Brookfield Infrastructure Partners
BIP
#1173
Rank
NZ$27.40 B
Marketcap
๐Ÿ‡ง๐Ÿ‡ฒ
Country
$59.35
Share price
-0.34%
Change (1 day)
32.02%
Change (1 year)

P/E ratio for Brookfield Infrastructure Partners (BIP)

P/E ratio as of November 2024 (TTM): 112

According to Brookfield Infrastructure Partners 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 112.161. At the end of 2022 the company had a P/E ratio of 221.

P/E ratio history for Brookfield Infrastructure Partners from 2007 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022221535.2%
202134.8-76.02%
2020145-83.72%
20198931608.33%
201852.3-105.22%
2017< -1000-3848.63%
201626.7-15.26%
201531.5-42.73%
201455.0-164.37%
2013-85.4-222.12%
201269.9133.27%
201130.0323.97%
20107.07-128.3%
2009-25.0-279.89%
200813.9-96.32%
2007377

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
15.4-86.31%๐Ÿ‡จ๐Ÿ‡ฆ Canada
-15.5-113.79%๐Ÿ‡บ๐Ÿ‡ธ USA
21.3-81.04%๐Ÿ‡บ๐Ÿ‡ธ USA
12.3-89.03%๐Ÿ‡บ๐Ÿ‡ธ USA
4.76-95.75%๐Ÿ‡ง๐Ÿ‡ท Brazil
-0.7031-100.63%๐Ÿ‡ฐ๐Ÿ‡ท S. Korea

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.