Cia Energetica DE Minas Gerais - Cemig Overview
Valuation check: CIG's P/E ratio is 9.5, below the Utilities sector average of 19.27.
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+ Follow9.50
The P/E ratio compares a company's stock price to its earnings per share. A lower P/E ratio may indicate that the stock is undervalued.
As of the most recent data, CIG shows a P/E ratio of 9.5. That is below the Utilities sector average of 19.27. Scroll down for historical charts and peer comparison views.
The Utilities sector average P/E ratio is about 19.27. Cia Energetica DE Minas Gerais - Cemig is at 9.5, which is lower that average. That is roughly 50.7% below the sector mean. Use the comparison chart on this page to see how CIG stacks up against individual peers as well.
Investors watch CIG's P/E ratio because it compresses price and fundamentals into one number that is easy to compare across companies and over time. Cia Energetica DE Minas Gerais - Cemig's latest reading is 9.5. Combining that with growth, ROE, and debt metrics usually beats relying on a single multiple.
Besides this p/e ratio page, Stockcircle has Cia Energetica DE Minas Gerais - Cemig's full stock overview, other financial metrics, insider and congress trade tabs, and tools to follow the stock. Together they help you connect P/E ratio (currently 9.5) with ownership activity and broader fundamentals.
The Utilities average P/E ratio is about 19.27, while CIG is at 9.5. Typical ranges vary by sub-industry, so always sanity-check against the closest competitors, not just the whole sector bucket.
