Companhia Energética de Minas Gerais

Companhia Energética de Minas Geraisverified

CIG

Price:

$1.97

Market Cap:

$36.96B

Companhia Energética de Minas Gerais, through its subsidiaries, engages in the generation, transmission, distribution, and sale of energy in Brazil. As of December 31, 2021, the company operated 70 hydroelectric, wind, and solar plants with an installed capacity of 5,700 MW; 339,086 miles of distribution lines; and 4,449 miles of transmission lines. It is also involved in the acquisition, transportation, and distribution of gas and its sub products and derivatives; provision of cloud solution, IT infrastructure, IT management, and cybersecurity services; provision of technology systems and systems for operational management of public service concessions; sale and trading of energy; provision...[Read more]

Industry

Diversified Utilities

IPO Date

1996-11-18

Stock Exchange

NYSE

Ticker

CIG

The PE Ratio as of November 2024 (TTM) for Companhia Energética de Minas Gerais (CIG) is 5.47

According to Companhia Energética de Minas Gerais’s latest financial reports and current stock price. The company's current PE Ratio is 5.47. This represents a change of 24.21% compared to the average of 4.40 of the last 4 quarters.

Companhia Energética de Minas Gerais (CIG) Historical PE Ratio (quarterly & annually)

How has CIG PE Ratio performed in the past?

The mean historical PE Ratio of Companhia Energética de Minas Gerais over the last ten years is 1.18K. The current 5.47 PE Ratio has changed -53.52% with respect to the historical average. Over the past ten years (40 quarters), CIG's PE Ratio was at its highest in in the March 2016 quarter at 382.98. The PE Ratio was at its lowest in in the June 2018 quarter at -137.17.

Quarterly (TTM)
Annual

Average

1.18K

Median

5.61

Minimum

4.07

Maximum

11.70K

Companhia Energética de Minas Gerais (CIG) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Companhia Energética de Minas Gerais PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 287.42%

Maximum Annual PE Ratio = 11.70K

Minimum Annual Increase = -99.81%

Minimum Annual PE Ratio = 4.07

Quarterly (TTM)
Annual
YearPE RatioChange
20234.29-3.33%
20224.43-5.77%
20214.71-22.92%
20206.1119.17%
20195.12-43.65%
20189.0919.15%
20177.63-65.22%
201621.94-99.81%
201511.70K287.42%
20144.07-11.82%

Companhia Energética de Minas Gerais (CIG) Average PE Ratio

How has CIG PE Ratio performed in the past?

The current PE Ratio of Companhia Energética de Minas Gerais (CIG) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages

3-year avg

4.48

5-year avg

4.93

10-year avg

1.18K

Companhia Energética de Minas Gerais (CIG) PE Ratio vs. Peers

How is CIG’s PE Ratio compared to its peers?

Companhia Energética de Minas Gerais’s PE Ratio is less than NorthWestern Corporation (14.22), less than Montauk Renewables, Inc. (42.23), less than ALLETE, Inc. (20.53), less than E.ON SE (18.28), less than Companhia Paranaense de Energia - COPEL (52.93), less than Otter Tail Corporation (10.55), less than Avista Corporation (14.77), less than Commerce Energy Group, Inc. (0), less than ATCO Ltd. (13.91), less than RWE Aktiengesellschaft (6.45), less than Black Hills Corporation (14.41), less than Unitil Corporation (18.88),

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