Enel Chile
ENIC
#3130
Rank
$3.88 B
Marketcap
$2.81
Share price
0.36%
Change (1 day)
-13.27%
Change (1 year)

P/E ratio for Enel Chile (ENIC)

P/E ratio as of November 2024 (TTM): 2.51

According to Enel Chile 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 2.5094. 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
20222.12-90.55%
202122.4-111.42%
2020-196-1327.63%
201916.041.35%
201811.310.53%
201710.233.92%
20167.65

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
19.6 679.68%๐Ÿ‡บ๐Ÿ‡ธ USA
5.01 99.63%๐Ÿ‡บ๐Ÿ‡ธ USA
22.0 775.37%๐Ÿ‡บ๐Ÿ‡ธ 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.