Evertz Technologies
ET.TO
#6227
Rank
S$0.89 B
Marketcap
$11.76
Share price
1.32%
Change (1 day)
-0.97%
Change (1 year)

P/E ratio for Evertz Technologies (ET.TO)

P/E ratio as of November 2024 (TTM): 13.1

According to Evertz Technologies's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.1315. At the end of 2023 the company had a P/E ratio of 13.8.

P/E ratio history for Evertz Technologies from 2007 to 2024

PE ratio at the end of each year

Year P/E ratio Change
202313.8-8.14%
202215.0-46.02%
202127.759.35%
202017.42.89%
201916.9-32.89%
201825.237.18%
201718.41.69%
201618.1-3.43%
201518.7-5.48%
201419.811.91%
201317.72.38%
201217.314.06%
201115.1-9.14%
201016.741.95%
200911.7-25.15%
200815.7-17.24%
200719.0

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.