P/E ratio for American States Water (AWR)
P/E ratio as of September 2023 (TTM): 25.6
According to American States Water 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 25.5538. At the end of 2021 the company had a P/E ratio of 40.6.
P/E ratio history for American States Water from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 40.6 | 19.38% |
| 2020 | 34.0 | -10.58% |
| 2019 | 38.0 | -2.51% |
| 2018 | 39.0 | |
| 2016 | 28.0 | 7.27% |
| 2015 | 26.1 | 7.93% |
| 2014 | 24.1 | |
| 2012 | 17.0 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 American Water Works AWK | 27.7 | 8.41% | 🇺🇸 USA |
 York Water YORW | 26.6 | 4.13% | 🇺🇸 USA |
 Pure Cycle (water) PCYO | 24.9 | -2.57% | 🇺🇸 USA |
 Middlesex Water Company
MSEX | 32.4 | 26.72% | 🇺🇸 USA |
 Cadiz CDZI | -5.35 | -120.96% | 🇺🇸 USA |
 Artesian Resources ARTNA | 25.4 | -0.71% | 🇺🇸 USA |
 SJW Group
SJW | 21.6 | -15.48% | 🇺🇸 USA |
 California Water Service CWT | 41.6 | 62.94% | 🇺🇸 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.