Emera
EMA.TO
#1245
Rank
$12.34 B
Marketcap
$46.92
Share price
1.58%
Change (1 day)
0.34%
Change (1 year)

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
202132.0122.69%
202014.4-28.74%
201920.240.82%
201814.3-61.9%
201737.610.13%
201634.1112.47%
201516.118.73%
201413.5-27.47%
201318.7-5.18%
201219.718.49%
201116.6-11.79%
201018.817.54%
200916.0-6.99%
200817.26.53%
200716.2-18.48%
200619.84.59%
200519.018.65%
200416.07.46%
200314.9-21.02%
200218.8

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.