Ecopetrol
EC
#1117
Rank
โ‚น1.445 T
Marketcap
๐Ÿ‡จ๐Ÿ‡ด
Country
โ‚น703.09
Share price
1.71%
Change (1 day)
-33.83%
Change (1 year)

P/E ratio for Ecopetrol (EC)

P/E ratio as of November 2024 (TTM): 3.02

According to Ecopetrol's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 3.0231. At the end of 2022 the company had a P/E ratio of 3.78.

P/E ratio history for Ecopetrol from 2008 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20223.78-38.54%
20216.16-89.41%
202058.1529.71%
20199.2313.31%
20188.15-39.11%
201713.4-61.31%
201634.6-377.43%
2015-12.5-237.29%
20149.08-20.41%
201311.4-22.37%
201214.734.37%
201110.9-46.34%
201020.4-1.48%
200920.7225.6%
20086.35

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
12.0 295.55%๐Ÿ‡บ๐Ÿ‡ธ USA
9.72 221.41%๐Ÿ‡ฆ๐Ÿ‡ท Argentina
5.37 77.76%๐Ÿ‡ฎ๐Ÿ‡น Italy
0.7264-75.97%๐Ÿ‡ง๐Ÿ‡ท Brazil
12.1 300.05%๐Ÿ‡บ๐Ÿ‡ธ USA
28.5 841.57%๐Ÿ‡บ๐Ÿ‡ธ USA
3.43 13.56%๐Ÿ‡ฌ๐Ÿ‡ง UK
10.5 247.04%๐Ÿ‡บ๐Ÿ‡ธ USA
8.11 168.19%๐Ÿ‡บ๐Ÿ‡ธ USA

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.