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Sunday, March 24, 2024

Little Excitement Around Enel Chile S.A.'s Earnings

 

With a price-to-earnings (or "P/E") ratio of 6.2x Enel Chile S.A. (SNSE:ENELCHILE) may be sending bullish signals at the moment, given that almost half of all companies in Chile have P/E ratios greater than 9x and even P/E's higher than 14x are not unusual. Although, it's not wise to just take the P/E at face value as there may be an explanation why it's limited.

https://simplywall.st/stocks/cl/utilities/snse-enelchile/enel-chile-shares/news/little-excitement-around-enel-chile-sas-snseenelchile-earnin

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