P/E ratio for Enagás (ENG.MC)
P/E ratio as of April 2024 (TTM): 7.20
According to Enagás 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.20146. At the end of 2022 the company had a P/E ratio of 10.8.
P/E ratio history for Enagás from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 10.8 | -18.27% |
| 2021 | 13.2 | 24.85% |
| 2020 | 10.6 | -19.03% |
| 2019 | 13.1 | 2.75% |
| 2018 | 12.7 | 9.68% |
| 2017 | 11.6 | -15.92% |
| 2016 | 13.8 | -8.32% |
| 2015 | 15.0 | -2.17% |
| 2014 | 15.4 | 36.97% |
| 2013 | 11.2 | 10.56% |
| 2012 | 10.2 | 8.55% |
| 2011 | 9.35 | -12.4% |
| 2010 | 10.7 | -9.99% |
| 2009 | 11.9 |
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.