P/E ratio for Evergy (EVRG)
P/E ratio as of April 2024 (TTM): 15.5
According to Evergy's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 15.4894. At the end of 2022 the company had a P/E ratio of 19.2.
P/E ratio history for Evergy from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 19.2 | 7.71% |
| 2021 | 17.9 | -12.45% |
| 2020 | 20.4 | -11.27% |
| 2019 | 23.0 | -11.27% |
| 2018 | 25.9 | 11.45% |
| 2017 | 23.3 | 0.72% |
| 2016 | 23.1 | 14.35% |
| 2015 | 20.2 | 17.53% |
| 2014 | 17.2 | 22.32% |
| 2013 | 14.0 | 5.53% |
| 2012 | 13.3 | -10.73% |
| 2011 | 14.9 | 6.68% |
| 2010 | 14.0 | 1.68% |
| 2009 | 13.7 | 11.93% |
| 2008 | 12.3 | -13.36% |
| 2007 | 14.2 | 2.65% |
| 2006 | 13.8 | -0.45% |
| 2005 | 13.9 | 28.58% |
| 2004 | 10.8 | -37.14% |
| 2003 | 17.2 | -2010.25% |
| 2002 | -0.8984 | -98.43% |
| 2001 | -57.3 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Evergy EVRG | 15.5 | 0.00% | 🇺🇸 USA |
 Hawaiian Electric Industries HE | 4.89 | -68.46% | 🇺🇸 USA |
 Idacorp IDA | 17.2 | 10.94% | 🇺🇸 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.