P/E ratio for Ultrapar Participacoes (UGP)
P/E ratio as of April 2024 (TTM): 21.2
According to Ultrapar Participacoes's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 21.1953. At the end of 2022 the company had a P/E ratio of 7.52.
P/E ratio history for Ultrapar Participacoes from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 7.52 | -60.01% |
| 2021 | 18.8 | -36.06% |
| 2020 | 29.4 | -59.8% |
| 2019 | 73.1 | 183.7% |
| 2018 | 25.8 | -0.68% |
| 2017 | 26.0 | 6.75% |
| 2016 | 24.3 | 23.9% |
| 2015 | 19.6 | -2.19% |
| 2014 | 20.1 | -11.91% |
| 2013 | 22.8 | -1.68% |
| 2012 | 23.2 | 25.42% |
| 2011 | 18.5 | -4.23% |
| 2010 | 19.3 | -47.36% |
| 2009 | 36.6 | 157.41% |
| 2008 | 14.2 | -51.53% |
| 2007 | 29.4 | 110.09% |
| 2006 | 14.0 | -38.33% |
| 2005 | 22.7 | 53.22% |
| 2004 | 14.8 | -13.61% |
| 2003 | 17.1 | 66.16% |
| 2002 | 10.3 | -44.03% |
| 2001 | 18.4 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Dow DOW | 30.8 | 45.49% | 🇺🇸 USA |
 Petrobras PBR | 0.8262 | -96.10% | 🇧🇷 Brazil |
 Braskem BAK | -5.44 | -125.67% | 🇧🇷 Brazil |
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.