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	25.7	70.43%	🇺🇸 USA
Xcel Energy XEL	21.4	41.95%	🇺🇸 USA
NorthWestern Corporation NWE	17.6	16.54%	🇺🇸 USA
Avista AVA	16.3	7.96%	🇺🇸 USA
MDU Resources MDU	10.2	-32.20%	🇺🇸 USA
Duke Energy DUK	76.1	404.84%	🇺🇸 USA
Alliant Energy LNT	22.4	48.85%	🇺🇸 USA
CMS Energy CMS	26.2	73.71%	🇺🇸 USA
Exelon Corporation EXC	17.2	14.17%	🇺🇸 USA
Ameren AEE	20.7	37.29%	🇺🇸 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.