Enviva
EVA
#9041
Rank
NZ$49.2 M
Marketcap
$0.66
Share price
2.13%
Change (1 day)
-94.33%
Change (1 year)

P/E ratio for Enviva (EVA)

P/E ratio as of September 2024 (TTM): -0.1022

According to Enviva's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.10224. At the end of 2022 the company had a P/E ratio of -20.6.

P/E ratio history for Enviva from 2015 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-20.648.18%
2021-13.9-90.34%
2020-144119.5%
2019-65.5-109.44%
20186941530.88%
201742.553.96%
201627.618.16%
201523.4

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
29.4-28,830.34%๐Ÿ‡บ๐Ÿ‡ธ USA
18.4-18,107.82%๐Ÿ‡บ๐Ÿ‡ธ USA
21.9-21,517.16%๐Ÿ‡บ๐Ÿ‡ธ USA
21.7-21,329.95%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.