P/E ratio for Equatorial Energia (EQTL3.SA)
P/E ratio as of April 2024 (TTM): 20.5
According to Equatorial Energia's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 20.4958. At the end of 2022 the company had a P/E ratio of 21.7.
P/E ratio history for Equatorial Energia from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 21.7 | 260.05% |
| 2021 | 6.02 | -23.51% |
| 2020 | 7.86 | 29.24% |
| 2019 | 6.09 | -61.84% |
| 2018 | 15.9 | 21.74% |
| 2017 | 13.1 | -17.66% |
| 2016 | 15.9 | 67.11% |
| 2015 | 9.52 | 10.28% |
| 2014 | 8.63 | -117.18% |
| 2013 | -50.2 | -426.81% |
| 2012 | 15.4 | 78.78% |
| 2011 | 8.60 | 35.59% |
| 2010 | 6.34 | -15.52% |
| 2009 | 7.50 |
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.