edenor
EDN
#5272
Rank
$1.03 B
Marketcap
$16.78
Share price
2.76%
Change (1 day)
2.82%
Change (1 year)

P/E ratio for edenor (EDN)

P/E ratio as of July 2024 (TTM): -7.04

According to edenor's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -7.03567. At the end of 2022 the company had a P/E ratio of -1.73.

P/E ratio history for edenor from 2007 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-1.73180.53%
2021-0.6154106.22%
2020-0.2984-153.54%
20190.5575-87.07%
20184.31-26.66%
20175.88-95.8%
20161402033.16%
20156.57-251.19%
2014-4.34-409.33%
20131.40-446.43%
2012-0.4055-88.28%
2011-3.46-93.08%
2010-50.0-540.14%
200911.4138.55%
20084.76-79.67%
200723.4

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
4.67-166.41%๐Ÿ‡ฆ๐Ÿ‡ท Argentina
53.4-858.75%๐Ÿ‡ง๐Ÿ‡ท Brazil
4.02-157.14%๐Ÿ‡ง๐Ÿ‡ท Brazil

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.