P/E ratio for Elia Group (ELI.BR)
P/E ratio at the end of 2022: 27.7
According to Elia Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 18.875. At the end of 2022 the company had a P/E ratio of 27.7.
P/E ratio history for Elia Group from 2005 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 27.7 | 1.04% |
| 2021 | 27.4 | 15.81% |
| 2020 | 23.6 | 21.4% |
| 2019 | 19.5 | 59.21% |
| 2018 | 12.2 | -2.53% |
| 2017 | 12.6 | -27.08% |
| 2016 | 17.2 | 39.87% |
| 2015 | 12.3 | 0.35% |
| 2014 | 12.3 | 34.98% |
| 2013 | 9.08 | -16.45% |
| 2012 | 10.9 | -0.21% |
| 2011 | 10.9 | 245.02% |
| 2010 | 3.16 | -72.88% |
| 2009 | 11.6 | 27.11% |
| 2008 | 9.16 | -28.15% |
| 2007 | 12.8 | -16.21% |
| 2006 | 15.2 | -15.09% |
| 2005 | 17.9 |
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.