Equatorial Energia
EQTL3.SA
#2029
Rank
$5.45 B
Marketcap
$4.95
Share price
-0.96%
Change (1 day)
2.06%
Change (1 year)

P/E ratio for Equatorial Energia (EQTL3.SA)

P/E ratio as of September 2022 (TTM): 11.0

According to Equatorial Energia's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.9808. At the end of 2021 the company had a P/E ratio of 6.01.

P/E ratio history for Equatorial Energia from 2010 to 2022

PE ratio at the end of each year

Year P/E ratio Change
20216.01-23.53%
20207.86-17.6%
20199.53-41.23%
201816.223.98%
201713.1-13.79%
201615.280.44%
20158.41-2.43%
20148.62-87.12%
201366.9325.33%
201215.781.32%
20118.6832.46%
20106.55-26.2%
20098.88151.62%
20083.53

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.