According to Algonquin Power & Utilities's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -16.0256. At the end of 2022 the company had a P/E ratio of -19.8.
Year | P/E ratio | Change |
---|---|---|
2022 | -19.8 | -156.06% |
2021 | 35.2 | 195.48% |
2020 | 11.9 | -11.49% |
2019 | 13.5 | -49.05% |
2018 | 26.4 | -12.32% |
2017 | 30.2 | 20.01% |
2016 | 25.1 | -2.25% |
2015 | 25.7 | -13.06% |
2014 | 29.6 | -70.27% |
2013 | 99.5 | 41.8% |
2012 | 70.2 | 117.08% |
2011 | 32.3 | 22.51% |
2010 | 26.4 | 139.5% |
2009 | 11.0 |
Company | P/E ratio | P/E ratio differencediff. | Country |
---|---|---|---|
American Water Works AWK | 25.2 | -257.30% | ๐บ๐ธ USA |
Pacific Gas and Electric
PCG | 18.4 | -214.65% | ๐บ๐ธ USA |
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.