P/E ratio for Copel (ELP)
P/E ratio as of June 2023 (TTM): 48.1
According to Copel's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 48.0972. At the end of 2020 the company had a P/E ratio of 53.8.
P/E ratio history for Copel from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2020 | 53.8 | 15.55% |
| 2019 | 46.6 | 60.7% |
| 2018 | 29.0 | -10.5% |
| 2017 | 32.4 | -22.36% |
| 2016 | 41.7 | 76.96% |
| 2015 | 23.6 | -36.84% |
| 2014 | 37.3 | 3.3% |
| 2013 | 36.1 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 AES AES | -26.3 | -154.66% | 🇺🇸 USA |
 Cemig CIG | 6.64 | -86.19% | 🇧🇷 Brazil |
 Petrobras PBR | 2.22 | -95.38% | 🇧🇷 Brazil |
 Pampa Energía
PAM | 5.04 | -89.52% | 🇦🇷 Argentina |
 Korea Electric Power KEP | -0.5104 | -101.06% | 🇰🇷 S. Korea |
 Gerdau GGB | 3.44 | -92.86% | 🇧🇷 Brazil |
 edenor EDN | -4.09 | -108.50% | 🇦🇷 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.