Copel
ELP
#2618
Rank
$5.04 B
Marketcap
$6.77
Share price
2.42%
Change (1 day)
-17.44%
Change (1 year)

P/E ratio for Copel (ELP)

P/E ratio as of June 2024 (TTM): 49.3

According to Copel's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 49.3133. At the end of 2022 the company had a P/E ratio of 89.2.

P/E ratio history for Copel from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202289.2437.82%
202116.6-38.38%
202026.9-42.23%
201946.672.63%
201827.0-15.58%
201732.0-26.04%
201643.279.6%
201524.1-31.9%
201435.4-2.23%
201336.2-37.27%
201257.727.5%
201145.25.18%
201043.0-42.16%
200974.3247.08%
200821.4-48.71%
200741.8-0.85%
200642.1-19.7%
200552.4-15.54%
200462.1-47.48%
2003118-301.9%
2002-58.6-152.11%
2001112

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-21.9-144.35%๐Ÿ‡บ๐Ÿ‡ธ USA
4.09-91.72%๐Ÿ‡ง๐Ÿ‡ท Brazil
0.6867-98.61%๐Ÿ‡ง๐Ÿ‡ท Brazil
4.22-91.44%๐Ÿ‡ฆ๐Ÿ‡ท Argentina
-0.5698-101.16%๐Ÿ‡ฐ๐Ÿ‡ท S. Korea
3.14-93.64%๐Ÿ‡ง๐Ÿ‡ท Brazil
-6.57-113.32%๐Ÿ‡ฆ๐Ÿ‡ท Argentina

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.