Idacorp
IDA
#2740
Rank
$4.68 B
Marketcap
$92.44
Share price
1.12%
Change (1 day)
-11.52%
Change (1 year)

P/E ratio for Idacorp (IDA)

P/E ratio as of June 2024 (TTM): 17.1

According to Idacorp's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 17.1434. At the end of 2022 the company had a P/E ratio of 21.1.

P/E ratio history for Idacorp from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202221.1-9.85%
202123.414.34%
202020.5-11.62%
201923.212.28%
201820.6-4.69%
201721.65.89%
201620.416.95%
201517.51.94%
201417.120.4%
201314.214%
201212.51.04%
201112.4-0.7%
201012.52.88%
200912.1-10.83%
200813.6-28.71%
200719.023.64%
200615.4-20.64%
200519.419.97%
200416.2-34.05%
200324.561%
200215.219.68%
200112.7

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
22.4 30.56%๐Ÿ‡บ๐Ÿ‡ธ USA
17.9 4.54%๐Ÿ‡บ๐Ÿ‡ธ USA
17.1-0.43%๐Ÿ‡บ๐Ÿ‡ธ USA
4.46-73.97%๐Ÿ‡บ๐Ÿ‡ธ USA
20.4 19.04%๐Ÿ‡บ๐Ÿ‡ธ USA
19.1 11.17%๐Ÿ‡บ๐Ÿ‡ธ USA
19.4 13.45%๐Ÿ‡บ๐Ÿ‡ธ USA
16.4-4.40%๐Ÿ‡บ๐Ÿ‡ธ USA
15.3-10.87%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.