P/E ratio for Enviva (EVA)
P/E ratio as of June 2024 (TTM): -0.1525
According to Enviva's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.152549. At the end of 2022 the company had a P/E ratio of -20.6.
P/E ratio history for Enviva from 2015 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -20.6 | 48.18% |
| 2021 | -13.9 | -90.34% |
| 2020 | -144 | 119.5% |
| 2019 | -65.5 | -109.44% |
| 2018 | 694 | 1530.88% |
| 2017 | 42.5 | 53.96% |
| 2016 | 27.6 | 18.16% |
| 2015 | 23.4 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Entergy ETR | 15.4 | -10,222.19% | 🇺🇸 USA |
 Pinnacle West Capital
PNW | 18.3 | -12,092.54% | 🇺🇸 USA |
 PPL PPL | 25.7 | -16,966.52% | 🇺🇸 USA |
 Portland General Electric
POR | 19.3 | -12,783.27% | 🇺🇸 USA |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.