Everest Group
EG
#1162
Rank
HK$124.24 B
Marketcap
๐Ÿ‡ง๐Ÿ‡ฒ
Country
HK$2,891
Share price
1.32%
Change (1 day)
-5.06%
Change (1 year)

P/E ratio for Everest Group (EG)

P/E ratio as of November 2024 (TTM): 6.85

According to Everest Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.84829. At the end of 2019 the company had a P/E ratio of 11.1.

P/E ratio history for Everest Group from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
201911.1-87.79%
201891.1364.91%
201719.6117.17%
20169.0210.01%
20158.2026.05%
20146.517%
20136.08-12.72%
20126.97

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
8.26 20.59%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
9.03 31.83%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
12.7 84.88%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda

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.