P/E ratio for Transportadora de Gas del Sur (TGS)
P/E ratio as of May 2024 (TTM): 17.4
According to Transportadora de Gas del Sur's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 17.4388. At the end of 2022 the company had a P/E ratio of 5.42.
P/E ratio history for Transportadora de Gas del Sur from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 5.42 | 202.99% |
| 2021 | 1.79 | -72.14% |
| 2020 | 6.42 | 176.11% |
| 2019 | 2.32 | -33.56% |
| 2018 | 3.50 | -52.53% |
| 2017 | 7.37 | -64.84% |
| 2016 | 21.0 | -128.77% |
| 2015 | -72.9 | -240.92% |
| 2014 | 51.7 | |
| 2012 | 5.85 | -34.38% |
| 2011 | 8.92 | -66.81% |
| 2010 | 26.9 | 157.2% |
| 2009 | 10.4 | 71.59% |
| 2008 | 6.09 | -69.91% |
| 2007 | 20.2 | -111.85% |
| 2006 | -171 | 360.19% |
| 2005 | -37.1 | -331.3% |
| 2004 | 16.0 | 96.27% |
| 2003 | 8.17 | -737.86% |
| 2002 | -1.28 | -118.51% |
| 2001 | 6.92 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Sea (Garena) SE | 134 | 669.82% | 🇸🇬 Singapore |
 Petrobras PBR | 0.8447 | -95.16% | 🇧🇷 Brazil |
 GasLog Partners
GLOP | 2.99 | -82.86% | 🇬🇷 Greece |
 Enable Midstream Partners
ENBL | N/A | N/A | 🇺🇸 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.