EVT Limited
EVT.AX
#4987
Rank
NZ$2.19 B
Marketcap
$13.51
Share price
-1.96%
Change (1 day)
1.83%
Change (1 year)
Categories

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

P/E ratio at the end of 2023: 16.2

According to EVT Limited's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 17.605. At the end of 2023 the company had a P/E ratio of 16.2.

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

PE ratio at the end of each year

Year P/E ratio Change
202316.2-55.32%
202236.4-208.89%
2021-33.4-68.1%
2020-105-779.86%
201915.4-1.55%
201815.66.06%
201714.83.6%
201614.20.24%
201514.219.65%
201411.917.41%
201310.134.38%
20127.52100.53%
20113.75-38.09%
20106.060.55%
20096.0351.29%
20083.98-44.12%
20077.13-17.32%
20068.62-18.06%
200510.5-190.79%
2004-11.6-228.56%
20039.02-25.32%
200212.1-1.48%
200112.3

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.