EVT Limited
EVT.AX
#4838
Rank
C$1.96 B
Marketcap
$12.09
Share price
0.07%
Change (1 day)
11.90%
Change (1 year)
Categories

P/E ratio for EVT Limited (EVT.AX)

P/E ratio at the end of 2023: 17.2

According to EVT Limited's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 19.9202. At the end of 2023 the company had a P/E ratio of 17.2.

P/E ratio history for EVT Limited from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202317.2-55.32%
202238.5-208.89%
2021-35.4-68.1%
2020-111-779.86%
201916.3-1.55%
201816.66.06%
201715.63.6%
201615.10.24%
201515.019.65%
201412.617.41%
201310.734.38%
20127.97100.53%
20113.98-38.09%
20106.420.55%
20096.3951.29%
20084.22-44.12%
20077.55-17.32%
20069.14-18.06%
200511.1-190.79%
2004-12.3-228.56%
20039.55-25.32%
200212.8-1.48%
200113.0

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.