P/E ratio for Evercore (EVR)
P/E ratio as of April 2024 (TTM): 22.8
According to Evercore's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 22.7629. At the end of 2022 the company had a P/E ratio of 8.97.
P/E ratio history for Evercore from 2007 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 8.97 | 22.88% |
| 2021 | 7.30 | -42.61% |
| 2020 | 12.7 | 26.75% |
| 2019 | 10.0 | 30.84% |
| 2018 | 7.67 | -73.33% |
| 2017 | 28.8 | 14.68% |
| 2016 | 25.1 | -46.67% |
| 2015 | 47.0 | 116.37% |
| 2014 | 21.7 | -40.02% |
| 2013 | 36.2 | 16.41% |
| 2012 | 31.1 | -66.09% |
| 2011 | 91.8 | 21.49% |
| 2010 | 75.6 | -134.8% |
| 2009 | -217 | 543.26% |
| 2008 | -33.8 | 410.66% |
| 2007 | -6.61 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 MarketAxess
MKTX | 30.7 | 35.02% | 🇺🇸 USA |
 Moelis & Company MC | 89.4 | 292.84% | 🇺🇸 USA |
 Lazard LAZ | -33.2 | -245.78% | 🇧🇲 Bermuda |
 Greenhill GHL | 17.4 | -23.43% | 🇺🇸 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.