Start with its own history
At 9.22×, CIG-C is 13.3% below its 10-observation annual average. A lower multiple can reflect a lower price, higher earnings, or weaker growth expectations—not necessarily a bargain.
NYSE · CIG-CRegulated ElectricUpdated Nov 4, 2026
Companhia Energética de Minas Gerais P/E ratio
Current valuation, historical context, and peer comparisons.
Current P/E ratio
9.22×
13.3% belowthe 10-year annual average
Share price2.99
÷Earnings per share0.3244
Price and EPS in quote currency. Calculation details
Investors are paying 9.22 for every 1 of reported earnings per share.
P/E over time
2016 – 2025
Annual P/ESelected-period average 10.63×
3-year average6.74×3 positive annual observations
5-year average7.45×5 positive annual observations
10-year average10.63×10 positive annual observations
Peer median · TTM10.25×8 peers with positive P/E
Historical P/E ratios
Annual period-end data · 19 observations
| Period end | P/E | Change |
|---|---|---|
| Dec 31, 2025 | 8.60× | +46.3% |
| Dec 31, 2024 | 5.88× | +2.2% |
| Dec 31, 2023 | 5.75× | -33.8% |
| Dec 31, 2022 | 8.69× | +3.8% |
| Dec 31, 2021 | 8.37× | -3.8% |
| Dec 31, 2020 | 8.70× | +22.6% |
| Dec 31, 2019 | 7.10× | -47.3% |
| Dec 31, 2018 | 13.47× | +40.4% |
View all 19 annual observations +
| Period end | P/E | Change |
|---|---|---|
| Dec 31, 2017 | 9.60× | -68.2% |
| Dec 31, 2016 | 30.15× | +1121.2% |
| Dec 31, 2015 | 2.47× | -54.4% |
| Dec 31, 2014 | 5.41× | +25.5% |
| Dec 31, 2013 | 4.31× | -23.9% |
| Dec 31, 2012 | 5.66× | -42.4% |
| Dec 31, 2011 | 9.84× | +33.0% |
| Dec 31, 2010 | 7.39× | -21.2% |
| Dec 31, 2009 | 9.38× | -17.2% |
| Dec 31, 2008 | 11.32× | -9.1% |
| Dec 31, 2007 | 12.46× | N/M |
Change is relative to the preceding observation. N/M values are excluded from averages.
How CIG-C compares
Company P/E vs. peer trailing-12-month ratios
| Company | P/E ratio |
|---|---|
 CIG-C This stockCompanhia Energética de Minas Gerais | 9.22× |
 CPLE3.SACompanhia Paranaense de Energia | 14.03× |
 CEBR3.SACompanhia Energética de Brasília - CEB | 7.18× |
 CPFE3.SACPFL Energia S.A. | 8.17× |
 AXIA3.SAAXIA Energia | 9.05× |
 EGIE3.SAEngie Brasil Energia S.A. | 7.23× |
 ENGI3.SAEnergisa S.A. | 31.54× |
 REDE3.SARede Energia Participações S.A. | 11.45× |
 AXIA7.SAAXIA Energia S.A. | 25.18× |
Peers are selected by the data provider. Business models and earnings definitions can differ.
Put the numbers in context
What does CIG-C’s P/E tell you?
Compare like with like
The median of the 8 positive peer ratios above is 10.25×. Check growth, margins, debt, and earnings quality before interpreting the gap. A faster-growing business may justify a higher multiple.
Check what drives earnings
One-off gains can temporarily lower P/E; unusual charges can raise it. Reported earnings and forward estimates answer different questions. Pair this view with return on equity and liquidity for a fuller picture.
Keep your research connected
Take CIG-C into your spreadsheet
Pull historical P/E into Excel or Google Sheets with Wisesheets. Build your own comparisons alongside the rest of your financial model.
Explore WisesheetsQuarterly P/E · latest quarterLQ selects the latest reported quarter. Requires the Wisesheets add-in. See available data
=WISE("CIG-C", "PE Ratio", "LQ")Sources & calculation methodology
Current P/E
Share price 2.99 ÷ EPS 0.3244 = 9.22×. Data is supplied by Financial Modeling Prep through Wisesheets. Quote feed updated Nov 4, 2026; this is not a real-time trading quote.
History & averages
Annual and quarterly P/E observations are provided separately from the current quote. Averages use the latest 3, 5, or 10 annual observations, excluding missing and nonpositive ratios. Pre-IPO observations are omitted. These are period-end observations, not daily averages.
Data definitions and limitations
The current quote feed does not specify the exact EPS filing-period end or whether EPS is basic or diluted. We do not label it as forward P/E. Peer ratios are explicitly trailing-12-month (TTM) values. Historical observations do not include independently verified price and EPS inputs. Sources may update on different schedules; rounded inputs can produce small calculation differences. Historical comparisons describe past pricing, not an estimate of fair value.
CIG-C P/E ratio: common questions
The essentials behind the numbers.
Companhia Energética de Minas Gerais's current P/E is 9.22× based on the quote data last updated Nov 4, 2026. It represents the share price divided by reported earnings per share. Prices and earnings may refresh on different schedules.
Annual P/E uses earnings for a completed fiscal year. Trailing-12-month (TTM) P/E uses the latest four quarters, while forward P/E uses forecast earnings. These are not interchangeable. This page labels peer ratios as TTM and shows dated annual or quarterly historical observations; it does not show forward estimates.
N/M means not meaningful: the feed has no positive P/E for that observation. Negative or zero earnings should not be ranked as a low positive valuation multiple. N/M observations are excluded from the averages shown above.
Divide the share price by earnings per share (EPS). For example, a share price of 100 and EPS of 5 gives a P/E of 20×. This page uses the price and EPS supplied together in the quote when both are positive.
Price timestamps, EPS definitions, share classes, adjustments, and fiscal periods can differ. A forward P/E also uses forecast earnings rather than reported earnings. Compare the inputs and as-of dates before comparing two displayed ratios.
Not necessarily. The average describes previous market pricing, not fair value. Changes in earnings quality, growth expectations, debt, accounting, and business risk can justify a different multiple today.