RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE

Energy of Minas Gerais P/E 2024

Energy of Minas Gerais P/E

6.98

Energy of Minas Gerais Dividend yield

11.47 %

Ticker

CMIG4.SA

ISIN

BRCMIGACNPR3

WKN

899018

As of Jun 1, 2024, Energy of Minas Gerais's P/E ratio was 6.98, a -5.8% change from the 7.41 P/E ratio recorded in the previous year.

The Energy of Minas Gerais P/E history

Energy of Minas Gerais Aktienanalyse

What does Energy of Minas Gerais do?

CEMIG, also known as Companhia Energetica de Minas Gerais, is a Brazilian energy company based in Belo Horizonte. Energy of Minas Gerais ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Energy of Minas Gerais's P/E Ratio

The Price to Earnings (P/E) Ratio of Energy of Minas Gerais is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.

Year-to-Year Comparison

Assessing Energy of Minas Gerais's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.

Impact on Investments

The P/E ratio of Energy of Minas Gerais is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.

Interpreting P/E Ratio Fluctuations

Fluctuations in Energy of Minas Gerais’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.

Frequently Asked Questions about Energy of Minas Gerais Stock

What is the price-to-earnings ratio of Energy of Minas Gerais?

The price-earnings ratio of Energy of Minas Gerais is currently 6.98.

How has the price-earnings ratio of Energy of Minas Gerais changed compared to last year?

The price-to-earnings ratio of Energy of Minas Gerais has increased by -5.8% fallen (meaning "decreased" or "dropped") compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Energy of Minas Gerais high compared to other companies?

Yes, the price-to-earnings ratio of Energy of Minas Gerais is high compared to other companies.

How does an increase in the price-earnings ratio of Energy of Minas Gerais affect the company?

An increase in the price-earnings ratio of Energy of Minas Gerais would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Energy of Minas Gerais affect the company?

A decrease in the price-earnings ratio of Energy of Minas Gerais would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Energy of Minas Gerais?

Some factors that influence the price-earnings ratio of Energy of Minas Gerais are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Energy of Minas Gerais pay?

Over the past 12 months, Energy of Minas Gerais paid a dividend of 1.16 BRL . This corresponds to a dividend yield of about 11.47 %. For the coming 12 months, Energy of Minas Gerais is expected to pay a dividend of 1.25 BRL.

What is the dividend yield of Energy of Minas Gerais?

The current dividend yield of Energy of Minas Gerais is 11.47 %.

When does Energy of Minas Gerais pay dividends?

Energy of Minas Gerais pays a quarterly dividend. This is distributed in the months of October, January, April, May.

How secure is the dividend of Energy of Minas Gerais?

Energy of Minas Gerais paid dividends every year for the past 24 years.

What is the dividend of Energy of Minas Gerais?

For the upcoming 12 months, dividends amounting to 1.25 BRL are expected. This corresponds to a dividend yield of 12.42 %.

In which sector is Energy of Minas Gerais located?

Energy of Minas Gerais is assigned to the 'Utilities' sector.

Wann musste ich die Aktien von Energy of Minas Gerais kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Energy of Minas Gerais from 7/1/2024 amounting to 0.093 BRL, you needed to have the stock in your portfolio before the ex-date on 4/30/2024.

When did Energy of Minas Gerais pay the last dividend?

The last dividend was paid out on 7/1/2024.

What was the dividend of Energy of Minas Gerais in the year 2023?

In the year 2023, Energy of Minas Gerais distributed 1.159 BRL as dividends.

In which currency does Energy of Minas Gerais pay out the dividend?

The dividends of Energy of Minas Gerais are distributed in BRL.

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Andere Kennzahlen von Energy of Minas Gerais

Our stock analysis for Energy of Minas Gerais Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Energy of Minas Gerais Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.