According to CenterPoint Energy 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 28.126. At the end of 2022 the company had a P/E ratio of 18.9.
Year | P/E ratio | Change |
---|---|---|
2022 | 18.9 | 56.79% |
2021 | 12.0 | -206.74% |
2020 | -11.3 | -155.38% |
2019 | 20.4 | -46.65% |
2018 | 38.1 | 459.59% |
2017 | 6.82 | -72.33% |
2016 | 24.6 | -316.07% |
2015 | -11.4 | -169.11% |
2014 | 16.5 | -48.04% |
2013 | 31.8 | 60% |
2012 | 19.8 | 215.12% |
2011 | 6.30 | -57.13% |
2010 | 14.7 | 2.26% |
2009 | 14.4 | 49.13% |
2008 | 9.63 | -29.14% |
2007 | 13.6 | 13.98% |
2006 | 11.9 | -23.88% |
2005 | 15.7 | -506.33% |
2004 | -3.86 | -163.68% |
2003 | 6.06 | -1033.38% |
2002 | -0.6489 | -109.78% |
2001 | 6.63 |
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.