P/E ratio for Black Hills (BKH)

P/E ratio history for Black Hills 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
CenterPoint Energy CNP	22.2	41.33%	🇺🇸 USA
Xcel Energy XEL	20.4	29.94%	🇺🇸 USA
NorthWestern Corporation NWE	18.8	19.83%	🇺🇸 USA
Avista AVA	17.3	9.75%	🇺🇸 USA
MDU Resources MDU	15.3	-2.51%	🇺🇸 USA
Duke Energy DUK	82.2	422.35%	🇺🇸 USA
Alliant Energy LNT	22.9	45.31%	🇺🇸 USA
CMS Energy CMS	27.5	75.02%	🇺🇸 USA
Exelon Corporation EXC	18.8	19.70%	🇺🇸 USA
Ameren AEE	20.0	27.12%	🇺🇸 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.