EVT Limited
EVT.AX
#5269
Rank
C$1.64 B
Marketcap
$10.11
Share price
-0.89%
Change (1 day)
7.26%
Change (1 year)
Categories

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

P/E ratio at the end of 2023: 17.7

According to EVT Limited's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.5601. At the end of 2023 the company had a P/E ratio of 17.7.

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

PE ratio at the end of each year

Year P/E ratio Change
202317.7-55.32%
202239.7-208.89%
2021-36.4-68.1%
2020-114-779.86%
201916.8-1.55%
201817.16.06%
201716.13.6%
201615.50.24%
201515.519.65%
201413.017.41%
201311.034.38%
20128.21100.53%
20114.09-38.09%
20106.610.55%
20096.5851.29%
20084.35-44.12%
20077.78-17.32%
20069.41-18.06%
200511.5-190.79%
2004-12.6-228.56%
20039.83-25.32%
200213.2-1.48%
200113.4

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.