Evertec
EVTC
#4145
Rank
โ‚น182.76 B
Marketcap
โ‚น2,857
Share price
0.21%
Change (1 day)
-9.26%
Change (1 year)

P/E ratio for Evertec (EVTC)

P/E ratio as of September 2024 (TTM): 22.8

According to Evertec's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 22.8054. At the end of 2022 the company had a P/E ratio of 9.17.

P/E ratio history for Evertec from 2013 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20229.17-59.07%
202122.4-16.78%
202026.913.93%
201923.6-1.99%
201824.134.28%
201718.03.21%
201617.40.84%
201517.3-34.49%
201426.3-134.27%
2013-76.9

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
33.3 46.07%๐Ÿ‡บ๐Ÿ‡ธ USA
-2.12-109.31%๐Ÿ‡บ๐Ÿ‡ธ USA
17.8-21.78%๐Ÿ‡บ๐Ÿ‡ธ USA
36.3 59.37%๐Ÿ‡บ๐Ÿ‡ธ USA
34.8 52.41%๐Ÿ‡บ๐Ÿ‡ธ USA
42.9 88.32%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.