P/E ratio for Evotec (EVO)
P/E ratio as of April 2024 (TTM): -15.4
According to Evotec's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -15.3793. At the end of 2022 the company had a P/E ratio of -15.4.
P/E ratio history for Evotec from 2004 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -15.4 | -149.93% |
| 2021 | 30.8 | -97.41% |
| 2020 | > 1000 | 1179.43% |
| 2019 | 92.9 | 207.99% |
| 2018 | 30.2 | -65.41% |
| 2017 | 87.2 | 142.49% |
| 2016 | 36.0 | 15.37% |
| 2015 | 31.2 | -151.24% |
| 2014 | -60.9 | 235.03% |
| 2013 | -18.2 | -111.8% |
| 2012 | 154 | 330.63% |
| 2011 | 35.7 | -62.17% |
| 2010 | 94.5 | -2062.6% |
| 2009 | -4.81 | 1140.48% |
| 2008 | -0.3881 | -58.26% |
| 2007 | -0.9297 | 321.24% |
| 2006 | -0.2207 | -72.29% |
| 2005 | -0.7966 | 50.68% |
| 2004 | -0.5287 |
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.