According to Cemig's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.42361. At the end of 2021 the company had a P/E ratio of 7.83.
Year | P/E ratio | Change |
---|---|---|
2021 | 7.83 | -38.5% |
2020 | 12.7 | 31.09% |
2019 | 9.71 | -47.79% |
2018 | 18.6 | 24.28% |
2017 | 15.0 | -65.46% |
2016 | 43.3 | -99.82% |
2015 | > 1000 | 291034.76% |
2014 | 8.09 | -11.47% |
2013 | 9.14 | 31.8% |
2012 | 6.93 | -50.93% |
2011 | 14.1 | 21.92% |
2010 | 11.6 | -28.78% |
2009 | 16.3 | 6.33% |
2008 | 15.3 | -7.3% |
2007 | 16.5 | -59.05% |
2006 | 40.3 | -99% |
2005 | > 1000 | -37.14% |
2004 | > 1000 | 62005.74% |
2003 | 10.3 | -101.66% |
2002 | -620 | 2076.74% |
2001 | -28.5 |
Company | P/E ratio | P/E ratio differencediff. | Country |
---|---|---|---|
![]() Consolidated Edison ED | 20.2 | 172.02% | ๐บ๐ธ USA |
![]() FirstEnergy FE | 17.2 | 131.55% | ๐บ๐ธ USA |
![]() Copel ELP | 26.9 | 263.03% | ๐ง๐ท Brazil |
![]() Vale VALE | 3.76 | -49.41% | ๐ง๐ท Brazil |
![]() Companhia Siderรบrgica Nacional
SID | 7.14 | -3.83% | ๐ง๐ท Brazil |
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.