P/E ratio for EVE Energy (300014.SZ)
P/E ratio as of May 2024 (TTM): 16.6
According to EVE Energy's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.5949. At the end of 2022 the company had a P/E ratio of 47.8.
P/E ratio history for EVE Energy from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 47.8 | -37.75% |
| 2021 | 76.7 | -15.26% |
| 2020 | 90.6 | 191.7% |
| 2019 | 31.0 | 32.69% |
| 2018 | 23.4 | -43.92% |
| 2017 | 41.7 | -15.52% |
| 2016 | 49.4 | -43.54% |
| 2015 | 87.5 | 77.6% |
| 2014 | 49.3 | 84.36% |
| 2013 | 26.7 | 24.14% |
| 2012 | 21.5 | -31.94% |
| 2011 | 31.6 | -29.82% |
| 2010 | 45.1 | -28.01% |
| 2009 | 62.6 |
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.