P/E ratio for EVN Group (EVN.F)
P/E ratio as of April 2024 (TTM): 12.2
According to EVN Group 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.2187. At the end of 2022 the company had a P/E ratio of 10.7.
P/E ratio history for EVN Group from 2008 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 10.7 | -29.48% |
| 2021 | 15.2 | 1.63% |
| 2020 | 15.0 | 57.4% |
| 2019 | 9.52 | -17% |
| 2018 | 11.5 | 3.8% |
| 2017 | 11.0 | -3.35% |
| 2016 | 11.4 | -7.47% |
| 2015 | 12.4 | -287.5% |
| 2014 | -6.59 | -119.56% |
| 2013 | 33.7 | 187.16% |
| 2012 | 11.7 | 19.92% |
| 2011 | 9.78 | 3.6% |
| 2010 | 9.44 | 10.81% |
| 2009 | 8.52 | -21.35% |
| 2008 | 10.8 |
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.