P/E ratio for EDP Group (EDP.F)
P/E ratio as of May 2024 (TTM): 15.5
According to EDP Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 15.4709. At the end of 2022 the company had a P/E ratio of 18.8.
P/E ratio history for EDP Group from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 18.8 | -21.81% |
| 2021 | 24.1 | 6.32% |
| 2020 | 22.6 | -20.7% |
| 2019 | 28.5 | 38.55% |
| 2018 | 20.6 | 110.24% |
| 2017 | 9.80 | -14.9% |
| 2016 | 11.5 | -10.77% |
| 2015 | 12.9 | 20.26% |
| 2014 | 10.7 | 6.42% |
| 2013 | 10.1 | 15.9% |
| 2012 | 8.70 | 8.56% |
| 2011 | 8.01 | -4.81% |
| 2010 | 8.42 | -25.97% |
| 2009 | 11.4 | 2.78% |
| 2008 | 11.1 | |
| 2006 | 14.9 | -1438.88% |
| 2005 | -1.11 | -103.38% |
| 2004 | 32.9 | 99.44% |
| 2003 | 16.5 | 15.69% |
| 2002 | 14.3 | -8.74% |
| 2001 | 15.6 |
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.