Cia Energetica DE Minas Gerais - Cemig (Cia Energetica DE Minas Gerais - Cemig) PEG Ratio

: 0.35 (As of Today)

View and export this data going back to 1995. Start your Free Trial

PE Ratio without NRI / 5-Year EBITDA Growth Rate*

PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio. The growth rate we use is the 5-Year EBITDA growth rate. As of today, Cia Energetica DE Minas Gerais - Cemig's PE Ratio without NRI is 5.76. Cia Energetica DE Minas Gerais - Cemig's 5-Year EBITDA growth rate is 16.40%. Therefore, Cia Energetica DE Minas Gerais - Cemig's PEG Ratio for today is 0.35.

* The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.

The historical rank and industry rank for Cia Energetica DE Minas Gerais - Cemig's PEG Ratio or its related term are showing as below:

CIG' s PEG Ratio Range Over the Past 10 Years
Min: 0.21 Med: 0.59 Max: 8.82
Current: 0.35

During the past 13 years, Cia Energetica DE Minas Gerais - Cemig's highest PEG Ratio was 8.82. The lowest was 0.21. And the median was 0.59.

CIG's PEG Ratio is ranked better than
89.31% of 290 companies
in the Utilities - Regulated industry
Industry Median: 1.54 vs CIG: 0.35

Peter Lynch thinks a company with a P/E ratio equal to its growth rate is fairly valued.

Cia Energetica DE Minas Gerais - Cemig PEG Ratio Historical Data

The historical data trend for Cia Energetica DE Minas Gerais - Cemig's PEG Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Cia Energetica DE Minas Gerais - Cemig Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

PEG Ratio

0.66

0.49

Cia Energetica DE Minas Gerais - Cemig Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
PEG Ratio																0.77	0.49	0.53	0.45	0.42

Competitive Comparison

For the Utilities - Diversified subindustry, Cia Energetica DE Minas Gerais - Cemig's PEG Ratio, along with its competitors' market caps and PEG Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Cia Energetica DE Minas Gerais - Cemig PEG Ratio Distribution

For the Utilities - Regulated industry and Utilities sector, Cia Energetica DE Minas Gerais - Cemig's PEG Ratio distribution charts can be found below:

* The bar in red indicates where Cia Energetica DE Minas Gerais - Cemig's PEG Ratio falls into.

Cia Energetica DE Minas Gerais - Cemig PEG Ratio Calculation

PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio. The ratio we use is the 5-Year EBITDA growth rate.

Cia Energetica DE Minas Gerais - Cemig's PEG Ratio for today is calculated as

PEG Ratio	=	PE Ratio without NRI	/	5-Year EBITDA Growth Rate*
	=	5.7619047619048	/	16.40
	=	0.35

* Note: The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.

Cia Energetica DE Minas Gerais - Cemig (NYSE:CIG) PEG Ratio Explanation

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the P/E ratio divided by the growth ratio. He thinks a company with a P/E ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a P/E of 20, instead of a company growing 10% a year with a P/E of 10.

Cia Energetica DE Minas Gerais - Cemig PEG Ratio Related Terms

Thank you for viewing the detailed overview of Cia Energetica DE Minas Gerais - Cemig's PEG Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Cia Energetica DE Minas Gerais - Cemig (Cia Energetica DE Minas Gerais - Cemig) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Cia Energetica DE Minas Gerais - Cemig (NYSE:CIG) » Definitions » PEG Ratio

Comparable Companies

Traded in Other Exchanges

CIG.C:USA CIGN:Mexico XCMIG:Spain CIDS:Germany CIDA:Germany CID:Germany CIDA:Germany CID:Germany CMIG4:Brazil CMIG3:Brazil

Address

Avenida Barbacena, 1200, Belo Horizonte, MG, BRA, 30190-131

Website

https://www.cemig.com.br

Cia Energetica DE Minas Gerais - Cemig Formerly Energy Company of Minas Gerais is a Brazilian power company that generates, transmits, and distributes electricity. As one of the largest power companies in Brazil, the firm operates across most Brazilian states and Chile. The company has various subsidiaries and operates chiefly through its generation, transmission, distribution, and gas segments. The majority of the company's revenue is derived from electricity sales to consumers. The company generates power primarily through hydroelectric resources and secondarily through thermal and wind resources.