P/E ratio for Evolution Gaming (EVO.ST)
P/E ratio as of March 2025 (TTM): 14.7
According to Evolution Gaming's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.7336. At the end of 2022 the company had a P/E ratio of 23.5.
P/E ratio history for Evolution Gaming from 2015 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 23.5 | -45.64% |
| 2021 | 43.2 | -23.04% |
| 2020 | 56.2 | 72.62% |
| 2019 | 32.5 | 51.75% |
| 2018 | 21.4 | -39.62% |
| 2017 | 35.5 | 20.62% |
| 2016 | 29.4 | -49.78% |
| 2015 | 58.6 |
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.