Idacorp
IDA
#2359
Rank
$5.35 B
Marketcap
$105.72
Share price
-0.34%
Change (1 day)
-1.60%
Change (1 year)

P/E ratio for Idacorp (IDA)

P/E ratio as of June 2023 (TTM): 19.6

According to Idacorp's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 19.6141. At the end of 2021 the company had a P/E ratio of 23.3.

P/E ratio history for Idacorp from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202123.314.97%
202020.3-12.54%
201923.215.82%
201820.0-7.6%
201721.65.89%
201620.414.13%
201517.92.01%
201417.622.89%
201314.39.26%
201213.13.91%
201112.60.24%
201012.61.76%
200912.3-7.26%
200813.3-28.07%
200718.520.11%
200615.4-20.64%
200519.419.47%
200416.2-33.88%
200324.662.24%
200215.125.27%
200112.1

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
51.6 162.85%๐Ÿ‡บ๐Ÿ‡ธ USA
19.9 1.26%๐Ÿ‡บ๐Ÿ‡ธ USA
20.2 2.83%๐Ÿ‡บ๐Ÿ‡ธ USA
18.4-6.11%๐Ÿ‡บ๐Ÿ‡ธ USA
19.1-2.54%๐Ÿ‡บ๐Ÿ‡ธ USA
17.5-11.00%๐Ÿ‡บ๐Ÿ‡ธ USA
18.1-7.80%๐Ÿ‡บ๐Ÿ‡ธ USA
21.1 7.67%๐Ÿ‡บ๐Ÿ‡ธ USA
23.3 18.73%๐Ÿ‡บ๐Ÿ‡ธ 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.