EC - P/E Ratio Insights for Ecopetrol | Benzinga
In the current session, the stock is trading at $12.45, after a 1.47% increase. Over the past month, Ecopetrol Inc. (NYSE:EC) stock increased by 3.03%, and in the past year, by 21.12%. With performance like this, long-term shareholders are optimistic but others are more likely to look into the price-to-earnings ratio to see if the stock might be overvalued.
A Look at Ecopetrol P/E Relative to Its Competitors
The P/E ratio measures the current share price to the company's EPS. It is used by long-term investors to analyze the company's current performance against it's past earnings, ...