P/E ratio for Evertec (EVTC)
P/E ratio as of June 2024 (TTM): 23.4
According to Evertec's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 23.3826. At the end of 2022 the company had a P/E ratio of 9.17.
P/E ratio history for Evertec from 2013 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 9.17 | -59.07% |
| 2021 | 22.4 | -16.78% |
| 2020 | 26.9 | 13.93% |
| 2019 | 23.6 | -1.99% |
| 2018 | 24.1 | 34.28% |
| 2017 | 18.0 | 3.21% |
| 2016 | 17.4 | 0.84% |
| 2015 | 17.3 | -34.49% |
| 2014 | 26.3 | -134.27% |
| 2013 | -76.9 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Visa V | 32.7 | 39.79% | 🇺🇸 USA |
 Mastercard MA | 38.4 | 64.13% | 🇺🇸 USA |
 Fidelity National Information Services FIS | -1.86 | -107.97% | 🇺🇸 USA |
 Fiserv FI | 30.7 | 31.18% | 🇺🇸 USA |
 Global Payments GPN | 30.1 | 28.77% | 🇺🇸 USA |
 Euronet Worldwide
EEFT | 20.3 | -13.02% | 🇺🇸 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.