Companhia Energética de Minas Gerais (CMIG3.SA) has a PEG ratio of -55.98, below the Utilities sector average of 11.78.
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The PEG ratio measures a stock's valuation relative to its earnings growth rate. A PEG ratio below 1.0 may indicate that the stock is undervalued relative to its growth potential.
Companhia Energética de Minas Gerais (CMIG3.SA) currently reports a PEG ratio of -55.98. That is below the Utilities sector average of 11.78. Use the charts on this page to explore Companhia Energética de Minas Gerais's PEG ratio history and peer comparisons.
Companhia Energética de Minas Gerais's PEG ratio of -55.98 is lower than the Utilities sector average of 11.78. That is roughly 575.1% below the sector mean. A reading lower peers can reflect different growth expectations, capital structure, or profitability — so it is worth checking the peer comparison chart before drawing conclusions.
The PEG ratio is a valuation multiple that relates Companhia Energética de Minas Gerais's market price to a fundamental measure such as earnings, sales, or book value. At -55.98, CMIG3.SA can look expensive or cheap only in context — versus its own history, growth rate, and Utilities peers. Higher multiples often price in stronger expected growth; lower ones can signal value or concern.
Start with the current PEG ratio of -55.98, then check the historical chart for trend and the peer comparison chart for relative positioning. The Utilities average is 11.78. From there, open related valuation or income-statement pages for Companhia Energética de Minas Gerais, and consider following CMIG3.SA for alerts when major investors trade the stock.
Companhia Energética de Minas Gerais is classified in the Utilities sector. On PEG ratio, it currently shows -55.98 versus a sector average near 11.78. Sector peers often share similar capital intensity and growth regimes, so relative rankings inside Utilities are usually more informative than comparing CMIG3.SA with unrelated industries.