Brookfield Renewable Partners Stock Price To Earning
| BEP Stock | USD 26.03 0.31 1.18% |
Brookfield Renewable Partners fundamentals help investors to digest information that contributes to Brookfield Renewable's financial success or failures. It also enables traders to predict the movement of Brookfield Stock. The fundamental analysis module provides a way to measure Brookfield Renewable's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Brookfield Renewable stock.
Brookfield | Price To Earning |
Brookfield Renewable Partners Company Price To Earning Analysis
Brookfield Renewable's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current Brookfield Renewable Price To Earning | 105.42 X |
Most of Brookfield Renewable's fundamental indicators, such as Price To Earning, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Brookfield Renewable Partners is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Brookfield Price To Earning Driver Correlations
Understanding the fundamental principles of building solid financial models for Brookfield Renewable is extremely important. It helps to project a fair market value of Brookfield Stock properly, considering its historical fundamentals such as Price To Earning. Since Brookfield Renewable's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Brookfield Renewable's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Brookfield Renewable's interrelated accounts and indicators.
Click cells to compare fundamentals
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
| Competition |
Brookfield Retained Earnings
Retained Earnings |
|
Based on the latest financial disclosure, Brookfield Renewable Partners has a Price To Earning of 105 times. This is 249.07% higher than that of the Independent Power and Renewable Electricity Producers sector and significantly higher than that of the Utilities industry. The price to earning for all United States stocks is notably lower than that of the firm.
Brookfield Price To Earning Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Brookfield Renewable's direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Brookfield Renewable could also be used in its relative valuation, which is a method of valuing Brookfield Renewable by comparing valuation metrics of similar companies.Brookfield Renewable is currently under evaluation in price to earning category among its peers.
Brookfield Renewable Current Valuation Drivers
We derive many important indicators used in calculating different scores of Brookfield Renewable from analyzing Brookfield Renewable's financial statements. These drivers represent accounts that assess Brookfield Renewable's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Brookfield Renewable's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 6.7B | 11.9B | 9.8B | 7.5B | 6.8B | 7.1B | |
| Enterprise Value | 24.0B | 29.5B | 31.1B | 37.1B | 33.4B | 35.1B |
Brookfield Renewable ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Brookfield Renewable's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Brookfield Renewable's managers, analysts, and investors.Environmental | Governance | Social |
Brookfield Fundamentals
| Return On Equity | 0.0024 | ||||
| Return On Asset | 0.0091 | ||||
| Profit Margin | (0.06) % | ||||
| Operating Margin | 0.19 % | ||||
| Current Valuation | 35.7 B | ||||
| Shares Outstanding | 285.11 M | ||||
| Shares Owned By Institutions | 66.24 % | ||||
| Number Of Shares Shorted | 1.17 M | ||||
| Price To Earning | 105.42 X | ||||
| Price To Book | 1.92 X | ||||
| Price To Sales | 3.00 X | ||||
| Revenue | 5.04 B | ||||
| Gross Profit | 3.3 B | ||||
| EBITDA | 3.94 B | ||||
| Net Income | (30 M) | ||||
| Cash And Equivalents | 909 M | ||||
| Cash Per Share | 1.92 X | ||||
| Total Debt | 30.47 B | ||||
| Debt To Equity | 1.02 % | ||||
| Current Ratio | 0.73 X | ||||
| Book Value Per Share | 15.59 X | ||||
| Cash Flow From Operations | 1.86 B | ||||
| Short Ratio | 2.25 X | ||||
| Earnings Per Share | (0.81) X | ||||
| Price To Earnings To Growth | 3.51 X | ||||
| Target Price | 30.86 | ||||
| Number Of Employees | 4.77 K | ||||
| Beta | 0.9 | ||||
| Market Capitalization | 17.33 B | ||||
| Total Asset | 76.13 B | ||||
| Retained Earnings | 2.11 B | ||||
| Working Capital | (3.43 B) | ||||
| Current Asset | 600 M | ||||
| Current Liabilities | 1.25 B | ||||
| Annual Yield | 0.05 % | ||||
| Five Year Return | 4.65 % | ||||
| Net Asset | 76.13 B | ||||
| Last Dividend Paid | 1.41 |
About Brookfield Renewable Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Brookfield Renewable Partners's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Brookfield Renewable using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Brookfield Renewable Partners based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Brookfield Renewable
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Brookfield Renewable position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Brookfield Renewable will appreciate offsetting losses from the drop in the long position's value.Moving against Brookfield Stock
| 0.41 | ADN | Advent Technologies Downward Rally | PairCorr |
| 0.41 | HLGN | Heliogen | PairCorr |
| 0.35 | ELLO | Ellomay Capital | PairCorr |
The ability to find closely correlated positions to Brookfield Renewable could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Brookfield Renewable when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Brookfield Renewable - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Brookfield Renewable Partners to buy it.
The correlation of Brookfield Renewable is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Brookfield Renewable moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Brookfield Renewable moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Brookfield Renewable can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Brookfield Stock Analysis
When running Brookfield Renewable's price analysis, check to measure Brookfield Renewable's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Brookfield Renewable is operating at the current time. Most of Brookfield Renewable's value examination focuses on studying past and present price action to predict the probability of Brookfield Renewable's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Brookfield Renewable's price. Additionally, you may evaluate how the addition of Brookfield Renewable to your portfolios can decrease your overall portfolio volatility.