P/E ratio for Evergy (EVRG)
P/E ratio as of March 2023 (TTM): 11.7
According to Evergy's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.7442. At the end of 2017 the company had a P/E ratio of 23.3.
P/E ratio history for Evergy from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2017 | 23.3 | 0.72% |
| 2016 | 23.1 | 14.35% |
| 2015 | 20.2 | 17.53% |
| 2014 | 17.2 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Evergy EVRG | 11.7 | 0.00% | 🇺🇸 USA |
 Hawaiian Electric Industries HE | 17.4 | 48.56% | 🇺🇸 USA |
 Idacorp IDA | 17.5 | 48.70% | 🇺🇸 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.