The current PE ratio for Evergy stock as of Jul 26, 2024 is 18.37. This is calculated based on the TTM EPS of $3.09 and the stock price of $56.75 per share. The PE ratio marks an increase of 7% from its last 4 quarters average of 17.1.
The average historical PE ratio of Evergy for the last seven years is 20.19. The current P/E ratio of 18.37 is 9% lower than the historical average. Looking back at the last seven years, EVRG's PE ratio peaked in the Jun 2019 quarter at 27.72, when the price was $60.15 and the EPS was $2.17. The lowest point was in the Sep 2021 quarter, when it reached 16.24 with a price of $62.2 and an EPS of $3.83.
Maximum annual increase: 7.67% in 2022
Maximum annual decrease: -14.66% in 2023
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 16.42 | -14.66% |
| 2022 | 19.24 | 7.67% |
| 2021 | 17.87 | -12.44% |
| 2020 | 20.41 | -12.22% |
| 2019 | 23.25 | 2.38% |
| 2018 | 22.71 | N/A |
| 2017 | N/A | N/A |
| 2016 | N/A | N/A |
EVRG's current PE ratio is higher than the 3-year average, but it is lower than its 5-year average.
In comparison to its peer IDA, EVRG's PE ratio is lower, but it is higher than HE's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| HE Hawaiian Electric Industries Inc | 9.91 | $1.86B |
| EVRG Evergy Inc | 18.37 | $13.05B |
| IDA Idacorp Inc | 19.5 | $4.94B |
EVRG's price to earnings ratio is 18.37 as of Jul 26, 2024.
The 3-year average price to earnings ratio for EVRG stock is 17.72.
The 5-year average price to earnings ratio for EVRG stock is 19.02.
Over the last seven years, the Jun 2019 quarter recorded the highest quarterly PE ratio at 27.72.
The current PE ratio of EVRG is 9% lower than the 7-year historical average.
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Jul 26, 2024), Evergy's share price is $56.75. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $3.09. Therefore, Evergy's PE ratio for today is 18.37. PE RATIO(18.37) = STOCK PRICE($56.75) / TTM EPS($3.09)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.