P/E ratio for Enel Chile (ENIC)
P/E ratio as of May 2024 (TTM): 2.82
According to Enel Chile 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 2.82196. At the end of 2022 the company had a P/E ratio of 2.12.
P/E ratio history for Enel Chile from 2016 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 2.12 | -90.55% |
| 2021 | 22.4 | -111.42% |
| 2020 | -196 | -1327.63% |
| 2019 | 16.0 | 41.35% |
| 2018 | 11.3 | 10.53% |
| 2017 | 10.2 | 33.92% |
| 2016 | 7.65 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Evergy EVRG | 16.9 | 499.30% | 🇺🇸 USA |
 Hawaiian Electric Industries HE | 5.65 | 100.07% | 🇺🇸 USA |
 Idacorp IDA | 18.4 | 553.03% | 🇺🇸 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.