P/E ratio for ENGIE Brasil (EGIE3.SA)
P/E ratio as of April 2024 (TTM): 10.1
According to ENGIE Brasil 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.0878. At the end of 2022 the company had a P/E ratio of 11.6.
P/E ratio history for ENGIE Brasil from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 11.6 | -42.09% |
| 2021 | 20.0 | 56.36% |
| 2020 | 12.8 | -28.57% |
| 2019 | 17.9 | 54.34% |
| 2018 | 11.6 | 0.5% |
| 2017 | 11.6 | -21.6% |
| 2016 | 14.8 | 1.34% |
| 2015 | 14.6 | -8.8% |
| 2014 | 16.0 | -2.22% |
| 2013 | 16.3 | 11.5% |
| 2012 | 14.6 | 8.5% |
| 2011 | 13.5 | -8.55% |
| 2010 | 14.8 | 15.16% |
| 2009 | 12.8 |
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.