Evolution Gaming
EVO.ST
#840
Rank
$23.05 B
Marketcap
$109.25
Share price
-0.38%
Change (1 day)
-15.66%
Change (1 year)
Evolution Gaming Group AB is a Swedish company that develops, produces, markets and licenses fully-integrated B2B Live Casino solutions to gaming operators.

P/E ratio for Evolution Gaming (EVO.ST)

P/E ratio as of May 2024 (TTM): 21.4

According to Evolution Gaming's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 21.4222. 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
202223.5-45.64%
202143.2-23.04%
202056.272.62%
201932.551.75%
201821.4-39.62%
201735.520.62%
201629.4-49.78%
201558.6

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.