P/E ratio for Emera (EMA.TO)
P/E ratio as of August 2022 (TTM): 27.7
According to Emera's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 27.7356. At the end of 2021 the company had a P/E ratio of 32.0.
P/E ratio history for Emera from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 32.0 | 122.69% |
| 2020 | 14.4 | -28.74% |
| 2019 | 20.2 | 40.82% |
| 2018 | 14.3 | -61.9% |
| 2017 | 37.6 | 10.13% |
| 2016 | 34.1 | 112.47% |
| 2015 | 16.1 | 18.73% |
| 2014 | 13.5 | -27.47% |
| 2013 | 18.7 | -5.18% |
| 2012 | 19.7 | 18.49% |
| 2011 | 16.6 | -11.79% |
| 2010 | 18.8 | 17.54% |
| 2009 | 16.0 | -6.99% |
| 2008 | 17.2 | 6.53% |
| 2007 | 16.2 | -18.48% |
| 2006 | 19.8 | 4.59% |
| 2005 | 19.0 | 18.65% |
| 2004 | 16.0 | 7.46% |
| 2003 | 14.9 | -21.02% |
| 2002 | 18.8 |
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.