P/E ratio for edenor (EDN)
P/E ratio as of April 2024 (TTM): -6.91
According to edenor's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -6.90988. 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 | -1.73 | 180.53% |
| 2021 | -0.6154 | 106.22% |
| 2020 | -0.2984 | -153.54% |
| 2019 | 0.5575 | -87.07% |
| 2018 | 4.31 | -26.66% |
| 2017 | 5.88 | -95.8% |
| 2016 | 140 | 2033.16% |
| 2015 | 6.57 | -251.19% |
| 2014 | -4.34 | -409.33% |
| 2013 | 1.40 | -446.43% |
| 2012 | -0.4055 | -88.28% |
| 2011 | -3.46 | -93.08% |
| 2010 | -50.0 | -540.14% |
| 2009 | 11.4 | 138.55% |
| 2008 | 4.76 | -79.67% |
| 2007 | 23.4 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Cemig CIG | 5.32 | -176.95% | 🇧🇷 Brazil |
 Copel ELP | 51.8 | -850.27% | 🇧🇷 Brazil |
 Pampa Energía
PAM | 4.23 | -161.26% | 🇦🇷 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.