According to CPFL Energia 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.98411. At the end of 2022 the company had a P/E ratio of 7.49.
Year | P/E ratio | Change |
---|---|---|
2022 | 7.49 | 15.08% |
2021 | 6.51 | -36.78% |
2020 | 10.3 | -28.14% |
2019 | 14.3 | -7.57% |
2018 | 15.5 | -7.11% |
2017 | 16.7 | -40.91% |
2016 | 28.3 | 62.17% |
2015 | 17.4 | -11.03% |
2014 | 19.6 | -0.49% |
2013 | 19.7 | 16.56% |
2012 | 16.9 | 0.43% |
2011 | 16.8 | 35.38% |
2010 | 12.4 | 48.44% |
2009 | 8.37 | -26.25% |
2008 | 11.3 | 17.17% |
2007 | 9.68 | -13.36% |
2006 | 11.2 | 1625.51% |
2005 | 0.6475 | -53.29% |
2004 | 1.39 | -108.99% |
2003 | -15.4 | 3109.64% |
2002 | -0.4807 |
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.