P/E ratio for Taesa (Transmissora Aliança de Energia Elétrica) (TAEE11.SA)
P/E ratio as of April 2025 (TTM): 32.9
According to Taesa (Transmissora Aliança de Energia Elétrica)'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 32.928. At the end of 2017 the company had a P/E ratio of 34.0.
P/E ratio history for Taesa (Transmissora Aliança de Energia Elétrica) from 2010 to 2018
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2017 | 34.0 | 36.82% |
| 2016 | 24.9 | 30.62% |
| 2015 | 19.0 | -11.54% |
| 2014 | 21.5 | 2.14% |
| 2013 | 21.1 | -36.29% |
| 2012 | 33.1 | 67.11% |
| 2011 | 19.8 | 5.51% |
| 2010 | 18.8 | -33.44% |
| 2009 | 28.2 | -9.04% |
| 2008 | 31.0 | -11.66% |
| 2007 | 35.1 |
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.