Energix Renewable Energies
ENRG.TA
#4049
Rank
$2.05 B
Marketcap
$3.76
Share price
2.53%
Change (1 day)
35.25%
Change (1 year)

P/E ratio for Energix Renewable Energies (ENRG.TA)

P/E ratio as of March 2024 (TTM): 20.6

According to Energix Renewable Energies's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 20.6247. At the end of 2022 the company had a P/E ratio of 24.6.

P/E ratio history for Energix Renewable Energies from 2013 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202224.6-70.8%
202184.3-11.09%
202094.838.35%
201968.522.27%
201856.0-23.36%
201773.1-40.09%
2016122113.28%
201557.2-165.9%
2014-86.9-0.97%
2013-87.7

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.