P/E ratio for Idacorp (IDA)

P/E ratio history for Idacorp from 2001 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
PNM Resources PNM	23.3	13.55%	🇺🇸 USA
Edison International EIX	19.6	-4.40%	🇺🇸 USA
Avista AVA	16.7	-18.75%	🇺🇸 USA
Portland General Electric POR	18.7	-8.92%	🇺🇸 USA
Pinnacle West Capital PNW	20.6	0.22%	🇺🇸 USA
Hawaiian Electric Industries HE	4.39	-78.65%	🇺🇸 USA
Xcel Energy XEL	21.1	2.61%	🇺🇸 USA
NorthWestern Corporation NWE	18.1	-11.95%	🇺🇸 USA
Pacific Gas and Electric PCG	18.6	-9.34%	🇺🇸 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.