P/E ratio for Emera (EMA.TO)
P/E ratio as of April 2024 (TTM): 10.0
According to Emera's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.0294. At the end of 2022 the company had a P/E ratio of 14.5.
P/E ratio history for Emera from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 14.5 | -54.37% |
| 2021 | 31.8 | 123.15% |
| 2020 | 14.2 | -29.31% |
| 2019 | 20.1 | 40.54% |
| 2018 | 14.3 | -61.56% |
| 2017 | 37.3 | 24.86% |
| 2016 | 29.9 | 87.89% |
| 2015 | 15.9 | 17.23% |
| 2014 | 13.6 | -27.27% |
| 2013 | 18.6 | -4.49% |
| 2012 | 19.5 | 18.73% |
| 2011 | 16.4 | -12.44% |
| 2010 | 18.8 | 16.81% |
| 2009 | 16.1 | -6.62% |
| 2008 | 17.2 | 6.92% |
| 2007 | 16.1 | -18.81% |
| 2006 | 19.8 | 4.59% |
| 2005 | 19.0 | 17.67% |
| 2004 | 16.1 | 8.3% |
| 2003 | 14.9 | -21.22% |
| 2002 | 18.9 | 35.36% |
| 2001 | 14.0 |
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.