P/E ratio for EDP Renováveis (EDPR.LS)
P/E ratio as of April 2024 (TTM): 36.2
According to EDP Renováveis's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 36.2161. At the end of 2021 the company had a P/E ratio of 32.3.
P/E ratio history for EDP Renováveis from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 32.3 | -10.85% |
| 2020 | 36.3 | 85.67% |
| 2019 | 19.5 | -10.93% |
| 2018 | 21.9 | -1.75% |
| 2017 | 22.3 | -76.43% |
| 2016 | 94.7 | 150.17% |
| 2015 | 37.9 | -0.16% |
| 2014 | 37.9 | 50.14% |
| 2013 | 25.3 | -12.34% |
| 2012 | 28.8 | -39.63% |
| 2011 | 47.7 | -1.12% |
| 2010 | 48.3 | -6.59% |
| 2009 | 51.7 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 NextEra Energy Partners
NEP | 21.9 | -39.40% | 🇺🇸 USA |
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.