Cia Paranaense De Energia Copel P/E Ratio

Cia Paranaense De Energia Copel posts a P/E ratio of 3.27. That is below the Utilities sector average of 19.63. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.

For Utilities stocks, a P/E ratio near 19.63 is typical. Cia Paranaense De Energia Copel's 3.27 is lower that level. That is roughly 83.3% below the sector mean. Whether that is a warning or an opportunity depends on growth outlook and other fundamentals shown elsewhere on Stockcircle.

Cia Paranaense De Energia Copel's P/E ratio of 3.27 comes from dividing a price-based measure by a related financial statistic. Changes can come from the stock price moving, the underlying fundamental shifting, or both. Track both the level and the trend — a rising multiple on falling fundamentals is a different story than a rising multiple on rising earnings.

Context for ELP's P/E ratio usually means three checks: (1) trend versus prior periods, (2) level versus peers (average 19.63), and (3) consistency with growth and profitability. This page covers the first two; Cia Paranaense De Energia Copel's other metric pages and overview cover the third.

Judging Cia Paranaense De Energia Copel against Utilities peers is usually better than using a market-wide rule of thumb. Business models inside Utilities are more comparable, which makes gaps in P/E ratio easier to interpret. Start with 3.27 here, then scan peer and history charts to see if the gap is persistent.