P/E ratio for Ultrapar Participacoes (UGP)
P/E ratio as of June 2023 (TTM): 15.8
According to Ultrapar Participacoes's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 15.7886. At the end of 2021 the company had a P/E ratio of 18.6.
P/E ratio history for Ultrapar Participacoes from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 18.6 | -35.67% |
| 2020 | 28.9 | -60.65% |
| 2019 | 73.4 | 179.62% |
| 2018 | 26.2 | 1.39% |
| 2017 | 25.9 | -50.41% |
| 2016 | 52.2 | 137.85% |
| 2015 | 21.9 | -2.66% |
| 2014 | 22.5 | -58.49% |
| 2013 | 54.3 | 122.5% |
| 2012 | 24.4 | 21.12% |
| 2011 | 20.1 | 7.16% |
| 2010 | 18.8 | 14.38% |
| 2009 | 16.4 | -5.11% |
| 2008 | 17.3 | -38.8% |
| 2007 | 28.3 | 104.6% |
| 2006 | 13.8 | 71.86% |
| 2005 | 8.05 | -58.43% |
| 2004 | 19.4 | 61.41% |
| 2003 | 12.0 | 10.65% |
| 2002 | 10.8 | -40.18% |
| 2001 | 18.1 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Dow DOW | 13.2 | -16.36% | 🇺🇸 USA |
 Petrobras PBR | 2.32 | -85.31% | 🇧🇷 Brazil |
 Braskem BAK | -5.37 | -134.03% | 🇧🇷 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.