Redeia Corporación, S.A. engages in the electricity transmission, and system operation and management of the transmission network for the electricity system in Spain and internationally. Its transmission network comprises approximately 45,019 kilometers; and has 94,221 MVA of transformation capacity. The company also provides advisory, engineering, and construction services; and telecommunications, financing, reinsurance, line and substation maintenance, technical consultancy, and satellite telecommunications services. In addition, it manages and constructs energy storage facilities and the water cycle; acquires, holds, manages, and administers equity securities; operates satellite communications system and renders space segment services for the geostationary orbital slots; and sells and leases satellites and spatial capacity. The company was incorporated in 1985 and is based in Alcobendas, Spain.
P/E ratio for Redeia Corporación, S.A. (RED.MC)
P/E ratio as of 2023: 11.67
According to Redeia Corporación, S.A.'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.67. At the end of 2022 the company had a P/E ratio of 13.19.
P/E ratio history for Redeia Corporación, S.A. from 2002 to 2023
PE ratio at the end of each year
| Year | P/E ratio |
|---|---|
| 2023 | 11.67 |
| 2022 | 13.19 |
| 2021 | 15.06 |
| 2020 | 14.55 |
| 2019 | 13.53 |
| 2018 | 14.91 |
| 2017 | 14.85 |
| 2016 | 15.17 |
| 2015 | 17.17 |
| 2014 | 13.79 |
| 2013 | 12.40 |
| 2012 | 10.24 |
| 2011 | 9.72 |
| 2010 | 12.20 |
| 2009 | 15.90 |
| 2008 | 16.98 |
| 2007 | 23.49 |
| 2006 | 21.49 |
| 2005 | 21.79 |
| 2004 | 16.88 |
| 2003 | 15159.48 |
| 2002 | 12.96 |