-12-310.6059-19.75%
2016-12-310.755125.19%
2015-12-310.6032-59.38%
2014-12-311.496.34%
2013-12-311.40-14.82%
2012-12-311.64-7.75%
2011-12-311.7826.2%
2010-12-311.41-10.2%
2009-12-311.5715.49%
2008-12-311.36-10.23%
2007-12-311.51-2.91%
2006-12-311.5668.3%
2005-12-310.9257-36.45%
2004-12-311.46120.33%
2003-12-310.661222.96%
2002-12-310.5377

P/B ratio for similar companies or competitors

Company P/B ratio differencediff. Country
1.48 21.91%๐Ÿ‡บ๐Ÿ‡ธ USA
1.64 35.47%๐Ÿ‡บ๐Ÿ‡ธ USA
1.07-11.51%๐Ÿ‡ง๐Ÿ‡ท Brazil
1.35 11.56%๐Ÿ‡ง๐Ÿ‡ท Brazil
0.8438-30.35%๐Ÿ‡ง๐Ÿ‡ท Brazil