P/E ratio for Empresas Copec (COPEC.SN)
P/E ratio as of April 2024 (TTM): 9.97
According to Empresas Copec's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.97472. At the end of 2022 the company had a P/E ratio of 6.52.
P/E ratio history for Empresas Copec from 2011 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 6.52 | 15.54% |
| 2021 | 5.65 | -91.83% |
| 2020 | 69.1 | -0.75% |
| 2019 | 69.7 | 373.68% |
| 2018 | 14.7 | -54.33% |
| 2017 | 32.2 | 48.23% |
| 2016 | 21.7 | 14.29% |
| 2015 | 19.0 | 16.46% |
| 2014 | 16.3 | -26.32% |
| 2013 | 22.1 | -51.94% |
| 2012 | 46.1 | 154.59% |
| 2011 | 18.1 |
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.