P/E ratio for Black Hills (BKH)
P/E ratio as of May 2024 (TTM): 14.7
According to Black Hills's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.7487. At the end of 2022 the company had a P/E ratio of 17.6.
P/E ratio history for Black Hills from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 17.6 | -6.32% |
| 2021 | 18.8 | 12.09% |
| 2020 | 16.8 | -29.67% |
| 2019 | 23.9 | 79.48% |
| 2018 | 13.3 | -23.38% |
| 2017 | 17.4 | -60.38% |
| 2016 | 43.8 | -133.36% |
| 2015 | -131 | -826.43% |
| 2014 | 18.1 | -8.4% |
| 2013 | 19.7 | 27.66% |
| 2012 | 15.5 | -42.44% |
| 2011 | 26.9 | 58.5% |
| 2010 | 16.9 | 34.93% |
| 2009 | 12.6 | 27.2% |
| 2008 | 9.88 | -39.99% |
| 2007 | 16.5 | 8.69% |
| 2006 | 15.1 | -54.95% |
| 2005 | 33.6 | 94.95% |
| 2004 | 17.2 | 14.98% |
| 2003 | 15.0 | 91.61% |
| 2002 | 7.82 | -19.55% |
| 2001 | 9.72 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Alliant Energy LNT | 19.8 | 34.49% | 🇺🇸 USA |
 Ameren
AEE | 17.5 | 18.38% | 🇺🇸 USA |
 CenterPoint Energy
CNP | 23.6 | 59.84% | 🇺🇸 USA |
 CMS Energy
CMS | 24.9 | 68.79% | 🇺🇸 USA |
 Exelon Corporation EXC | 18.0 | 22.10% | 🇺🇸 USA |
 Duke Energy DUK | 72.4 | 391.04% | 🇺🇸 USA |
 Xcel Energy XEL | 17.7 | 19.83% | 🇺🇸 USA |
 MDU Resources
MDU | 14.2 | -3.85% | 🇺🇸 USA |
 NorthWestern Corporation
NWE | 17.5 | 18.35% | 🇺🇸 USA |
 Avista
AVA | 17.3 | 17.40% | 🇺🇸 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.